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 Union No. 80 Pension Fund

Taft-Hartley planTroy, MI
Assets
$422M
Total assets, May 31, 2025 reported
Funded
95.9%
Jun 1, 2024
Private markets target
n/a
policy May 31, 2025
Commitments
0
1 managers on Schedule C
Plan sponsor: Trustees of Sheet Metal Workers Local Union No. 80 Pension Fund
Allocation policy
Form 5500, as of May 31, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 2.1%
  • Non-interest-bearing cash 0.9%
  • Corporate debt instruments (other) 8.5%
  • U.S. Government securities 10.3%
  • Other investments 1.9%
  • Partnership/joint venture interests 3.0%
  • Registered investment companies 8.6%
  • Common stock 64.0%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
12 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
30 readings
Total assets
$422M May 31, 2025 reported Form 5500
$393M (2024-05) · $346M (2023-05)
Plan assets
$392M Jun 1, 2024 reported Form 5500
$345M (2023-06) · $352M (2022-06)
Net assets
$418M May 31, 2025 reported Form 5500
$392M (2024-05) · $345M (2023-05)
Funded ratio
95.9% Jun 1, 2024 reported Form 5500
93.7% (2023-06) · 93.8% (2022-06)
Participants
3,091 Jun 1, 2024 reported Form 5500
3,283 (2023-06) · 3,122 (2022-06)
Contributions
$26.3M May 31, 2025 reported Form 5500
$28.3M (2024-05) · $23.3M (2023-05)
Benefits paid
$33.5M May 31, 2025 reported Form 5500
$33.3M (2024-05) · $32.9M (2023-05)
Net investment income
$25.8M May 31, 2025 reported Form 5500
$47.2M (2024-05) · $-6.3M (2023-05)
Investment management fees
$1.6M May 31, 2025 reported Form 5500
$1.8M (2024-05) · $1.5M (2023-05)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to May 31, 20253,091n/an/an/a$422M$12.6Mn/an/a
2023 to May 31, 20243,283n/an/an/a$393Mn/an/an/a
2022 to May 31, 20233,122n/an/an/a$346Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
4 events
  • Dec 31, 2024Manager relationship started
    JP Morgan appears on Sheet Metal Workers Local Union No. 80 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with JP Morganaskebsa.dol.gov
  • Jun 1, 2024Funded status changed
    Sheet Metal Workers Local Union No. 80 Pension Fund funded ratio 93.7% -> 95.9% (2023-06-01 to 2024-06-01)
  • Jun 1, 2024Assets changed
    Sheet Metal Workers Local Union No. 80 Pension Fund plan assets $345M -> $392M (+13.7%, 2023-06-01 to 2024-06-01)
  • May 31, 2024Assets changed
    Sheet Metal Workers Local Union No. 80 Pension Fund total assets $346M -> $393M (+13.7%, 2023-05-31 to 2024-05-31)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 386105633-001
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.