Plumbers & Pipefitters U.A. Local 85 Pension Plan
Taft-Hartley plan, based in Troy, Michigan, reporting $177M in assets, for 1,873 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 1 Jan 2024, Plumbers & Pipefitters U.A. Local 85 Pension Plan funded ratio 86.0% -> 89.5% (2023-01-01 to 2024-01-01).
1 more adviser and 3 more commitments
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- Parametric Defensive Equity Fund3 commitments
- Corbin Erisa Opportunity Fund LP3 commitments
- Parametric Portfolio Associates3 commitments
- Corbin Capital Partners, LP3 commitments
Relationship network
22 connected entities6 observed commitments5 repeat counterpartiescommitments 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 1.3%
- Other investments 0.7%
- Partnership/joint venture interests 10.4%
- 103-12 investment entities 2.4%
- Common/collective trusts 10.3%
- Registered investment companies 68.7%
- Common stock 5.1%
Consultants and advisers
- Benesys, Inc. General consultantthrough Dec 31, 2023 Form 5500
- Marquette Associates Inc. General consultantPension consultantthrough Dec 31, 2023 Form 5500
- Fiduciary Management Investment adviser (plan)through Dec 31, 2022 Form 5500
+1 more consultant or adviser advise this allocator
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
People
Manager roster
- Parametric Portfolio Associates3 rows, latest Dec 31, 2024
- Corbin Capital Partners, LP3 rows, latest Dec 31, 2024
- Corbin Capital Partners, LPplan years
- Parametric Portfolio Associatesplan years
What changed
- Jan 1, 2024Funded status changedPlumbers & Pipefitters U.A. Local 85 Pension Plan funded ratio 86.0% -> 89.5% (2023-01-01 to 2024-01-01)
- Dec 31, 2023Consultant changedinferenceUnited Actuarial Services, Inc. appears on Plumbers & Pipefitters U.A. Local 85 Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)with United Actuarial Services, Inc.askebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceBenesys, Inc. appears on Plumbers & Pipefitters U.A. Local 85 Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)with Benesys, Inc.askebsa.dol.gov
- Jan 1, 2023Funded status changedPlumbers & Pipefitters U.A. Local 85 Pension Plan funded ratio 82.8% -> 86.0% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedPlumbers & Pipefitters U.A. Local 85 Pension Plan plan assets $171M -> $150M (-12.5%, 2022-01-01 to 2023-01-01)
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Parametric Defensive Equity Fund103 12 ie | Parametric Portfolio Associates | Public equity | $4.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Corbin Erisa Opportunity Fund LPcollective trust | Corbin Capital Partners, LP | Pooled vehicles | $3.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Parametric Defensive Equity Fund103 12 ie | Parametric Portfolio Associates | Public equity | $3.6M held | Disclosed holding | askebsa.dol.gov |
+3 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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 | 1,873 | Not disclosed | Not disclosed | n/a | $177M | $18.4M | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 1,779 | Not disclosed | Not disclosed | n/a | $165M | $31.2M | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 1,828 | Not disclosed | Not disclosed | n/a | $150M | $29.0M | Not disclosed | Not disclosed |
- Novara, Tesija & Catenacci, PLLC codes 29 50 $133,130 PY2024
- Marquette Associates, Inc. codes 16 17 50 $110,000 PY2024
- Benesys, Inc. codes 10 12 13 14 15 16 36 50 $107,741 PY2024
+34 more service providers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Provenance
Provenance
Plumbers & Pipefitters U.A. Local 85 Pension Plan sits on 4 traced paths of capital across the graphs.
DFX traced 4 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Funded status changed2024-01-01source on record
- Consultant changed2023-12-31source on record
- Consultant changed2023-12-31source on record
+2 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
+8 connections on the graph
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