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

Local 697 I.B.E.W. and Electrical Industry Pension Plan

Taft-Hartley planMerrillville, IN
Assets
$246M
Total assets, Dec 31, 2024 reported
Funded
94.6%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
14
none on the tape
Plan sponsor: Trustees of Local 697 I.B.E.W. & Elect Industry Pension Fund
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 2.5%
  • Non-interest-bearing cash 0.4%
  • Partnership/joint venture interests 20.2%
  • Common/collective trusts 76.1%
Consultants and advisers
5 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
14 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$10.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym Mellon Db Sl Acwi Ex-Us Fundcollective trustBNY MellonPooled vehicles$23.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym-M Db Sl Aggregate Bifcollective trustBNY MellonPooled vehicles$3.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym Mellon Afl-Cio Sl Broad Marketcollective trustBNY MellonPooled vehicles$86.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Loomis Sayles Core Plus Fixed Incomcollective trustLoomis SaylesFixed income$32.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ir&m Core Bond Collective Fundcollective trustIr+m Collective InvestmentFixed income$32.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$10.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Bnym Mellon Db Sl Acwi Ex-Us Fundcollective trustBNY MellonPooled vehicles$23.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Bnym-M Db Sl Aggregate Bifcollective trustBNY MellonPooled vehicles$48.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Bnym Mellon Afl-Cio Sl Broad Marketcollective trustBNY MellonPooled vehicles$81.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$12.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Bnym Mellon Db Sl Stock Index Fundcollective trustBNY MellonPublic equity$20.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Bnym-M Db Sl Aggregate Bifcollective trustBNY MellonPooled vehicles$25.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Bnym Mellon Afl-Cio Sl Broad Marketcollective trustBNY MellonPooled vehicles$73.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$246M Dec 31, 2024 reported Form 5500
$228M (2023-12) · $209M (2022-12)
Plan assets
$228M Jan 1, 2024 reported Form 5500
$209M (2023-01) · $247M (2022-01)
Net assets
$245M Dec 31, 2024 reported Form 5500
$228M (2023-12) · $209M (2022-12)
Funded ratio
94.6% Jan 1, 2024 reported Form 5500
93.0% (2023-01) · 92.1% (2022-01)
Participants
1,755 Jan 1, 2024 reported Form 5500
1,728 (2023-01) · 1,613 (2022-01)
Contributions
$13.4M Dec 31, 2024 reported Form 5500
$13.2M (2023-12) · $12.3M (2022-12)
Benefits paid
$18.0M Dec 31, 2024 reported Form 5500
$17.4M (2023-12) · $16.5M (2022-12)
Net investment income
$17.1M Dec 31, 2024 reported Form 5500
$18.9M (2023-12) · $-37.7M (2022-12)
Investment management fees
$532,177 Dec 31, 2024 reported Form 5500
$618,149 (2023-12) · $771,813 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20241,755n/an/an/a$246M$49.7Mn/an/a
2023 to Dec 31, 20231,728n/an/an/a$228M$38.8Mn/an/a
2022 to Dec 31, 20221,613n/an/an/a$209M$30.1Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Marquette Associates codes 27 50 $104,000 PY2024
  • MK Cole codes 30 50 $96,482 PY2024
  • P Keenan codes 14 50 $69,429 PY2024
  • Legacy Professionals LLP codes 10 15 49 50 $57,855 PY2024
  • O'Sullivan Associates codes 11 50 $47,195 PY2024
  • E Cortez codes 30 50 $28,745 PY2024
  • Intac 697 Owners' Assoc Inc codes 49 50 $26,939 PY2024
  • PNC Bank codes 19 51 62 68 $20,293 PY2024
  • Hagberg & Associates, PC codes 29 49 50 $19,608 PY2024
  • Bnym Mellon Db Sl Agg Bd Index Fund Sched. D C $3.6M PY2024
  • Multiemployer Property Trust Sched. D C $10.0M PY2024
  • Bnym Mellon Db Sl Acwi Ex-Us Fund Sched. D C $23.2M PY2024
  • Bnym Mellon Afl-Cio Sl Broad Mkt St Sched. D C $86.2M PY2024
  • Loomis Sayles Core Plus Fixed in Fd Sched. D C $32.0M PY2024
  • Ir&m Core Bond Collective Fund Sched. D C $32.5M PY2024
  • O'Sullivan Associates codes 11 PY2024
  • Marquette Associates codes 27 50 $104,000 PY2023
  • MK Cole codes 30 50 $93,225 PY2023
  • P Keenan codes 14 50 $65,998 PY2023
  • Legacy Professionals LLP codes 10 15 49 50 $54,620 PY2023
  • O'Sullivan Associates codes 11 50 $44,288 PY2023
  • Intac 697 Owners' Assoc Inc codes 49 50 $25,982 PY2023
  • Hagberg & Associates, PC codes 29 49 50 $20,619 PY2023
  • Multiemployer Property Trust Sched. D C $10.4M PY2023
  • Bnym Mellon Db Sl Acwi Ex-Us Fund Sched. D C $23.3M PY2023
  • Bnym Mellon Db Sl Agg Bd Index Fund Sched. D C $48.9M PY2023
  • Bnym Mellon Afl-Cio Sl Broad Mkt St Sched. D C $81.6M PY2023
  • O'Sullivan Associates codes 11 PY2023
  • Marquette Associates codes 27 50 $104,000 PY2022
  • MK Cole codes 30 50 $89,981 PY2022
  • Sierra Investment Partners codes 28 51 $62,964 PY2022
  • P Keenan codes 14 50 $62,520 PY2022
  • Legacy Professionals LLP codes 10 50 $50,744 PY2022
  • Hagberg & Associates, PC codes 29 50 $48,667 PY2022
  • O'Sullivan Associates codes 11 50 $46,750 PY2022
  • Sage Advisory Services Ltd Co codes 28 51 $44,134 PY2022
  • Aristotle codes 28 51 $31,994 PY2022
  • Delaware Capital Management codes 28 51 $31,810 PY2022
  • Foundry Partners, LLC codes 28 51 68 71 $28,620 PY2022
  • Intac 697 Owners' Assoc Inc codes 49 50 $22,172 PY2022
  • Fiera Capital Inc. codes 28 51 $21,776 PY2022
  • Old National Bank codes 19 51 $10,241 PY2022
  • Chartwell Investment Partners codes 28 51 $9,194 PY2022
  • Multiemployer Property Trust Sched. D C $12.3M PY2022
  • Ibew-Neca Equity Index Fund Sched. D C PY2022
  • Bnym Mellon Db Sl Stock Index Fund Sched. D C $20.9M PY2022
  • Bnym Mellon Afl-Cio Sl Broad Mkt St Sched. D C $73.5M PY2022
  • Bnym Mellon Db Sl Agg Bd Index Fd Sched. D C $25.9M PY2022
  • O'Sullivan Associates codes 11 PY2022
What changed
12 events
  • Dec 31, 2024Holding started
    Local 697 I.B.E.W. and Electrical Industry Pension Plan first reports an interest in Loomis Sayles Core Plus Fixed Incom (Loomis Sayles): $32M at 2024-12-31
    with Loomis Saylesaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Local 697 I.B.E.W. and Electrical Industry Pension Plan first reports an interest in Ir&m Core Bond Collective Fund (Ir+m Collective Investment): $32M at 2024-12-31
    with Ir+m Collective Investmentaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Local 697 I.B.E.W. and Electrical Industry Pension Plan no longer reports Bnym Mellon Db Sl Stock Index Fund (BNY Mellon) (last held $21M at 2022-12-31; absent from the 2023-12-31 filing)
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Local 697 I.B.E.W. and Electrical Industry Pension Plan first reports an interest in Bnym Mellon Db Sl Acwi Ex-Us Fund (BNY Mellon): $23M at 2023-12-31
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Delaware Capital Management no longer appears on Local 697 I.B.E.W. and Electrical Industry Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Macquarie (delaware)askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Foundry Partners, LLC no longer appears on Local 697 I.B.E.W. and Electrical Industry Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Foundry Partners LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Fiera Capital Inc. no longer appears on Local 697 I.B.E.W. and Electrical Industry Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Fiera Capitalaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Sage Advisory Services Ltd Co no longer appears on Local 697 I.B.E.W. and Electrical Industry Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Sage Advisory Services Ltd. Co.askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Aristotle no longer appears on Local 697 I.B.E.W. and Electrical Industry Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Aristotleaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Sierra Investment Partners no longer appears on Local 697 I.B.E.W. and Electrical Industry Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Sierra Investment Partners Inc.askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Chartwell Investment Partners no longer appears on Local 697 I.B.E.W. and Electrical Industry Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Chartwell Investment Partnersaskebsa.dol.gov
  • Jan 1, 2023Assets changed
    Local 697 I.B.E.W. and Electrical Industry Pension Plan plan assets $247M -> $209M (-15.3%, 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 516133048-001
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.