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
Massachusetts Service Employees' Pension Fund
Taft-Hartley planNEW York, NY
Assets
n/a
Total assets, Jul 1, 2025 reported
Funded
101.6%
Jan 1, 2025
Private markets target
n/a
policy Dec 31, 2024
Commitments
33
2 managers on Schedule C
Plan sponsor: Trustees of Massachusetts Service Employees' Pension Fund
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Interest-bearing cash 0.5%
- Non-interest-bearing cash 0.5%
- Partnership/joint venture interests 20.5%
- Common/collective trusts 62.6%
- Registered investment companies 14.4%
Consultants and advisers
10 firms
- Meketa Investment Group Inc. Investment adviser (plan)through Jul 1, 2025 Form 5500
- State Street Global Advisors Investment adviser (plan)through Dec 31, 2023 Form 5500
- Paragon Communications General consultantthrough Dec 31, 2022 Form 5500
- The Segal Co. (eastern States) Inc. General consultantthrough Dec 31, 2022 Form 5500
- Bpas Actuarythrough Jul 1, 2025 Form 5500
- Mellon Investments Corporation Custodianthrough Jul 1, 2025 Form 5500
- Cbiz Ris Actuarythrough Jul 1, 2025 Form 5500
- Cbiz Actuarythrough Dec 31, 2023 Form 5500
- Segal Select Insurance Services Actuarythrough Dec 31, 2022 Form 5500
- Jpmorgan Chase Bank, N.A. Custodianthrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
5 managers on the commitment tape
From the plan’s own commitment disclosures
- State Street - Russell 200012 rows, latest Dec 31, 2024
- BNY Mellon5 rows, latest Dec 31, 2024
- Wellington Fd3 rows, latest Dec 31, 2024
- Great Gray Trust Company3 rows, latest Dec 31, 2024
- Driehaus Capital Management LLC3 rows, latest Dec 31, 2024
From Schedule C (investment management, code 28)
- BNY Mellonplan years 2025
- State Street Global Advisorsplan years 2024
Commitments
33 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 Dec 31, 2024 | Bnym Mellon Afl-Cio Sl Broad Marketcollective trust | BNY Mellon | Pooled vehicles | $77.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Wtc-Cif II Core Bond Port. (ser. 4)collective trust | Wellington Fd | Fixed income | $19.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | US Aggregate Bond Index Nl Fundcollective trust | State Street - Russell 2000 | Fixed income | $18.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | GQG Partners International Equitycollective trust | Reliance Trust Company | Public equity | $16.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Ssga Long US Treasury Index Nl Fundcollective trust | State Street - Russell 2000 | Fixed income | $11.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Columbia Threadneedle US Hy Bondcollective trust | Ameriprise Trust Company | Fixed income | $12.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | State Street Msci Eafe Index Non-Lecollective trust | State Street - Russell 2000 | Pooled vehicles | $8.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | EB Dv Nsl Lcv Sifcollective trust | BNY Mellon | Pooled vehicles | $8.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Afl-Cio Building Investment Trustcollective trust | Great Gray Trust Company | Pooled vehicles | $6.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Driehaus Emerging Markets Growthcollective trust | Driehaus Capital Management LLC | Public equity | $6.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Daily Msci Emg Mkts Indx Nl Fundcollective trust | State Street - Russell 2000 | Pooled vehicles | $3.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Driehaus Emerging Markets Growthcollective trust | Driehaus Capital Management LLC | Public equity | $5.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Daily Msci Emg Mkts Indx Nl Fundcollective trust | State Street - Russell 2000 | Pooled vehicles | $2.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Bnym Mellon Afl-Cio Sl Broad Marketcollective trust | BNY Mellon | Pooled vehicles | $65.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Wtc-Cif II Core Bond Port. (ser. 4)collective trust | Wellington Fd | Fixed income | $19.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | US Aggregate Bond Index Nl Fundcollective trust | State Street - Russell 2000 | Fixed income | $17.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | GQG Partners International Equitycollective trust | Reliance Trust Company | Public equity | $16.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Ssga Long US Treasury Index Nl Fundcollective trust | State Street - Russell 2000 | Fixed income | $11.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Columbia Threadneedle US Hy Bondcollective trust | Ameriprise Trust Company | Fixed income | $11.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | State Street Msci Eafe Index Non-Lecollective trust | State Street - Russell 2000 | Pooled vehicles | $9.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | EB Dv Nsl Lcv Sifcollective trust | BNY Mellon | Pooled vehicles | $8.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Afl-Cio Building Investment Trustcollective trust | Great Gray Trust Company | Pooled vehicles | $7.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Bnym Mellon Afl-Cio Sl Broad Marketcollective trust | BNY Mellon | Pooled vehicles | $65.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Wtc-Cif II Core Bond Port. (ser. 4)collective trust | Wellington Fd | Fixed income | $10.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Afl-Cio Building Investment Trustcollective trust | Great Gray Trust Company | Pooled vehicles | $9.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Driehaus Emerging Markets Growthcollective trust | Driehaus Capital Management LLC | Public equity | $9.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | US Aggregate Bond Index Nl Fundcollective trust | State Street - Russell 2000 | Fixed income | $8.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | State Street Msci Eafe Index Non-Lecollective trust | State Street - Russell 2000 | Pooled vehicles | $6.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Metlife Long Credit Collective Trcollective trust | SEI Trust Company | Private credit | $4.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Daily Msci Emg Mkts Indx Nl Fundcollective trust | State Street - Russell 2000 | Pooled vehicles | $4.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Ssga Long US Treasury Index Nl Fundcollective trust | State Street - Russell 2000 | Fixed income | $4.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Columbia Threadneedle US Hy Bondcollective trust | Ameriprise Trust Company | Fixed income | $2.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | GQG Partners International Equitycollective trust | Reliance Trust Company | Public equity | $12.2M held | Disclosed holding | askebsa.dol.gov |
Size and funding
40 readings
Funded ratio
102.2% (2024-01) · 101.5% (2023-01) · 98.1% (2022-01)
Participants
21,789 (2024-01) · 21,247 (2023-01) · 20,605 (2022-01)
Contributions
$12.2M (2024-12) · $11.5M (2023-12) · $11.0M (2022-12)
Benefits paid
$9.6M (2024-12) · $8.4M (2023-12) · $7.6M (2022-12)
Net investment income
$24.4M (2024-12) · $28.2M (2023-12) · $-24.4M (2022-12)
Investment management fees
$190,821 (2024-12) · $186,258 (2023-12) · $210,150 (2022-12)
Form 5500 filings
4 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2025 to Jul 1, 2025 | 22,061 | n/a | n/a | n/a | $0 | $0 | n/a | n/a |
| 2024 to Dec 31, 2024 | 21,789 | n/a | n/a | n/a | $300M | $61.5M | n/a | n/a |
| 2023 to Dec 31, 2023 | 21,247 | n/a | n/a | n/a | $276M | $51.8M | n/a | n/a |
| 2022 to Dec 31, 2022 | 20,605 | n/a | n/a | n/a | $248M | $51.6M | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Building Service 32bj Health Fund codes 10 14 50 $315,855 PY2025
- Bredhoff & Kaiser P.L.L.C. codes 29 50 $105,930 PY2025
- Meketa Investment Group Inc codes 27 50 $97,500 PY2025
- H&h Graphic Printing Communications codes 36 50 $75,133 PY2025
- Withumsmith+brown, P.C. codes 10 50 $51,000 PY2025
- Schultheis & Panettieri, LLP codes 10 50 $36,385 PY2025
- Segal Select Ins Services, Inc codes 22 53 $32,542 PY2025
- Cbiz Savitz codes 11 17 50 70 $28,500 PY2025
- Microsoft Corporation codes 49 50 $23,778 PY2025
- Postmaster codes 49 50 $16,106 PY2025
- BNY Mellon codes 28 51 $13,386 PY2025
- Jpmorgan Chase codes 49 50 $11,254 PY2025
- Mellon Investments Corporation codes 18 51 99 $7,426 PY2025
- Retirement Clearinghouse LLC codes 49 50 $6,207 PY2025
- Msci Daily Emerging Mkts Index Nl Sched. D C PY2025
- Bnym Afl-Cio Broad Market Sif Sched. D C PY2025
- Wtc-Cif II Core Bond Portfolio Sched. D C PY2025
- US Aggregate Bond Index Nl Fund Sched. D C PY2025
- GQG Partners International Equity Sched. D C PY2025
- Long US Treasury Index Nl Fund Sched. D C PY2025
- Columbia Threadneedle US Hy Bond Sched. D C PY2025
- Msci Eafe Index Non-Lending Fund Sched. D C PY2025
- Bnym Mellon Db Nsl Large Cap Value Sched. D C PY2025
- Afl-Cio Building Investment Trust Sched. D C PY2025
- Driehaus Emerging Markets Grwth Cit Sched. D C PY2025
- Bpas codes 11 PY2025
- Building Service 32bj Health Fund codes 10 14 50 $756,234 PY2024
- Bredhoff & Kaiser P.L.L.C. codes 29 50 $133,489 PY2024
- Meketa Investment Group Inc codes 27 50 $130,000 PY2024
- Segal Select Ins Services, Inc codes 22 53 $82,677 PY2024
- Cbiz Savitz codes 11 17 50 70 $56,000 PY2024
- Withumsmith+brown, P.C. codes 10 50 $53,400 PY2024
- Schultheis & Panettieri, LLP codes 10 50 $50,611 PY2024
- BNY Mellon codes 28 51 $32,000 PY2024
- Jpmorgan Chase codes 49 50 $22,485 PY2024
- H&h Graphic Printing Communications codes 36 50 $22,367 PY2024
- Health Management Systems, Inc. codes 49 50 $15,010 PY2024
- Purchase Power codes 49 50 $14,121 PY2024
- Mellon Investments Corporation codes 18 51 99 $9,438 PY2024
- The Burgiss Group LLC codes 49 50 $5,920 PY2024
- State Street Global Advisors codes 28 51 $5,337 PY2024
- Msci Daily Emerging Mkts Index Nl Sched. D C $3.0M PY2024
- Bnym Afl-Cio Broad Market Sif Sched. D C $77.8M PY2024
- Wtc-Cif II Core Bond Portfolio Sched. D C $19.4M PY2024
- US Aggregate Bond Index Nl Fund Sched. D C $18.2M PY2024
- GQG Partners International Equity Sched. D C $16.3M PY2024
- Long US Treasury Index Nl Fund Sched. D C $11.0M PY2024
- Columbia Threadneedle US Hy Bond Sched. D C $12.2M PY2024
- Msci Eafe Index Non-Lending Fund Sched. D C $8.9M PY2024
- Bnym Mellon Db Nsl Large Cap Value Sched. D C $8.6M PY2024
- Afl-Cio Building Investment Trust Sched. D C $6.5M PY2024
- Driehaus Emerging Markets Grwth Cit Sched. D C $6.0M PY2024
- Cbiz codes 11 PY2024
- Building Service 32bj Health Fund codes 10 14 50 $992,023 PY2023
- Meketa Investment Group Inc codes 27 50 $130,000 PY2023
- Bredhoff & Kaiser, PLLC codes 29 50 $124,320 PY2023
- Segal Select Insurance Services codes 22 53 $77,768 PY2023
- Schultheis & Panettieri, LLP codes 10 50 $63,916 PY2023
- Cbiz Benefits and Insurance Service codes 11 17 50 70 $59,000 PY2023
- H&h Graphic Printing Communications codes 36 50 $57,815 PY2023
- Withumsmith+brown, PC codes 10 50 $50,118 PY2023
- BNY Mellon codes 28 51 $37,500 PY2023
- Beacon Hill Staffing, LLC codes 49 50 $31,236 PY2023
- Jpmorgan Chase codes 49 50 $22,846 PY2023
- Pitney Bowes Inc codes 36 38 50 $16,972 PY2023
- Health Management Systems, Inc codes 49 50 $16,044 PY2023
- State Street Global Advisors codes 27 51 $13,744 PY2023
- Mellon Investments Corporation codes 18 51 99 $10,073 PY2023
- Retirement Clearinghouse LLC codes 49 50 $8,769 PY2023
- Long US Treasury Index Nl Fund Sched. D C $11.8M PY2023
- Bnym Afl-Cio Broad Market Sif Sched. D C $65.9M PY2023
- Wtc-Cif II Core Bond Portfolio Sched. D C $19.0M PY2023
- US Aggregate Bond Index Nl Fund Sched. D C $17.9M PY2023
- GQG Partners International Equity Sched. D C $16.2M PY2023
- Columbia Threadneedle US Hy Bond Sched. D C $11.4M PY2023
- Msci Eafe Index Non-Lending Fund Sched. D C $9.0M PY2023
- Bnym Mellon Db Nsl Large Cap Value Sched. D C $8.3M PY2023
- Afl-Cio Building Investment Trust Sched. D C $7.2M PY2023
- Driehaus Emerging Markets Grwth Cit Sched. D C $5.5M PY2023
- Msci Daily Emerging Mkts Index Nl Sched. D C $2.9M PY2023
What changed
10 events
- Dec 31, 2025Manager relationship endedinferenceState Street Global Advisors no longer appears on Massachusetts Service Employees' Pension Fund's Schedule C as investment manager (plan year 2025 vs 2024)with State Street Global Advisorsaskebsa.dol.gov
- Jul 1, 2025Assets changedMassachusetts Service Employees' Pension Fund total assets $300M -> $0 (-100.0%, 2024-12-31 to 2025-07-01)
- Jan 1, 2024Assets changedMassachusetts Service Employees' Pension Fund plan assets $244M -> $273M (+11.5%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Holding startedMassachusetts Service Employees' Pension Fund first reports an interest in EB Dv Nsl Lcv Sif (BNY Mellon): $8M at 2023-12-31with BNY Mellonaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceMassachusetts Service Employees' Pension Fund no longer reports Metlife Long Credit Collective Tr (last held $5M at 2022-12-31; absent from the 2023-12-31 filing)with Metlife Long Credit Collective Traskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceParagon Communications no longer appears on Massachusetts Service Employees' Pension Fund's Schedule C as general consultant (plan year 2023 vs 2022)with Paragon Communicationsaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceState Street Global Advisors appears on Massachusetts Service Employees' Pension Fund's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with State Street Global Advisorsaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceThe Segal Company no longer appears on Massachusetts Service Employees' Pension Fund's Schedule C as general consultant (plan year 2023 vs 2022)with The Segal Co. (eastern States) Inc.askebsa.dol.gov
- Dec 31, 2023Assets changedMassachusetts Service Employees' Pension Fund total assets $248M -> $276M (+11.3%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedMassachusetts Service Employees' Pension Fund funded ratio 98.1% -> 101.5% (2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 046344921-001
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.