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

Ibew Local 716 Pension Plan

Taft-Hartley planHouston, TX
Assets
$221M
Total assets, Dec 31, 2024 reported
Funded
127.5%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
2
none on the tape
Plan sponsor: Board of Trustees of Ibew Local 716 Pension Plan
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.2%
  • Non-interest-bearing cash 0.2%
  • Pooled separate accounts 3.5%
  • Registered investment companies 86.8%
  • Real estate (other than employer real property) 8.7%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on the commitment tape
From the plan’s own commitment disclosures
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 31, 2024Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$7.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$8.4M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$221M Dec 31, 2024 reported Form 5500
$201M (2023-12) · $177M (2022-12)
Plan assets
$201M Jan 1, 2024 reported Form 5500
$177M (2023-01) · $208M (2022-01)
Net assets
$221M Dec 31, 2024 reported Form 5500
$201M (2023-12) · $177M (2022-12)
Funded ratio
127.5% Jan 1, 2024 reported Form 5500
125.6% (2023-01) · 125.1% (2022-01)
Participants
5,363 Jan 1, 2024 reported Form 5500
5,292 (2023-01) · 5,578 (2022-01)
Contributions
$4.9M Dec 31, 2024 reported Form 5500
$5.3M (2023-12) · $5.7M (2022-12)
Benefits paid
$8.3M Dec 31, 2024 reported Form 5500
$8.1M (2023-12) · $7.4M (2022-12)
Net investment income
$20.2M Dec 31, 2024 reported Form 5500
$24.0M (2023-12) · $-31.5M (2022-12)
Investment management fees
$567,855 Dec 31, 2024 reported Form 5500
$647,844 (2023-12) · $717,412 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20245,363n/an/an/a$221Mn/an/a$19.3M
2023 to Dec 31, 20235,292n/an/an/a$201Mn/an/a$28.2M
2022 to Dec 31, 20225,578n/an/an/a$177Mn/an/a$36.2M
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Benefit Resources, Inc. codes 14 50 $210,753 PY2024
  • HGK Trinity codes 28 50 $204,197 PY2024
  • Ullico codes 28 50 $92,342 PY2024
  • Loomis codes 28 50 $72,004 PY2024
  • Voya codes 28 50 $68,685 PY2024
  • The Segal Co codes 11 50 $67,548 PY2024
  • Segal Marco codes 27 50 $65,000 PY2024
  • Neca Se codes 15 50 $24,047 PY2024
  • PAT Flynn codes 29 50 $22,827 PY2024
  • Edwards and Leathers, P.C. codes 10 50 $17,500 PY2024
  • Prin U.S. Property Sa-Pg12 Sched. D P $7.6M PY2024
  • Segal codes 11 PY2024
  • Benefit Resources, Inc. codes 14 50 $214,199 PY2023
  • HGK Trinity codes 28 50 $168,925 PY2023
  • Ullico codes 28 50 $91,092 PY2023
  • The Segal Co codes 11 50 $90,830 PY2023
  • Voya codes 28 50 $70,673 PY2023
  • Segal Marco codes 27 50 $65,000 PY2023
  • Loomis codes 28 50 $32,942 PY2023
  • Neca Se codes 15 50 $32,389 PY2023
  • PAT Flynn codes 29 50 $20,935 PY2023
  • Edwards and Leathers, P.C. codes 10 50 $20,656 PY2023
  • Prin U.S. Property Sa-Pg12 Sched. D P $8.4M PY2023
  • Segal codes 11 PY2023
  • Benefit Resources, Inc. codes 14 50 $210,750 PY2022
  • HGK Trinity codes 28 50 $164,963 PY2022
  • Voya codes 28 50 $77,143 PY2022
  • Segal Marco codes 27 50 $65,000 PY2022
  • The Segal Co codes 11 50 $58,084 PY2022
  • Neca Se codes 15 50 $27,537 PY2022
  • Edwards and Leathers, P.C. codes 10 50 $21,333 PY2022
  • PAT Flynn codes 29 50 $17,801 PY2022
  • Loomis codes 28 50 $10,767 PY2022
  • Ullico codes 28 50 $9,890 PY2022
  • Principal Life codes 28 50 $9,551 PY2022
  • Segal Consulting codes 11 PY2022
What changed
5 events
  • Dec 31, 2024Assets changed
    Ibew Local 716 Pension Plan total assets $201M -> $221M (+10.1%, 2023-12-31 to 2024-12-31)
  • Jan 1, 2024Assets changed
    Ibew Local 716 Pension Plan plan assets $177M -> $201M (+13.6%, 2023-01-01 to 2024-01-01)
  • Dec 31, 2023Manager relationship endedinference
    Principal Life no longer appears on Ibew Local 716 Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Principal Lifeaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Ibew Local 716 Pension Plan total assets $177M -> $201M (+13.6%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Assets changed
    Ibew Local 716 Pension Plan plan assets $208M -> $177M (-15.1%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 746174676-001
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.