Sheet Metal Workers Local 7, Zone 2 Pension Plan
Taft-Hartley plan, based in Lansing, Michigan, reporting $121M in assets, for 798 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Sheet Metal Workers Local 7, Zone 2 Pension Plan total assets $108M -> $121M (+12.7%, 2023-12-31 to 2024-12-31).
1 more dated event
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Short Term Investment Fund2 commitments
Relationship network
15 connected entities2 observed commitments1 repeat counterpartycommitments 2022 to 2023
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesTaft-Hartley planShowHide
Allocation policy
- 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
- Standard Valuation Pension consultantthrough Dec 31, 2022 Form 5500
- Watkins Ross Actuarythrough Dec 31, 2022 Form 5500
- Comerica Bank Custodianthrough Dec 31, 2022 Form 5500
People
Manager roster
- Yousif Capital Managementplan years 2023
- Zacks Investment Managementplan years 2022
- Delta Capital Management, LLCplan years 2022
+2 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
- Dec 31, 2024Assets changedSheet 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 changedSheet Metal Workers Local 7, Zone 2 Pension Plan funded ratio 103.6% -> 106.5% (2023-01-01 to 2024-01-01)
- Jan 1, 2024Assets changedSheet 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 startedYousif 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 changedSheet Metal Workers Local 7, Zone 2 Pension Plan total assets $94M -> $108M (+14.4%, 2022-12-31 to 2023-12-31)
+1 more dated event
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2023 | Short Term Investment Fundcollective trust | Comerica Bank | Cash | $1.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Short Term Investment Fundcollective trust | Comerica Bank | Cash | $1.5M held | Disclosed holding | askebsa.dol.gov |
Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 798 | Not disclosed | Not disclosed | n/a | $121M | Not disclosed | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 771 | Not disclosed | Not disclosed | n/a | $108M | Not disclosed | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 764 | Not disclosed | Not disclosed | n/a | $94.3M | Not disclosed | Not disclosed | Not disclosed |
- Zacks Capital Management codes 28 51 $165,315 PY2024
- Watkins Ross & Company codes 11 50 $130,623 PY2024
- Munder Capital Management codes 28 51 $80,569 PY2024
+34 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Not yet on record: managers.
Record history
- Total assets changed2024-12-31source on record
- Funded status changed2024-01-01source on record
- Total assets changed2024-01-01source on record
+3 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+9 connections on the graph
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