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 and Steamfitters Local 396 Pension Fund
Taft-Hartley planCanfield, OH
Assets
$93.3M
Total assets, Jun 30, 2025 reported
Funded
101.0%
Jul 1, 2024
Private markets target
n/a
policy Jun 30, 2025
Commitments
8
1 managers on Schedule C
Plan sponsor: Plumbers and Steamfitters Local 396
Allocation policy
Form 5500, as of Jun 30, 2025
Actual allocation lines without a target (as filed)
- Interest-bearing cash 0.1%
- Non-interest-bearing cash 3.4%
- Corporate debt instruments (other) 4.1%
- U.S. Government securities 9.3%
- Partnership/joint venture interests 2.3%
- Common/collective trusts 2.3%
- Pooled separate accounts 3.8%
- Registered investment companies 73.7%
Consultants and advisers
5 firms
- Segal Marco Advisors Investment adviser (plan)Pension consultantthrough Jun 30, 2024 Form 5500
- Comerica Bank Custodianthrough Jun 30, 2024 Form 5500
- Western Asset Management Custodianthrough Jun 30, 2023 Form 5500
- Cuni, Rust & Strenk Actuarythrough Jun 30, 2023 Form 5500
- Cuni, Rust, Strenk Actuarythrough Jun 30, 2023 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
- Principal3 rows, latest Jun 30, 2025
- NEW Tower Trust Company3 rows, latest Jun 30, 2025
- Western Asset US Core Plus LLC2 rows, latest Jun 30, 2024
From Schedule C (investment management, code 28)
- Merganser Capital Managementplan years 2025
- Western Asset Managementplan years 2024
- Comericaplan years 2023
Commitments
8 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 Jun 30, 2025 | Principal U.S. Property Sa-Zseparate account | Principal | Real estate | $3.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $2.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Principal U.S. Property Sa-Zseparate account | Principal | Real estate | $3.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $2.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Western Asset US Core Plus LLC103 12 ie | Western Asset US Core Plus LLC | Fixed income | $11.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Principal U.S. Property Sa-Zseparate account | Principal | Real estate | $3.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $2.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Western Asset US Core Plus LLC103 12 ie | Western Asset US Core Plus LLC | Fixed income | $8.9M held | Disclosed holding | askebsa.dol.gov |
Size and funding
30 readings
Investment management fees
$38,000 (2024-06) · $78,559 (2023-06)
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 Jun 30, 2025 | 786 | n/a | n/a | n/a | $93.3M | $2.1M | n/a | n/a |
| 2023 to Jun 30, 2024 | 774 | n/a | n/a | n/a | $83.2M | $2.1M | n/a | n/a |
| 2022 to Jun 30, 2023 | 809 | n/a | n/a | n/a | $73.5M | $2.3M | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Benesys codes 13 15 $81,041 PY2024
- Cuni, Rust, & Strenk codes 11 $61,500 PY2024
- Johnson & Krol, LLC codes 29 $40,448 PY2024
- Segal Advisors, Inc codes 27 $38,000 PY2024
- Plumbers Local 396 Combined Funds codes 15 $31,625 PY2024
- Western Asset Management Company codes 28 51 $25,558 PY2024
- Comerica codes 19 21 28 49 59 62 72 $23,729 PY2024
- Yurchyk & Davis Cpa's, Inc codes 10 $11,900 PY2024
- Merganser Capital Management codes 28 51 $7,808 PY2024
- Principal U.S. Property Seperate Ac Sched. D P $3.5M PY2024
- Multi-Employer Property Trust Sched. D C $2.2M PY2024
- Cuni, Rust, Strenk codes 11 PY2024
- Benesys codes 13 15 $76,452 PY2023
- Cuni, Rust, & Strenk codes 11 $47,425 PY2023
- Segal Advisors, Inc codes 27 $38,000 PY2023
- Western Asset Management Company codes 28 52 $29,402 PY2023
- Plumbers Local 396 Combined Funds codes 15 $27,992 PY2023
- Pbgc Premium codes 99 $27,090 PY2023
- Johnson & Krol, LLC codes 29 $22,904 PY2023
- Comerica codes 19 21 28 49 59 62 72 $21,015 PY2023
- Yurchyk & Davis Cpa's, Inc codes 10 $9,400 PY2023
- Principal U.S. Property Seperate Ac Sched. D P $3.4M PY2023
- Multi-Employer Property Trust Sched. D C $2.1M PY2023
- WA Core Plus LLC Sched. D E $11.9M PY2023
- Cuni, Rust, Strenk codes 11 PY2023
- Benesys codes 13 15 $78,957 PY2022
- Cuni, Rust, & Strenk codes 11 $43,725 PY2022
- Segal Advisors, Inc codes 17 21 $36,250 PY2022
- Pbgc Premium codes 99 $25,888 PY2022
- Western Asset Management Company codes 19 51 $25,409 PY2022
- Johnson & Krol, LLC codes 29 $17,616 PY2022
- Comerica codes 28 49 59 62 $16,900 PY2022
- Plumbers Local 396 Combined Funds codes 99 $16,764 PY2022
- Yurchyk & Davis Cpa's, Inc codes 10 $9,400 PY2022
- Multi-Employer Property Trust Sched. D C $2.5M PY2022
- Prin U.S. Property Sa-Pgi3 Sched. D P $3.8M PY2022
- WA Core Plus LLC Sched. D E $8.9M PY2022
- Cuni, Rust, Strenk codes 11 PY2022
What changed
9 events
- Jun 30, 2025Holding endedinferencePlumbers and Steamfitters Local 396 Pension Fund no longer reports Western Asset US Core Plus LLC (Western Asset US Core Plus LLC) (last held $12M at 2024-06-30; absent from the 2025-06-30 filing)with Western Asset US Core Plus LLCaskebsa.dol.gov
- Jun 30, 2025Assets changedPlumbers and Steamfitters Local 396 Pension Fund total assets $83M -> $93M (+12.2%, 2024-06-30 to 2025-06-30)
- Dec 31, 2024Manager relationship startedMerganser Capital Management appears on Plumbers and Steamfitters Local 396 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)with Merganser Capital Managementaskebsa.dol.gov
- Jul 1, 2024Funded status changedPlumbers and Steamfitters Local 396 Pension Fund funded ratio 94.3% -> 101.0% (2023-07-01 to 2024-07-01)
- Jul 1, 2024Assets changedPlumbers and Steamfitters Local 396 Pension Fund plan assets $73M -> $83M (+13.3%, 2023-07-01 to 2024-07-01)
- Jun 30, 2024Assets changedPlumbers and Steamfitters Local 396 Pension Fund total assets $74M -> $83M (+13.1%, 2023-06-30 to 2024-06-30)
- Dec 31, 2023Manager relationship startedWestern Asset Management Company appears on Plumbers and Steamfitters Local 396 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)with Western Asset Managementaskebsa.dol.gov
- Jul 1, 2023Funded status changedPlumbers and Steamfitters Local 396 Pension Fund funded ratio 89.3% -> 94.3% (2022-07-01 to 2023-07-01)
- Jul 1, 2023Assets changedPlumbers and Steamfitters Local 396 Pension Fund plan assets $65M -> $73M (+13.2%, 2022-07-01 to 2023-07-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 346727007-001
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.