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
Plumbers & Pipefitters Lu 421 Pension Fund Trust
Taft-Hartley planPembroke Pines, FL
Assets
$124M
Total assets, Aug 31, 2025 reported
Funded
161.3%
Sep 1, 2024
Private markets target
n/a
policy Aug 31, 2025
Commitments
9
none on the tape
Plan sponsor: Trustees of Plumbers & Pipefitters Lu 421 Pension Fund Trust
Allocation policy
Form 5500, as of Aug 31, 2025
Actual allocation lines without a target (as filed)
- Interest-bearing cash 3.2%
- Non-interest-bearing cash 1.3%
- Corporate debt instruments (other) 14.2%
- U.S. Government securities 15.9%
- Other investments 0.1%
- Partnership/joint venture interests 13.3%
- Common/collective trusts 50.8%
Consultants and advisers
4 firms
- Investment Performance Services General consultantthrough Aug 31, 2025 Form 5500
- Wedge Capital Investment adviser (plan)through Aug 31, 2025 Form 5500
- Atlanta Capital Management Co., LLC Investment adviser (plan)through Aug 31, 2025 Form 5500
- Horizon Actuarial Services Actuarythrough Aug 31, 2023 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on the commitment tape
From the plan’s own commitment disclosures
- NEW Tower Trust Company3 rows, latest Aug 31, 2025
- Amalgamated Bank of New York3 rows, latest Aug 31, 2025
From Schedule C (investment management, code 28)
- Newtower Trust Companyplan years 2024
- Wedge Capital Management LLPplan years 2023
- US Reifplan years 2023
- Gamco Asset Management, Inc.plan years 2023
- Atlanta Capital Management Co., LLCplan years 2023
- NEW Tower Trust Companyplan years 2023
- BNY Mellonplan years 2023
Commitments
9 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Aug 31, 2025 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $7.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Aug 31, 2025 | Longview Intl Value Equitycollective trust | Amalgamated Bank of New York | Public equity | $11.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Aug 31, 2025 | Northern Trust Russell 100 Growth Icollective trust | Northern Trust Bank | Pooled vehicles | $44.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Aug 31, 2024 | Northern Trust Russell 100 Growth Icollective trust | Northern Trust Bank | Pooled vehicles | $8.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Aug 31, 2024 | Longview Intl Value Equitycollective trust | Amalgamated Bank of New York | Public equity | $9.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Aug 31, 2024 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $7.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Aug 31, 2023 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $8.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Aug 31, 2023 | Longview Intl Value Equitycollective trust | Amalgamated Bank of New York | Public equity | $13.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Aug 31, 2023 | Northern Trust Russell 100 Growth Icollective trust | Northern Trust Bank | Pooled vehicles | $6.8M held | Disclosed holding | askebsa.dol.gov |
Size and funding
30 readings
Investment management fees
$631,706 (2024-08) · $678,721 (2023-08)
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Aug 31, 2025 | 1,460 | n/a | n/a | n/a | $124M | $16.4M | n/a | n/a |
| 2023 to Aug 31, 2024 | 1,451 | n/a | n/a | n/a | $110M | $15.6M | n/a | n/a |
| 2022 to Aug 31, 2023 | 1,428 | n/a | n/a | n/a | $96.7M | $7.4M | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- National Employee Benefit Admin codes 13 50 $173,561 PY2024
- Atlanta Capital Management Co. codes 27 28 50 $92,510 PY2024
- Horizon Actuarial Services, LLC codes 11 50 $63,791 PY2024
- Standard Valuations Inc. codes 34 50 $55,000 PY2024
- Lapadula Carlson & Co codes 10 50 $51,113 PY2024
- Investment Performance Services codes 16 27 50 $34,015 PY2024
- Wedge Capital Management LLP codes 27 28 50 $33,966 PY2024
- Arnall Golden Gregory LLP codes 23 50 $14,814 PY2024
- Multi-Employer Property Trust Sched. D C $7.5M PY2024
- Hardman Johnston Intl Equity Group Sched. D C $11.1M PY2024
- Northern Trust Russell 100 Growth I Sched. D C $44.3M PY2024
- Horizon Actuarial Services, LLC codes 11 PY2024
- Investment Performance Service codes 20 50 $192,636 PY2023
- National Employee Benefit Admin codes 13 50 $117,885 PY2023
- Newtower Trust Company codes 28 51 $70,467 PY2023
- Lapadula Carlson & Co codes 10 50 $59,534 PY2023
- Horizon Actuarial Services, LLC codes 11 50 $50,197 PY2023
- Arnall Golden Gregory LLP codes 29 50 PY2023
- Hardman Johnston Intl Equity Group Sched. D C $9.0M PY2023
- Northern Trust Russell 100 Growth I Sched. D C $8.9M PY2023
- Multi-Employer Property Trust Sched. D C $7.6M PY2023
- Horizon Actuarial Services, LLC codes 11 PY2023
- Investment Performance Service codes 20 50 $175,692 PY2022
- Gamco Asset Management codes 28 51 $164,553 PY2022
- Atlanta Capital Management codes 28 51 $119,883 PY2022
- National Employee Benefit Admin codes 13 50 $118,239 PY2022
- BNY Mellon codes 28 51 $90,420 PY2022
- Newtower Trust Company codes 28 51 $80,867 PY2022
- Horizon Actuarial Services, LLC codes 11 50 $61,470 PY2022
- US Reif codes 28 51 $58,014 PY2022
- Lapadula Carlson & Co codes 10 50 $52,918 PY2022
- Arnall Golden Gregory LLP codes 29 50 $34,843 PY2022
- Wedge Capital Management codes 28 51 $12,246 PY2022
- Multi-Employer Property Trust Sched. D C $8.8M PY2022
- Hardman Johnston Intl Equity Group Sched. D C $13.3M PY2022
- Northern Trust Russell 100 Growth I Sched. D C $6.8M PY2022
- Horizon Actuarial Services, LLC codes 11 PY2022
What changed
13 events
- Aug 31, 2025Assets changedPlumbers & Pipefitters Lu 421 Pension Fund Trust total assets $110M -> $124M (+12.8%, 2024-08-31 to 2025-08-31)
- Dec 31, 2024Manager relationship startedAtlanta Capital Management Co. appears on Plumbers & Pipefitters Lu 421 Pension Fund Trust's Schedule C as investment manager (plan year 2024 vs 2023)with Atlanta Capital Management Co., LLCaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceNewtower Trust Company no longer appears on Plumbers & Pipefitters Lu 421 Pension Fund Trust's Schedule C as investment manager (plan year 2024 vs 2023)with Newtower Trust Companyaskebsa.dol.gov
- Dec 31, 2024Consultant changedinferenceInvestment Performance Services appears on Plumbers & Pipefitters Lu 421 Pension Fund Trust's Schedule C as general consultant (plan year 2024 vs 2023)with Investment Performance Servicesaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedWedge Capital Management LLP appears on Plumbers & Pipefitters Lu 421 Pension Fund Trust's Schedule C as investment manager (plan year 2024 vs 2023)with Wedge Capitalaskebsa.dol.gov
- Sep 1, 2024Assets changedPlumbers & Pipefitters Lu 421 Pension Fund Trust plan assets $96M -> $110M (+13.6%, 2023-09-01 to 2024-09-01)
- Aug 31, 2024Assets changedPlumbers & Pipefitters Lu 421 Pension Fund Trust total assets $97M -> $110M (+13.7%, 2023-08-31 to 2024-08-31)
- Dec 31, 2023Manager relationship endedinferenceBNY Mellon no longer appears on Plumbers & Pipefitters Lu 421 Pension Fund Trust's Schedule C as investment manager (plan year 2023 vs 2022)with BNY Mellonaskebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceUS Reif no longer appears on Plumbers & Pipefitters Lu 421 Pension Fund Trust's Schedule C as investment manager (plan year 2023 vs 2022)with US Reifaskebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceWedge Capital Management no longer appears on Plumbers & Pipefitters Lu 421 Pension Fund Trust's Schedule C as investment manager (plan year 2023 vs 2022)with Wedge Capital Management LLPaskebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceGamco Asset Management no longer appears on Plumbers & Pipefitters Lu 421 Pension Fund Trust's Schedule C as investment manager (plan year 2023 vs 2022)with Gamco Asset Management, Inc.askebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceAtlanta Capital Management no longer appears on Plumbers & Pipefitters Lu 421 Pension Fund Trust's Schedule C as investment manager (plan year 2023 vs 2022)with Atlanta Capital Management Co., LLCaskebsa.dol.gov
- Sep 1, 2023Funded status changedPlumbers & Pipefitters Lu 421 Pension Fund Trust funded ratio 166.0% -> 162.4% (2022-09-01 to 2023-09-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 570524232-001
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.