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

Sheet Metal Workers Local 7, Zone 2 Pension Plan

Taft-Hartley planLansing, MI
Assets
$121M
Total assets, Dec 31, 2024 reported
Funded
106.5%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
2
none on the tape
Plan sponsor: Joint Board of Trustees Sheet Meta Workers Local 7, Zone 2 Pension
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.6%
  • Corporate debt instruments (other) 12.4%
  • U.S. Government securities 16.2%
  • Common/collective trusts 2.3%
  • Registered investment companies 23.7%
  • Common stock 44.2%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
5 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
2 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2023Short Term Investment Fundcollective trustComerica BankCash$1.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Short Term Investment Fundcollective trustComerica BankCash$1.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$121M Dec 31, 2024 reported Form 5500
$108M (2023-12) · $94.3M (2022-12)
Plan assets
$102M Jan 1, 2024 reported Form 5500
$88.9M (2023-01) · $105M (2022-01)
Net assets
$121M Dec 31, 2024 reported Form 5500
$107M (2023-12) · $93.4M (2022-12)
Funded ratio
106.5% Jan 1, 2024 reported Form 5500
103.6% (2023-01) · 103.9% (2022-01)
Participants
798 Jan 1, 2024 reported Form 5500
771 (2023-01) · 764 (2022-01)
Contributions
$4.9M Dec 31, 2024 reported Form 5500
$4.7M (2023-12) · $4.2M (2022-12)
Benefits paid
$5.8M Dec 31, 2024 reported Form 5500
$5.3M (2023-12) · $5.2M (2022-12)
Net investment income
$14.3M Dec 31, 2024 reported Form 5500
$13.6M (2023-12) · $-17.3M (2022-12)
Investment management fees
$372,707 Dec 31, 2024 reported Form 5500
$327,607 (2023-12) · $337,841 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024798n/an/an/a$121Mn/an/an/a
2023 to Dec 31, 2023771n/an/an/a$108Mn/an/an/a
2022 to Dec 31, 2022764n/an/an/a$94.3Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
6 events
  • Dec 31, 2024Assets changed
    Sheet Metal Workers Local 7, Zone 2 Pension Plan total assets $108M -> $121M (+12.7%, 2023-12-31 to 2024-12-31)
  • Jan 1, 2024Funded status changed
    Sheet Metal Workers Local 7, Zone 2 Pension Plan funded ratio 103.6% -> 106.5% (2023-01-01 to 2024-01-01)
  • Jan 1, 2024Assets changed
    Sheet Metal Workers Local 7, Zone 2 Pension Plan plan assets $89M -> $102M (+14.6%, 2023-01-01 to 2024-01-01)
  • Dec 31, 2023Manager relationship started
    Yousif Capital Management appears on Sheet Metal Workers Local 7, Zone 2 Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Yousif Capital Managementaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Sheet Metal Workers Local 7, Zone 2 Pension Plan total assets $94M -> $108M (+14.4%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Assets changed
    Sheet Metal Workers Local 7, Zone 2 Pension Plan plan assets $105M -> $89M (-15.7%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 381616942-001
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.