U.A. Local No. 447 Pension Fund
Taft-Hartley plan, based in Sacramento, California, reporting $274M in assets, for 1,957 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 30 Jun 2025, U.A. Local No. 447 Pension Fund total assets $244M -> $274M (+12.5%, 2024-06-30 to 2025-06-30).
1 more adviser, 1 more manager and 9 more commitments
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- Invesco Balanced-Risk Allocation Tr3 commitments
- Multi-Employer Property Trust3 commitments
- Panagora Group Trust Risk Parity3 commitments
- Invesco Trust Company3 commitments
- NEW Tower Trust Company3 commitments
- Panagora Investment Manager3 commitments
Relationship network
42 connected entities12 observed commitments9 repeat counterparties11 dated commitments shown here, 2023 to 2025
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
- Interest-bearing cash 1.5%
- U.S. Government securities 1.9%
- 103-12 investment entities 7.7%
- Common/collective trusts 18.8%
- Registered investment companies 64.2%
- Real estate (other than employer real property) 5.1%
Consultants and advisers
- Verus Advisory, Inc. Pension consultantInvestment adviser (plan)through Jun 30, 2025 Form 5500
- Merrill Lynch,pierce,fenner & Smith Custodianthrough Jun 30, 2023 Form 5500
- Rael & Letson Actuarythrough Jun 30, 2023 Form 5500
+1 more consultant or adviser advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- Invesco Trust Company3 rows, latest Jun 30, 2025
- NEW Tower Trust Company3 rows, latest Jun 30, 2025
- Panagora Investment Manager3 rows, latest Jun 30, 2025
+1 more manager received commitments
Every name, record and relationship behind this count, with the source on each.
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- Invesco Trust Companyplan years
- Whitestar Advisors, LLCplan years 2024
- Newtower Trust Companyplan years 2023
+1 more Schedule C manager
Every name, record and relationship behind this count, with the source on each.
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What changed
- Jun 30, 2025Assets changedU.A. Local No. 447 Pension Fund total assets $244M -> $274M (+12.5%, 2024-06-30 to 2025-06-30)
- Jul 1, 2024Funded status changedU.A. Local No. 447 Pension Fund funded ratio 111.4% -> 113.6% (2023-07-01 to 2024-07-01)
- Jul 1, 2024Assets changedU.A. Local No. 447 Pension Fund plan assets $218M -> $244M (+11.9%, 2023-07-01 to 2024-07-01)
- Jun 30, 2024Assets changedU.A. Local No. 447 Pension Fund total assets $218M -> $244M (+11.8%, 2023-06-30 to 2024-06-30)
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Jun 30, 2025 | Invesco Balanced-Risk Allocation Trcollective trust | Invesco Trust Company | Multi-asset | $22.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $9.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Panagora Group Trust Risk Parity103 12 ie | Panagora Investment Manager | Hedge / diversifiers | $21.0M held | Disclosed holding | askebsa.dol.gov |
+9 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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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 Jun 30, 2025 | 1,957 | Not disclosed | Not disclosed | n/a | $274M | Not disclosed | Not disclosed | $13.9M |
| 2023 to Jun 30, 2024 | 1,918 | Not disclosed | Not disclosed | n/a | $244M | Not disclosed | Not disclosed | $13.2M |
| 2022 to Jun 30, 2023 | 1,888 | Not disclosed | Not disclosed | n/a | $218M | Not disclosed | Not disclosed | $12.3M |
- Rael & Letson codes 11 17 50 $181,133 PY2024
- Bridgeway Benefit Technologies codes 50 99 $103,123 PY2024
- NEW Tower Trust Company codes 50 51 $82,638 PY2024
+69 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
U.A. Local No. 447 Pension Fund sits on 4 traced paths of capital across the graphs.
DFX traced 4 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Total assets changed2025-06-30source on record
- Funded status changed2024-07-01source on record
- Total assets changed2024-07-01source on record
+1 more change 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
+10 connections on the graph
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