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 No. 32 - Neca Pension Plan

Taft-Hartley planLansing, MI
Assets
$41.0M
Total assets, Dec 31, 2024 reported
Funded
93.3%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
12
1 managers on Schedule C
Plan sponsor: Board of Trustees of the Ibew Local No. 32 - Neca Pension Plan
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.6%
  • Non-interest-bearing cash 2.0%
  • 103-12 investment entities 4.1%
  • Common/collective trusts 42.5%
  • Registered investment companies 45.5%
  • Real estate (other than employer real property) 4.5%
Consultants and advisers
8 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
12 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Afl-Cio Housing Investment Trustcollective trustAfl-Cio Housing InvPooled vehicles$4.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ibew-Neca Equity Index Fundcollective trustChevy Chase Trust CompanyPublic equity$11.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$1.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$1.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Afl-Cio Housing Investment Trustcollective trustAfl-Cio Housing InvPooled vehicles$3.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ibew-Neca Equity Index Fundcollective trustChevy Chase Trust CompanyPublic equity$10.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$1.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Afl-Cio Housing Investment Trustcollective trustAfl-Cio Housing InvPooled vehicles$3.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ibew-Neca Equity Index Fundcollective trustChevy Chase Trust CompanyPublic equity$8.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$1.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$1.9M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$41.0M Dec 31, 2024 reported Form 5500
$36.0M (2023-12) · $33.0M (2022-12)
Plan assets
$35.8M Jan 1, 2024 reported Form 5500
$32.7M (2023-01) · $38.0M (2022-01)
Net assets
$40.8M Dec 31, 2024 reported Form 5500
$35.8M (2023-12) · $32.7M (2022-12)
Funded ratio
93.3% Jan 1, 2024 reported Form 5500
93.4% (2023-01) · 91.9% (2022-01)
Participants
483 Jan 1, 2024 reported Form 5500
464 (2023-01) · 443 (2022-01)
Contributions
$2.6M Dec 31, 2024 reported Form 5500
$1.7M (2023-12) · $1.9M (2022-12)
Benefits paid
$2.0M Dec 31, 2024 reported Form 5500
$2.1M (2023-12) · $1.9M (2022-12)
Net investment income
$5.0M Dec 31, 2024 reported Form 5500
$3.1M (2023-12) · $-5.3M (2022-12)
Investment management fees
$80,088 Dec 31, 2024 reported Form 5500
$85,184 (2023-12) · $86,443 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024483n/an/an/a$41.0Mn/an/a$1.8M
2023 to Dec 31, 2023464n/an/an/a$36.0Mn/an/a$1.8M
2022 to Dec 31, 2022443n/an/an/a$33.0Mn/an/a$2.1M
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
6 events
  • Dec 31, 2024Consultant changedinference
    Andco Consulting no longer appears on Ibew Local No. 32 - Neca Pension Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
    with Mariner (andco)askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Chevy Chase Trust no longer appears on Ibew Local No. 32 - Neca Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Chevy Chase Trustaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Mariner Wealth Advisors appears on Ibew Local No. 32 - Neca Pension Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
    with Mariner Wealth Advisorsaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    ASB Capital Management appears on Ibew Local No. 32 - Neca Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with ASB Capital Management LLCaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    Ibew Local No. 32 - Neca Pension Plan total assets $36M -> $41M (+13.6%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Ibew Local No. 32 - Neca Pension Plan plan assets $38M -> $33M (-13.9%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 316152294-001
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.