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

Northern California Pipe Trades Pension Plan

Taft-Hartley planConcord, CA
Assets
$1.1B
Total assets, Dec 31, 2024 reported
Funded
128.0%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
15
2 managers on Schedule C
Plan sponsor: Board of Trustees Northern Cali. Pipe Trades Pension Trust
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.8%
  • Non-interest-bearing cash 0.6%
  • Corporate debt instruments (preferred) 2.2%
  • U.S. Government securities 9.7%
  • Other investments 0.3%
  • Partnership/joint venture interests 6.9%
  • 103-12 investment entities 7.5%
  • Common/collective trusts 14.6%
  • Pooled separate accounts 2.1%
  • Registered investment companies 39.5%
  • Common stock 15.4%
Consultants and advisers
6 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
7 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
15 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$78.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$30.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$24.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym Mellon Afl-Cio Sl Stock Indexcollective trustBNY MellonPublic equity$89.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Pacific Asset Management Bank Loan103 12 ieSUP Pacific Fd Bk LnPrivate credit$55.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$81.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Voya Senior Loan Trust Fundcollective trustVoya Investment Trust Co.Private credit$55.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$28.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$23.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Bnym Mellon Afl-Cio Sl Stock Indexcollective trustBNY MellonPublic equity$69.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$98.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022ASB Labor Equity Index Fundcollective trustAfl-Cio Equity FundPublic equity$63.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Voya Senior Loan Trust Fundcollective trustVoya Investment Trust Co.Private credit$49.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$27.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$22.1M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$1.1B Dec 31, 2024 reported Form 5500
$1.0B (2023-12) · $941M (2022-12)
Plan assets
$1.0B Jan 1, 2024 reported Form 5500
$915M (2023-01) · $1.0B (2022-01)
Net assets
$1.1B Dec 31, 2024 reported Form 5500
$1.0B (2023-12) · $915M (2022-12)
Funded ratio
128.0% Jan 1, 2024 reported Form 5500
119.4% (2023-01) · 140.2% (2022-01)
Participants
4,458 Jan 1, 2024 reported Form 5500
4,581 (2023-01) · 4,495 (2022-01)
Contributions
$54.9M Dec 31, 2024 reported Form 5500
$59.0M (2023-12) · $52.3M (2022-12)
Benefits paid
$42.7M Dec 31, 2024 reported Form 5500
$37.4M (2023-12) · $36.6M (2022-12)
Net investment income
$91.4M Dec 31, 2024 reported Form 5500
$119M (2023-12) · $-110M (2022-12)
Investment management fees
$3.2M Dec 31, 2024 reported Form 5500
$3.2M (2023-12) · $2.7M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20244,458n/an/an/a$1.1B$79.5Mn/an/a
2023 to Dec 31, 20234,581n/an/an/a$1.0B$77.9Mn/an/a
2022 to Dec 31, 20224,495n/an/an/a$941M$76.8Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
16 events
  • Dec 31, 2024Holding endedinference
    Northern California Pipe Trades Pension Plan no longer reports Voya Senior Loan Trust Fund (Voya Investment Trust Co.) (last held $55M at 2023-12-31; absent from the 2024-12-31 filing)
    with Voya Investment Trust Co.askebsa.dol.gov
  • Dec 31, 2024Holding started
    Northern California Pipe Trades Pension Plan first reports an interest in Pacific Asset Management Bank Loan (SUP Pacific Fd Bk Ln): $56M at 2024-12-31
    with SUP Pacific Fd Bk Lnaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Aristotle Pacific Capital, LLC appears on Northern California Pipe Trades Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Aristotle Pacific Capital, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    The Vanguard Group, Inc. appears on Northern California Pipe Trades Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with The Vanguard Groupaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Northern California Pipe Trades Pension Plan funded ratio 119.4% -> 128.0% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2024Assets changed
    Northern California Pipe Trades Pension Plan plan assets $915M -> $1.0B (+13.0%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Northern California Pipe Trades Pension Plan no longer reports ASB Labor Equity Index Fund (Afl-Cio Equity Fund) (last held $63M at 2022-12-31; absent from the 2023-12-31 filing)
    with Afl-Cio Equity Fundaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Northern California Pipe Trades Pension Plan first reports an interest in Bnym Mellon Afl-Cio Sl Stock Index (BNY Mellon): $70M at 2023-12-31
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Kaufmann & Goble no longer appears on Northern California Pipe Trades Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Nwpsaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Ullico Investment Advisors Inc. no longer appears on Northern California Pipe Trades Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Ullico Investment Advisors, Inc.askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Northwest Plan Services appears on Northern California Pipe Trades Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Nwpsaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Dodge & Cox appears on Northern California Pipe Trades Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Dodge & Coxaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    The Union Labor Life Insurance Comp appears on Northern California Pipe Trades Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Union Labor Life Insurance Companyaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Northern California Pipe Trades Pension Plan total assets $941M -> $1.0B (+11.2%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Northern California Pipe Trades Pension Plan funded ratio 140.2% -> 119.4% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Northern California Pipe Trades Pension Plan plan assets $1.0B -> $915M (-10.7%, 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 943190386-001
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.