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

Michigan Electrical Employees' Pension Plan

Taft-Hartley planMadison Heights, MI
Assets
$545M
Total assets, Dec 31, 2024 reported
Funded
96.8%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
3
2 managers on Schedule C
Plan sponsor: Trustees of Michigan Electrical Employees' Pension Fund
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 1.2%
  • Non-interest-bearing cash 0.9%
  • Corporate debt instruments (other) 0.8%
  • U.S. Government securities 2.0%
  • Other investments 2.5%
  • Partnership/joint venture interests 13.4%
  • Common/collective trusts 8.3%
  • Registered investment companies 23.7%
  • Common stock 46.3%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
15 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
3 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Earnest Partners International Fundcollective trustSEI Trust CompanyPooled vehicles$45.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Earnest Partners International Fundcollective trustSEI Trust CompanyPooled vehicles$42.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Earnest Partners International Fundcollective trustSEI Trust CompanyPooled vehicles$37.3M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$545M Dec 31, 2024 reported Form 5500
$501M (2023-12) · $441M (2022-12)
Plan assets
$498M Jan 1, 2024 reported Form 5500
$441M (2023-01) · $530M (2022-01)
Net assets
$543M Dec 31, 2024 reported Form 5500
$498M (2023-12) · $441M (2022-12)
Funded ratio
96.8% Jan 1, 2024 reported Form 5500
94.8% (2023-01) · 95.0% (2022-01)
Participants
5,570 Jan 1, 2024 reported Form 5500
5,104 (2023-01) · 5,100 (2022-01)
Contributions
$30.7M Dec 31, 2024 reported Form 5500
$24.6M (2023-12) · $21.6M (2022-12)
Benefits paid
$35.0M Dec 31, 2024 reported Form 5500
$33.6M (2023-12) · $30.6M (2022-12)
Net investment income
$45.2M Dec 31, 2024 reported Form 5500
$57.5M (2023-12) · $-88.9M (2022-12)
Investment management fees
$2.1M Dec 31, 2024 reported Form 5500
$2.0M (2023-12) · $2.0M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20245,570n/an/an/a$545M$73.1Mn/an/a
2023 to Dec 31, 20235,104n/an/an/a$501M$69.5Mn/an/a
2022 to Dec 31, 20225,100n/an/an/a$441M$61.6Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
5 events
  • Dec 31, 2024Manager relationship started
    Franklin Templeton Private appears on Michigan Electrical Employees' Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Franklin Templeton Privateaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Michigan Electrical Employees' Pension Plan funded ratio 94.8% -> 96.8% (2023-01-01 to 2024-01-01)
  • Jan 1, 2024Assets changed
    Michigan Electrical Employees' Pension Plan plan assets $441M -> $498M (+13.1%, 2023-01-01 to 2024-01-01)
  • Dec 31, 2023Assets changed
    Michigan Electrical Employees' Pension Plan total assets $441M -> $501M (+13.5%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Assets changed
    Michigan Electrical Employees' Pension Plan plan assets $530M -> $441M (-16.8%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 386233977-001
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.