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

Pipefitters Union Local No. 537 Pension Fund

Taft-Hartley planDorchester, MA
Assets
$962M
Total assets, Feb 28, 2025 reported
Funded
101.1%
Mar 1, 2024
Private markets target
n/a
policy Feb 28, 2025
Commitments
26
none on the tape
Plan sponsor: Pipe & Refrigeration Fitters Local 537
Allocation policy
Form 5500, as of Feb 28, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 3.0%
  • Corporate debt instruments (other) 4.0%
  • Corporate debt instruments (preferred) 3.3%
  • U.S. Government securities 10.6%
  • Other investments 2.7%
  • Partnership/joint venture interests 19.3%
  • 103-12 investment entities 5.8%
  • Common/collective trusts 10.9%
  • Registered investment companies 2.2%
  • Common stock 33.4%
  • Preferred stock 0.0%
  • Real estate (other than employer real property) 3.0%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
7 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
26 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Feb 28, 2025Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$5.6M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2025Eaton Vance Trust Company Collectivcollective trustEaton Vance Trust CompanyPooled vehicles$20.6M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2025NIS Total Absolute Return Fund, LLCcollective trustTitaniumHedge / diversifiers$28.3M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2025Alcentra Multi-Strategy European Crcollective trustAlcentra LtdHedge / diversifiers$3.9M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2025Aristotle Collective Investment Trucollective trustSEI Trust CompanyPooled vehicles$24.0M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2025Crescent Capital Trust IIcollective trustCrescent Capital Collective InvPooled vehicles$8.8M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2025Afl-Cio Sl Mid Cap Stock Index Fundcollective trustBNY MellonPublic equity$13.9M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2025NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$41.3M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2025RMC Construction Mbs Opportunities103 12 ieRichmond Capital Management, Inc.Pooled vehicles$14.7M heldDisclosed holdingaskebsa.dol.gov
as of Feb 29, 2024Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$5.6M heldDisclosed holdingaskebsa.dol.gov
as of Feb 29, 2024Eaton Vance Trust Company Collectivcollective trustEaton Vance Trust CompanyPooled vehicles$19.1M heldDisclosed holdingaskebsa.dol.gov
as of Feb 29, 2024NIS Total Absolute Return Fund, LLCcollective trustTitaniumHedge / diversifiers$26.4M heldDisclosed holdingaskebsa.dol.gov
as of Feb 29, 2024Alcentra Multi-Strategy European Crcollective trustAlcentra LtdHedge / diversifiers$3.9M heldDisclosed holdingaskebsa.dol.gov
as of Feb 29, 2024Aristotle Collective Investment Trucollective trustSEI Trust CompanyPooled vehicles$22.0M heldDisclosed holdingaskebsa.dol.gov
as of Feb 29, 2024Crescent Capital Trust IIcollective trustCrescent Capital Collective InvPooled vehicles$9.6M heldDisclosed holdingaskebsa.dol.gov
as of Feb 29, 2024Afl-Cio Sl Mid Cap Stock Index Fundcollective trustBNY MellonPublic equity$13.2M heldDisclosed holdingaskebsa.dol.gov
as of Feb 29, 2024NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$39.5M heldDisclosed holdingaskebsa.dol.gov
as of Feb 29, 2024RCM Construction Mbs Opportunities103 12 ieRichmond Capital Management, Inc.Pooled vehicles$13.7M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2023Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$6.7M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2023Eaton Vance Trust Company Collectivcollective trustEaton Vance Trust CompanyPooled vehicles$17.6M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2023NIS Total Absolute Return Fund, LLCcollective trustTitaniumHedge / diversifiers$17.1M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2023Alcentra Multi-Strategy European Crcollective trustAlcentra LtdHedge / diversifiers$18.2M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2023Aristotle Collective Investment Trucollective trustSEI Trust CompanyPooled vehicles$19.3M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2023Crescent Capital Trust IIcollective trustCrescent Capital Collective InvPooled vehicles$9.4M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2023Afl-Cio Sl Mid Cap Stock Index Fundcollective trustBNY MellonPublic equity$12.7M heldDisclosed holdingaskebsa.dol.gov
as of Feb 28, 2023NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$32.1M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$962M Feb 28, 2025 reported Form 5500
$902M (2024-02) · $828M (2023-02)
Plan assets
$875M Mar 1, 2024 reported Form 5500
$794M (2023-03) · $823M (2022-03)
Net assets
$936M Feb 28, 2025 reported Form 5500
$875M (2024-02) · $794M (2023-02)
Funded ratio
101.1% Mar 1, 2024 reported Form 5500
102.7% (2023-03) · 99.9% (2022-03)
Participants
3,781 Mar 1, 2024 reported Form 5500
3,663 (2023-03) · 3,550 (2022-03)
Contributions
$59.1M Feb 28, 2025 reported Form 5500
$53.6M (2024-02) · $50.0M (2023-02)
Benefits paid
$56.5M Feb 28, 2025 reported Form 5500
$54.1M (2024-02) · $51.9M (2023-02)
Net investment income
$61.3M Feb 28, 2025 reported Form 5500
$81.5M (2024-02) · $-29.1M (2023-02)
Investment management fees
$4.1M Feb 28, 2025 reported Form 5500
$3.1M (2024-02) · $3.1M (2023-02)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Feb 28, 20253,781n/an/an/a$962M$186Mn/a$28.9M
2023 to Feb 29, 20243,663n/an/an/a$902M$168Mn/a$26.7M
2022 to Feb 28, 20233,550n/an/an/a$828M$163Mn/a$30.2M
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
11 events
  • Feb 28, 2025Holding started
    Pipefitters Union Local No. 537 Pension Fund first reports an interest in RMC Construction Mbs Opportunities (Richmond Capital Management, Inc.): $15M at 2025-02-28
    with Richmond Capital Management, Inc.askebsa.dol.gov
  • Feb 28, 2025Holding endedinference
    Pipefitters Union Local No. 537 Pension Fund no longer reports RCM Construction Mbs Opportunities (Richmond Capital Management, Inc.) (last held $14M at 2024-02-29; absent from the 2025-02-28 filing)
    with Richmond Capital Management, Inc.askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Northgate no longer appears on Pipefitters Union Local No. 537 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Northgateaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Alcentra no longer appears on Pipefitters Union Local No. 537 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Alcentra Ltdaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Westport Capital Partners no longer appears on Pipefitters Union Local No. 537 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Westport Capital Partners LLCaskebsa.dol.gov
  • Mar 1, 2024Assets changed
    Pipefitters Union Local No. 537 Pension Fund plan assets $794M -> $875M (+10.3%, 2023-03-01 to 2024-03-01)
    askebsa.dol.gov
  • Feb 29, 2024Holding started
    Pipefitters Union Local No. 537 Pension Fund first reports an interest in RCM Construction Mbs Opportunities (Richmond Capital Management, Inc.): $14M at 2024-02-29
    with Richmond Capital Management, Inc.askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Richmond Capital Management appears on Pipefitters Union Local No. 537 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Richmond Capital Management, Inc.askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Newtower Trust Company no longer appears on Pipefitters Union Local No. 537 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Newtower Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Select Equity Group, LP appears on Pipefitters Union Local No. 537 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Select Equity Groupaskebsa.dol.gov
  • Mar 1, 2023Funded status changed
    Pipefitters Union Local No. 537 Pension Fund funded ratio 99.9% -> 102.7% (2022-03-01 to 2023-03-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 516030859-001
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.