Local 697 I.B.E.W. and Electrical Industry Pension Plan
Taft-Hartley plan, based in Merrillville, Indiana, reporting $246M in assets, for 1,755 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: Dec 31, 2024, 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.
2 more advisers, 11 more commitments and 7 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- Multi-Employer Property Trust3 commitments
- Bnym-M Db Sl Aggregate Bif3 commitments
- Bnym Mellon Afl-Cio Sl Broad Market3 commitments
- BNY Mellon9 commitments
- NEW Tower Trust Company3 commitments
- Loomis Sayles1 commitment
Relationship network
38 connected entities14 observed commitments7 repeat counterparties13 dated commitments shown here, 2022 to 2024
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
- Organization
›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 2.5%
- Non-interest-bearing cash 0.4%
- Partnership/joint venture interests 20.2%
- Common/collective trusts 76.1%
Consultants and advisers
- Marquette Associates Inc. Investment adviser (plan)through Dec 31, 2022 Form 5500
- PNC Bank Custodianthrough Dec 31, 2024 Form 5500
- O'Sullivan & Associates Actuarythrough Dec 31, 2022 Form 5500
+2 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- BNY Mellon9 rows, latest Dec 31, 2024
- NEW Tower Trust Company3 rows, latest Dec 31, 2024
- Loomis Sayles1 row, latest Dec 31, 2024
- Sierra Investment Partners Inc.plan years 2022
- Aristotleplan years 2022
- Macquarie (delaware)plan years 2022
+4 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
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What changed
- Dec 31, 2024Holding startedLocal 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 2024-12-31with Loomis Saylesaskebsa.dol.gov
- Dec 31, 2024Holding startedLocal 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 2024-12-31with Ir+m Collective Investmentaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceLocal 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 startedLocal 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 2023-12-31with BNY Mellonaskebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceDelaware 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
+7 more dated events
Every name, record and relationship behind this count, with the source on each.
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Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $10.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Bnym Mellon Db Sl Acwi Ex-Us Fundcollective trust | BNY Mellon | Pooled vehicles | $23.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Bnym-M Db Sl Aggregate Bifcollective trust | BNY Mellon | Pooled vehicles | $3.6M held | Disclosed holding | askebsa.dol.gov |
+11 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 1,755 | Not disclosed | Not disclosed | n/a | $246M | $49.7M | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 1,728 | Not disclosed | Not disclosed | n/a | $228M | $38.8M | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 1,613 | Not disclosed | Not disclosed | n/a | $209M | $30.1M | Not disclosed | Not disclosed |
- Marquette Associates codes 27 50 $104,000 PY2024
- MK Cole codes 30 50 $96,482 PY2024
- P Keenan codes 14 50 $69,429 PY2024
+46 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Local 697 I.B.E.W. and Electrical Industry Pension Plan sits on 3 traced paths of capital across the graphs.
DFX traced 3 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Holding in a pooled vehicle started2024-12-31source on record
- Holding in a pooled vehicle started2024-12-31source on record
- Holding in a pooled vehicle ended2023-12-31source on record
+9 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
+13 connections on the graph
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