National Electrical Benefit Fund
Taft-Hartley plan, based in Rockville, Maryland, reporting $23B in assets, for 693,723 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2025, Pinnacle Economics no longer appears on National Electrical Benefit Fund's Schedule C as general consultant (plan year 2025 vs 2024).
26 more advisers, 3 more managers, 13 more commitments and 23 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Ibew-Neca Equity Index Fund3 commitments
- Longview Broad Market 3000 Index Fu3 commitments
- Separate Account J3 commitments
- Chevy Chase Trust Company3 commitments
- Amalgamated Bank3 commitments
- Ullico Investment Advisors, Inc.3 commitments
Relationship network
132 connected entities16 observed commitments10 repeat counterparties13 dated commitments shown here, 2023 to 2025
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesTaft-Hartley planShowHide
Allocation policy
- Interest-bearing cash 0.4%
- Corporate debt instruments (other) 7.2%
- Corporate debt instruments (preferred) 4.4%
- U.S. Government securities 7.0%
- Other investments 5.7%
- Other loans 0.4%
- Partnership/joint venture interests 14.9%
- 103-12 investment entities 1.1%
- Common/collective trusts 34.4%
- Pooled separate accounts 1.5%
- Registered investment companies 2.3%
- Common stock 14.2%
- Preferred stock 0.1%
- Real estate (other than employer real property) 3.4%
Consultants and advisers
- Invario Network Engineers General consultantthrough Dec 31, 2025 Form 5500
- Starquest Technologies Inc General consultantthrough Dec 31, 2025 Form 5500
- Sovos General consultantthrough Dec 31, 2025 Form 5500
+26 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
People
Manager roster
- Chevy Chase Trust Company3 rows, latest Dec 31, 2025
- Amalgamated Bank3 rows, latest Dec 31, 2025
- Ullico Investment Advisors, Inc.3 rows, latest Dec 31, 2025
+3 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
- Chevy Chase Trust Companyplan years
- Chevy Chaseplan years
- Sierra Investment Partners Inc.plan years 2025
+20 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
- Dec 31, 2025Manager relationship endedinferenceHouse Hanover LLC no longer appears on National Electrical Benefit Fund's Schedule C as investment manager (plan year 2025 vs 2024)with House Hanover LLCaskebsa.dol.gov
- Dec 31, 2025Consultant changedinferencePinnacle Economics no longer appears on National Electrical Benefit Fund's Schedule C as general consultant (plan year 2025 vs 2024)with Pinnacle Economicsaskebsa.dol.gov
- Dec 31, 2025Consultant changedinferenceChris Williams no longer appears on National Electrical Benefit Fund's Schedule C as general consultant (plan year 2025 vs 2024)with Chris Williamsaskebsa.dol.gov
- Dec 31, 2025Consultant changedinferenceCertilman Balin no longer appears on National Electrical Benefit Fund's Schedule C as general consultant (plan year 2025 vs 2024)with Certilman Balinaskebsa.dol.gov
- Dec 31, 2025Manager relationship endedinferenceParametric Clifton no longer appears on National Electrical Benefit Fund's Schedule C as investment manager (plan year 2025 vs 2024)with Parametric Portfolio Associatesaskebsa.dol.gov
+23 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2025 | Ibew-Neca Equity Index Fundcollective trust | Chevy Chase Trust Company | Public equity | $7.1B held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2025 | Longview Broad Market 3000 Index Fucollective trust | Amalgamated Bank | Pooled vehicles | $633M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2025 | Separate Account Jseparate account | Ullico Investment Advisors, Inc. | Pooled vehicles | $346M held | Disclosed holding | askebsa.dol.gov |
+13 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2025 to Dec 31, 2025 | 693,723 | Not disclosed | Not disclosed | n/a | $23B | $3.3B | Not disclosed | $763M |
| 2024 to Dec 31, 2024 | 671,575 | Not disclosed | Not disclosed | n/a | $20B | $3.1B | Not disclosed | $808M |
| 2023 to Dec 31, 2023 | 655,103 | Not disclosed | Not disclosed | n/a | $19B | $2.9B | Not disclosed | $1.0B |
- National Real Estate Advisors codes 28 51 $20.6M PY2025
- Administrative Staff codes 30 50 $9.7M PY2025
- RCP Advisors 2, LLC codes 28 51 $3.2M PY2025
+247 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
National Electrical Benefit Fund sits on 125 traced paths of capital across the graphs.
DFX traced 125 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Consultant changed2025-12-31source on record
- Consultant changed2025-12-31source on record
- Consultant changed2025-12-31source on record
+25 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+63 connections on the graph
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