International Association of Machinists and Aerospace Workers Pension Plan
Corporate pension, based in Upper Marlboro, Maryland, reporting $888M in assets, for 2,732 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: Dec 31, 2024, Metlife Investment Management, no longer appears on International Association of Machinists and Aerospace Workers Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023).
3 more advisers, 2 more managers, 14 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- ASB Labor Equity Index Fund3 commitments
- Bnym-M Db Sl Lt Credit Bif3 commitments
- State Street 20 Year U.S. Treasury3 commitments
- BNY Mellon5 commitments
- Chevy Chase Trust Company3 commitments
- State Street Global Advisors Trust3 commitments
Relationship network
43 connected entities17 observed commitments10 repeat counterparties14 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
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›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 basesCorporate pensionShowHide
Allocation policy
- Interest-bearing cash 0.2%
- Non-interest-bearing cash 1.2%
- Corporate debt instruments (other) 1.2%
- U.S. Government securities 3.4%
- Other investments 0.8%
- Partnership/joint venture interests 30.7%
- 103-12 investment entities 0.9%
- Common/collective trusts 49.9%
- Registered investment companies 10.4%
- Common stock 0.9%
- Preferred stock 0.0%
Consultants and advisers
- Morgan Stanley Smith Barney, LLC Custodianthrough Dec 31, 2024 Form 5500
- Morgan Stanley Smith Barney Custodianthrough Dec 31, 2022 Form 5500
- Cheiron Actuarythrough Dec 31, 2022 Form 5500
+3 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 Mellon5 rows, latest Dec 31, 2024
- Chevy Chase Trust Company3 rows, latest Dec 31, 2024
- State Street Global Advisors Trust3 rows, latest Dec 31, 2024
+2 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
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- Metlife Investment Managementplan years 2022
- Dodge & Coxplan years 2022
- Salient Capital, LPplan years 2022
+9 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, 2024Manager relationship endedinferenceMetlife Investment Management, no longer appears on International Association of Machinists and Aerospace Workers Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Metlife Investment Managementaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceWilshire Associates Incorproated no longer appears on International Association of Machinists and Aerospace Workers Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Wilshireaskebsa.dol.gov
- Jan 1, 2024Funded status changedInternational Association of Machinists and Aerospace Workers Pension Plan funded ratio 82.7% -> 79.6% (2023-01-01 to 2024-01-01)
- Dec 31, 2023Holding endedinferenceInternational Association of Machinists and Aerospace Workers Pension Plan no longer reports Ssga Long US Treasury Index Nl Fund (State Street - Russell 2000) (last held $37M at 2022-12-31; absent from the 2023-12-31 filing)with State Street Global Advisors Trust Companyaskebsa.dol.gov
- Dec 31, 2023Holding startedInternational Association of Machinists and Aerospace Workers Pension Plan first reports an interest in State Street Msci Japan Index (State Street - Russell 2000): $6M at 2023-12-31with State Street Global Advisors Trust Companyaskebsa.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 | ASB Labor Equity Index Fundcollective trust | Chevy Chase Trust Company | Public equity | $44.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Bnym-M Db Sl Lt Credit Bifcollective trust | BNY Mellon | Private credit | $176M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Bnym-M Db Sl Long Bifcollective trust | BNY Mellon | Pooled vehicles | $168M held | Disclosed holding | askebsa.dol.gov |
+14 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 | 2,732 | $896M | $818M | 79.6% | $888M | $272M | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 2,737 | $867M | $813M | 82.7% | $896M | $256M | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 2,733 | $1.1B | $789M | 88.6% | $868M | $254M | Not disclosed | Not disclosed |
- Morgan Stanley Smith Barney codes 19 27 49 50 72 99 $2.3M PY2024
- American Realty Advisors codes 28 51 $454,084 PY2024
- IAM & Aw codes 14 50 $442,251 PY2024
+75 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Record history
- Manager relationship ended2024-12-31source on record
- Manager relationship ended2024-12-31source on record
- Funded status changed2024-01-01source 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
+19 connections on the graph
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