DFX Intelligence

2 more advisers, 5 more commitments and 3 more dated events

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

I.B.E.W. Local Union # 654 - Defined Benefit Pension Plan

Taft-Hartley plan· Mount Laurel, New Jersey

Taft-Hartley plan, based in Mount Laurel, New Jersey, reporting $152M in assets, for 864 participants.

Composed from this allocator's classification, location and filed figures.

As of 2024-12-31 · the latest dated event for this allocator; each figure carries its own filing or report date

Assets: $152M
Funded ratio: 109.5%
Fund commitments: 3
Managers: 4

View relationships Ask DFX about this allocator

Open searches Plans backing its top manager Similar plans, same strategy Commitments (3)Allocation policy Managers

As of 2024-12-31 · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 31 Dec 2024, I.B.E.W. Local Union # 654 - Defined Benefit Pension Plan no longer reports Harding Loevner International Equit (last held $8M at 2023-12-31; absent from the 2024-12-31 filing).

2 more advisers, 5 more commitments and 3 more dated events

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Capital path

who backs this record, through what, into what; each name opens its own path

I.B.E.W. Local Union # 654 - Defined Benefit Pension Plan

Funds committed to

Multi-Employer Property Trust3 commitments
Ibew-Neca Equity Index Fund3 commitments
Harding Loevner International Equit2 commitments

Managers

Relationship network

31 connected entities8 observed commitments6 repeat counterpartiescommitments 2022 to 2024

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.

What stands out

Reading the network

Sponsor
Fund or vehicle
Service provider
Organization

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.

Ask DFX about this network

What stands out

Reading the network

Sponsor
Fund or vehicle
Service provider
Organization

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Ask DFX about this network

Size, funding, policy and commitments, with their basesTaft-Hartley planShow

Taft-Hartley plan

Assets

$152M

Total assets, Dec 31, 2024 reported

Funded

109.5%

Jan 1, 2024

Private markets target

no policy read

policy Dec 31, 2024

Commitments

4 managers on Schedule C

Plan sponsor: Ibew Lu 654 Pension Fund Trustees

Allocation policy

Form 5500, as of Dec 31, 2024

Actual allocation lines without a target (as filed)

Interest-bearing cash 2.4%
Non-interest-bearing cash 0.2%
Corporate debt instruments (other) 33.8%
U.S. Government securities 3.2%
Other investments 0.0%
Partnership/joint venture interests 12.0%
Common/collective trusts 19.7%
Registered investment companies 5.2%
Common stock 22.3%

Consultants and advisers

5 firms

Landmark Equity Advisors, LLC Investment adviser (plan)through Dec 31, 2022 Form 5500
Morgan Stanley Smith Barney Investment adviser (plan)through Dec 31, 2022 Form 5500
The Mckeogh Company Actuarythrough Dec 31, 2022 Form 5500

+2 more consultants and advisers advise this allocator

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

People

No investment staff or executives have been read for this allocator yet.

Manager roster

3 managers on the commitment tape

From the plan’s own commitment disclosures

NEW Tower Trust Company3 rows, latest Dec 31, 2024
Chevy Chase Trust Company3 rows, latest Dec 31, 2024
Harding Loevner LP2 rows, latest Dec 31, 2023

From Schedule C (investment management, code 28)

+10 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

8 events

Dec 31, 2024Holding endedinference
I.B.E.W. Local Union # 654 - Defined Benefit Pension Plan no longer reports Harding Loevner International Equit (last held $8M at 2023-12-31; absent from the 2024-12-31 filing)
with Harding Loevner International Equitaskebsa.dol.gov
Dec 31, 2024Manager relationship endedinference
Goldman Sachs LLC no longer appears on I.B.E.W. Local Union # 654 - Defined Benefit Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
with Goldman Sachs & Co. LLCaskebsa.dol.gov
Dec 31, 2024Manager relationship started
Kohlberg Kravis Roberts & Co. L.P. appears on I.B.E.W. Local Union # 654 - Defined Benefit Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
with Kohlberg, Kravis, Roberts & Co., LPaskebsa.dol.gov
Dec 31, 2024Manager relationship started
Blackstone Alternative Asset Mgmt appears on I.B.E.W. Local Union # 654 - Defined Benefit Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
with Blackstone Alternative Asset Mgmtaskebsa.dol.gov
Dec 31, 2023Manager relationship started
Goldman Sachs LLC appears on I.B.E.W. Local Union # 654 - Defined Benefit Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
with Goldman Sachs & Co. LLCaskebsa.dol.gov

+3 more dated events

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

8 rows, 0 dated closings

Date	Fund	Manager	Bucket	Amount	Status	Source
as of Dec 31, 2024	Multi-Employer Property Trustcollective trust	NEW Tower Trust Company	Real estate	$11.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Ibew-Neca Equity Index Fundcollective trust	Chevy Chase Trust Company	Public equity	$18.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Ibew-Neca Equity Index Fundcollective trust	Chevy Chase Trust Company	Public equity	$22.0M held	Disclosed holding	askebsa.dol.gov

+5 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Size and funding

30 readings

Total assets

$152M Dec 31, 2024 reported Form 5500

$139M (2023-12) · $129M (2022-12)

Plan assets

$139M Jan 1, 2024 reported Form 5500

$129M (2023-01) · $135M (2022-01)

Net assets

$152M Dec 31, 2024 reported Form 5500

$139M (2023-12) · $129M (2022-12)

Funded ratio

109.5% Jan 1, 2024 reported Form 5500

108.9% (2023-01) · 110.3% (2022-01)

Participants

864 Jan 1, 2024 reported Form 5500

865 (2023-01) · 851 (2022-01)

Contributions

$8.4M Dec 31, 2024 reported Form 5500

$8.1M (2023-12) · $7.4M (2022-12)

Benefits paid

$7.6M Dec 31, 2024 reported Form 5500

$7.0M (2023-12) · $6.8M (2022-12)

Net investment income

$12.4M Dec 31, 2024 reported Form 5500

$10.5M (2023-12) · -$6.7M (2022-12)

Investment management fees

$614,093 Dec 31, 2024 reported Form 5500

$486,472 (2023-12) · $601,856 (2022-12)

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 Dec 31, 2024	864	Not disclosed	Not disclosed	n/a	$152M	$18.1M	Not disclosed	Not disclosed
2023 to Dec 31, 2023	865	Not disclosed	Not disclosed	n/a	$139M	$14.2M	Not disclosed	Not disclosed
2022 to Dec 31, 2022	851	Not disclosed	Not disclosed	n/a	$129M	$15.8M	Not disclosed	Not disclosed

Service providers and investment entities as filed (Schedule C and D, latest year first)

Boston Trust & Investment Mgt Co codes 28 51 $107,508 PY2024
Sage Advisory Services, Ltd. Co. codes 28 51 $97,251 PY2024
Wedge Capital Management LLP codes 28 51 68 $89,437 PY2024

+57 more service providers

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Provenance

Identifiers: EIN-PN 236538183-001

Cross-graph: no entry on another DFX graph

First observed Sep 15, 2026, last observed Sep 29, 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.

Record history

8 dated events on the change ledger, latest event first

Holding in a pooled vehicle ended
2024-12-31source on record
Manager relationship started
2024-12-31source on record
Manager relationship ended
2024-12-31source on record

+5 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

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

+19 connections on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.