DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
Taft-Hartley plan
United Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan
Taft-Hartley planTroy, MI
Assets
$206M
Total assets, Jun 30, 2025 reported
Funded
107.5%
Jul 1, 2024
Private markets target
n/a
policy Jun 30, 2025
Commitments
15
none on the tape
Plan sponsor: Board of Trustees of the Kalamazoo Plumbers & Pipefitters 357 Pension
Allocation policy
Form 5500, as of Jun 30, 2025
Actual allocation lines without a target (as filed)
- Interest-bearing cash 0.3%
- Non-interest-bearing cash 1.4%
- Other investments 0.4%
- Partnership/joint venture interests 1.7%
- Common/collective trusts 15.5%
- Registered investment companies 76.4%
- Common stock 3.3%
Consultants and advisers
6 firms
- Comerica Bank Custodianthrough Jun 30, 2023 Form 5500
- Ancora Advisors Custodianthrough Jun 30, 2023 Form 5500
- United Actuarial Services, Inc. Actuarythrough Jun 30, 2023 Form 5500
- Morgan Stanley Smith Barney, LLC Custodianthrough Jun 30, 2023 Form 5500
- Westend Advisors Custodianthrough Jun 30, 2023 Form 5500
- National Investment Services Custodianthrough Jun 30, 2023 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
- National Investment Services3 rows, latest Jun 30, 2025
- Titanium3 rows, latest Jun 30, 2025
- NEW Tower Trust Company3 rows, latest Jun 30, 2025
- Great Gray Trust Company3 rows, latest Jun 30, 2025
Commitments
15 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Jun 30, 2025 | NIS Core Fixed Income Fund, LLCcollective trust | National Investment Services | Fixed income | $16.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | NIS High Yield Fund, LLCcollective trust | National Investment Services, Inc. | Fixed income | $677,390 held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | NIS Total Absolute Return Fund, LLCcollective trust | Titanium | Hedge / diversifiers | $1.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $3.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Afl-Cio Building Investment Trustcollective trust | Great Gray Trust Company | Pooled vehicles | $2.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | NIS Core Fixed Income Fund, LLCcollective trust | National Investment Services | Fixed income | $14.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | NIS High Yield Fund, LLCcollective trust | National Investment Services, Inc. | Fixed income | $680,177 held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | NIS Total Absolute Return Fund, LLCcollective trust | Titanium | Hedge / diversifiers | $1.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $3.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Afl-Cio Building Investment Trustcollective trust | Great Gray Trust Company | Pooled vehicles | $2.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | NIS Core Fixed Income Fund, LLCcollective trust | National Investment Services | Fixed income | $12.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | NIS High Yield Fund, LLCcollective trust | National Investment Services, Inc. | Fixed income | $610,336 held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | NIS Total Absolute Return Fund, LLCcollective trust | Titanium | Hedge / diversifiers | $3.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $4.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Afl-Cio Building Investment Trustcollective trust | Great Gray Trust Company | Pooled vehicles | $2.7M held | Disclosed holding | askebsa.dol.gov |
Size and funding
30 readings
Investment management fees
$327,611 (2024-06) · $230,139 (2023-06)
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Jun 30, 2025 | 1,166 | n/a | n/a | n/a | $206M | $3.4M | n/a | n/a |
| 2023 to Jun 30, 2024 | 1,083 | n/a | n/a | n/a | $182M | n/a | n/a | n/a |
| 2022 to Jun 30, 2023 | 1,030 | n/a | n/a | n/a | $160M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Solxsys Administrative Solutions codes 14 50 $84,924 PY2024
- Novara Law Group, PLLC codes 29 50 $75,330 PY2024
- Morgan Stanley Smith Barney LLC codes 50 70 72 $72,500 PY2024
- National Investment Services codes 18 27 28 33 50 51 $64,596 PY2024
- Ancora Advisors codes 19 27 28 33 50 $64,502 PY2024
- United Actuarial Services, Inc. codes 11 17 50 $58,950 PY2024
- Segal Select Insurance Services codes 12 22 23 50 99 $25,160 PY2024
- Bultynck & Co., PLLC codes 10 50 $19,875 PY2024
- Comerica Bank codes 19 21 49 50 59 62 72 $13,748 PY2024
- American Graphics Printing Co. codes 36 50 $11,361 PY2024
- TIC International Corporation codes 10 13 14 15 36 50 99 $10,173 PY2024
- Westend Advisors codes 19 27 28 31 33 50 51 $8,361 PY2024
- Graphic Sciences, Inc. codes 36 50 $5,238 PY2024
- Afl-Cio Building Investment Trust Sched. D C $2.6M PY2024
- NIS High Yield Fund, LLC Sched. D C $677,390 PY2024
- NIS Core Fixed Income Fund, LLC Sched. D C $16.0M PY2024
- NIS Total Absolute Return Fund, LLC Sched. D C $1.4M PY2024
- Newtower Trust Company Multiemploye Sched. D C $3.9M PY2024
- United Actuarial Services, Inc. codes 11 PY2024
- Novara, Tesija & Catenacci, PLLC codes 29 50 $88,822 PY2023
- TIC International Corporation codes 10 13 14 15 36 50 99 $70,172 PY2023
- United Actuarial Services, Inc codes 11 16 17 50 $61,700 PY2023
- National Investment Services codes 18 27 28 33 50 51 $60,593 PY2023
- Ancora Advisors codes 19 27 28 33 50 $55,735 PY2023
- Morgan Stanley Global Operations codes 18 19 27 28 31 33 50 51 $55,000 PY2023
- Solxsys Administrative Solutions codes 14 50 $43,457 PY2023
- Segal Select Insurance Services codes 12 22 23 50 99 $20,982 PY2023
- Bultynck & Co., PLLC codes 10 50 $13,000 PY2023
- Comerica Bank codes 19 21 49 50 59 62 72 $11,249 PY2023
- Westend Advisors codes 19 27 28 31 33 50 51 $10,074 PY2023
- NIS Core Fixed Income Fund, LLC Sched. D C $14.5M PY2023
- NIS High Yield Fund, LLC Sched. D C $680,177 PY2023
- Newtower Trust Company Multiemploye Sched. D C $3.8M PY2023
- Afl-Cio Building Investment Trust Sched. D C $2.5M PY2023
- NIS Total Absolute Return Fund, LLC Sched. D C $1.8M PY2023
- United Actuarial Services, Inc. codes 11 PY2023
- Novara, Tesija & Catenacci, PLLC codes 29 50 $79,061 PY2022
- TIC International Corporation codes 10 13 36 50 99 $66,691 PY2022
- United Actuarial Services, Inc codes 11 50 $65,075 PY2022
- National Investment Services codes 18 27 28 33 50 51 $58,469 PY2022
- Morgan Stanley Global Operations codes 18 27 28 33 50 51 $55,000 PY2022
- Ancora Advisors codes 19 27 28 33 50 $44,852 PY2022
- Segal Select Insurance Services codes 23 50 $21,840 PY2022
- Bultynck & Co., PLLC codes 10 50 $17,500 PY2022
- Comerica Bank codes 19 27 28 33 50 51 $13,755 PY2022
- Westend Advisors codes 19 27 28 33 50 $9,034 PY2022
- NIS Core Fixed Income Fund, LLC Sched. D C $12.3M PY2022
- NIS High Yield Fund, LLC Sched. D C $610,336 PY2022
- NIS Total Absolute Return Fund, LLC Sched. D C $3.2M PY2022
- Newtower Trust Company Multiemploye Sched. D C $4.4M PY2022
- Afl-Cio Building Investment Trust Sched. D C $2.7M PY2022
- United Actuarial Services, Inc. codes 11 PY2022
What changed
9 events
- Jun 30, 2025Assets changedUnited Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan total assets $182M -> $206M (+13.4%, 2024-06-30 to 2025-06-30)
- Dec 31, 2024Manager relationship endedinferenceMorgan Stanley Global Operations no longer appears on United Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Morgan Stanley Smith Barney, LLCaskebsa.dol.gov
- Jul 1, 2024Funded status changedUnited Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan funded ratio 100.4% -> 107.5% (2023-07-01 to 2024-07-01)
- Jul 1, 2024Assets changedUnited Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan plan assets $160M -> $182M (+13.8%, 2023-07-01 to 2024-07-01)
- Jun 30, 2024Assets changedUnited Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan total assets $160M -> $182M (+13.7%, 2023-06-30 to 2024-06-30)
- Dec 31, 2023Manager relationship endedinferenceComerica Bank no longer appears on United Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Comerica Bankaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceUnited Actuarial Services, Inc appears on United Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)with United Actuarial Services, Inc.askebsa.dol.gov
- Jul 1, 2023Funded status changedUnited Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan funded ratio 95.0% -> 100.4% (2022-07-01 to 2023-07-01)
- Jul 1, 2023Assets changedUnited Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan plan assets $144M -> $160M (+10.6%, 2022-07-01 to 2023-07-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 386152409-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.