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

Heating, Piping and Refrigeration Pension Fd Pension Fund

Taft-Hartley planCapitol Heights, MD
Assets
$1.4B
Total assets, Aug 31, 2025 reported
Funded
123.0%
Sep 1, 2024
Private markets target
n/a
policy Aug 31, 2025
Commitments
18
1 managers on Schedule C
Plan sponsor: BD of Tees Heating, Piping & Refrigeration Pension Fund
Allocation policy
Form 5500, as of Aug 31, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 1.8%
  • Corporate debt instruments (preferred) 6.2%
  • U.S. Government securities 9.7%
  • Other investments 0.6%
  • Partnership/joint venture interests 16.8%
  • Common/collective trusts 33.6%
  • Registered investment companies 7.7%
  • Common stock 20.4%
  • Real estate (other than employer real property) 0.2%
Consultants and advisers
6 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
5 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
18 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Aug 31, 2025Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$36.1M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2025LS Core Plus Full Discretion Trustcollective trustLoomis SaylesFixed income$169M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2025Earnest Partners Multi Invest Trustcollective trustEarnest PartnersPooled vehicles$73.9M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2025ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$36.1M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2025Jpmcb Strategic Property Fundcollective trustJpmorgan Chase Bank, N.A.Real estate$14.9M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2025Longview Broad Market 3000 Index Fucollective trustAmalgamated BankPooled vehicles$129M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$35.4M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2024LS Core Plus Full Discretion Trustcollective trustLoomis SaylesFixed income$134M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2024Earnest Partners Multi Invest Trustcollective trustEarnest PartnersPooled vehicles$62.4M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2024ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$36.8M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2024Jpmcb Strategic Property Fundcollective trustJpmorgan Chase Bank, N.A.Real estate$15.5M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2024Longview Broad Market 3000 Index Fucollective trustAmalgamated BankPooled vehicles$111M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$40.7M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2023LS Core Plus Full Discretion Trustcollective trustLoomis SaylesFixed income$127M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2023Earnest Partners Multi Invest Trustcollective trustEarnest PartnersPooled vehicles$54.3M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2023ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$48.4M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2023Jpmcb Strategic Property Fundcollective trustJpmorgan Chase Bank, N.A.Real estate$20.6M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2023Longview Broad Market 3000 Index Fucollective trustAmalgamated BankPooled vehicles$106M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$1.4B Aug 31, 2025 reported Form 5500
$1.2B (2024-08) · $1.1B (2023-08)
Plan assets
$1.2B Sep 1, 2024 reported Form 5500
$1.1B (2023-09) · $997M (2022-09)
Net assets
$1.4B Aug 31, 2025 reported Form 5500
$1.2B (2024-08) · $1.1B (2023-08)
Funded ratio
123.0% Sep 1, 2024 reported Form 5500
122.3% (2023-09) · 121.4% (2022-09)
Participants
7,015 Sep 1, 2024 reported Form 5500
6,525 (2023-09) · 6,291 (2022-09)
Contributions
$69.5M Aug 31, 2025 reported Form 5500
$61.9M (2024-08) · $58.2M (2023-08)
Benefits paid
$57.1M Aug 31, 2025 reported Form 5500
$48.2M (2024-08) · $50.3M (2023-08)
Net investment income
$135M Aug 31, 2025 reported Form 5500
$151M (2024-08) · $77.9M (2023-08)
Investment management fees
$5.5M Aug 31, 2025 reported Form 5500
$6.2M (2024-08) · $6.8M (2023-08)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Aug 31, 20257,015n/an/an/a$1.4B$230Mn/a$2.6M
2023 to Aug 31, 20246,525n/an/an/a$1.2B$263Mn/a$2.4M
2022 to Aug 31, 20236,291n/an/an/a$1.1B$232Mn/a$2.4M
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
4 events
  • Aug 31, 2025Assets changed
    Heating, Piping and Refrigeration Pension Fd Pension Fund total assets $1.2B -> $1.4B (+11.1%, 2024-08-31 to 2025-08-31)
    askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Pacific Investment Management Comp no longer appears on Heating, Piping and Refrigeration Pension Fd Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Pacific Investment Management Compaskebsa.dol.gov
  • Sep 1, 2024Assets changed
    Heating, Piping and Refrigeration Pension Fd Pension Fund plan assets $1.1B -> $1.2B (+14.0%, 2023-09-01 to 2024-09-01)
    askebsa.dol.gov
  • Aug 31, 2024Assets changed
    Heating, Piping and Refrigeration Pension Fd Pension Fund total assets $1.1B -> $1.2B (+14.1%, 2023-08-31 to 2024-08-31)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 521058013-001
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.