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.

Corporate pension

Cardone Industries, Inc. Union Employees' Pension Plan

Corporate pensionPhiladelphia, PA
Assets
$22.3M
Total assets, Dec 9, 2024 reported
Funded
83.3%
Dec 10, 2023
Private markets target
n/a
policy Dec 9, 2024
Commitments
2
1 managers on Schedule C
Plan sponsor: Cardone Industries, Inc.
Allocation policy
Form 5500, as of Dec 9, 2024
Actual allocation lines without a target (as filed)
  • Corporate debt instruments (other) 31.6%
  • U.S. Government securities 11.2%
  • Other investments 0.4%
  • Common/collective trusts 49.9%
  • Registered investment companies 4.5%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
2 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 9, 2024DB Growth Portfoliocollective trustWilmington Trust, N.A.Pooled vehicles$11.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 9, 2023DB Growth Portfoliocollective trustGreat Gray Trust Company, LLCPooled vehicles$24.6M heldDisclosed holdingaskebsa.dol.gov
Size and funding
22 readings
Total assets
$22.3M Dec 9, 2024 reported Form 5500
$50.3M (2023-12)
Plan assets
$50.2M Dec 10, 2023 reported Form 5500
$62.9M (2022-12)
Net assets
$22.3M Dec 9, 2024 reported Form 5500
$50.1M (2023-12)
Funded ratio
83.3% Dec 10, 2023 reported Form 5500
84.8% (2022-12)
Funding target
$60.3M Dec 10, 2023 reported Form 5500
$73.3M (2022-12)
Discount rate
5.19% Dec 10, 2023 reported Form 5500
5.41% (2022-12)
Participants
2,853 Dec 10, 2023 reported Form 5500
3,639 (2022-12)
Contributions
$1.9M Dec 9, 2024 reported Form 5500
$1.1M (2023-12)
Benefits paid
$34.1M Dec 9, 2024 reported Form 5500
$17.1M (2023-12)
Net investment income
$-27.9M Dec 9, 2024 reported Form 5500
$-13.9M (2023-12)
Investment management fees
$158,704 Dec 9, 2024 reported Form 5500
$137,757 (2023-12)
Form 5500 filings
2 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2023 to Dec 9, 20242,853$50.2M$60.3M83.3%$22.3Mn/an/an/a
2022 to Dec 9, 20233,639$62.9M$73.3M84.8%$50.3Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
3 events
  • Dec 9, 2024Assets changed
    Cardone Industries, Inc. Union Employees' Pension Plan total assets $50M -> $22M (-55.7%, 2023-12-09 to 2024-12-09)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    MWM Consulting Group Inc appears on Cardone Industries, Inc. Union Employees' Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with MWM Consulting Groupaskebsa.dol.gov
  • Dec 10, 2023Assets changed
    Cardone Industries, Inc. Union Employees' Pension Plan plan assets $63M -> $50M (-20.2%, 2022-12-10 to 2023-12-10)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 233000982-002
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.