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

Desert States Employers & Ufcw Unions Pension Plan

Taft-Hartley planPhoenix, AZ
Assets
$1.0B
Total assets, Dec 31, 2024 reported
Funded
93.2%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
47
1 managers on Schedule C
Plan sponsor: Board of Trustees, Desert States Employers & Ufcw
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 2.1%
  • Other investments 8.0%
  • Partnership/joint venture interests 46.6%
  • 103-12 investment entities 9.4%
  • Common/collective trusts 22.4%
  • Pooled separate accounts 2.0%
  • Registered investment companies 2.3%
  • Common stock 4.9%
Consultants and advisers
8 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
9 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
47 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$25.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Emerging Markets Equity Series103 12 ieRBC Global Asset Management (U.S.) Inc.Public equity$34.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$10,662 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Crescent Capital Trust II (levered)collective trustCrescent Capital Collective InvPooled vehicles$13.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Commingled Pension Trust Fund (speccollective trustJpmorgan Special SituationsPooled vehicles$9.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$6.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$63.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NIS Core Fixed Income Qp Fund, LLCcollective trustNational Investment ServicesFixed income$15.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NIS High Yield Qp Fund, LLCcollective trustNational Investment ServicesFixed income$982,123 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NIS Total Absolute Return Qp Fundcollective trustNational Investment ServicesHedge / diversifiers$1.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NIS Preferred Stock Qp Fund, LLCcollective trustNational Investment ServicesPublic equity$1.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$9.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Rainier Multiple Investment Trustcollective trustRainier Multiple Investment TrustPooled vehicles$19.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$11.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Wedge Small Cap Value Citcollective trustWedge Capital Management LLPPublic equity$23.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym Mellon Afl-Cio Sl Stock Indexcollective trustBNY MellonPublic equity$115M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$22.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Emerging Markets Equity Series103 12 ieRBC Global Asset Management (U.S.) Inc.Public equity$32.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$5,471 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Crescent Capital Trust II (levered)collective trustCrescent Capital Collective InvPooled vehicles$14.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Commingled Pension Trust Fund (speccollective trustJpmorgan Special SituationsPooled vehicles$11.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$7.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$58.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NIS Core Fixed Income Qp Fund, LLCcollective trustNational Investment ServicesFixed income$10.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NIS High Yield Qp Fund, LLCcollective trustNational Investment ServicesFixed income$621,578 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NIS Total Absolute Return Qp Fundcollective trustNational Investment ServicesHedge / diversifiers$945,981 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NIS Preferred Stock Qp Fund, LLCcollective trustNational Investment ServicesPublic equity$924,120 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$10.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Rainier Multiple Investment Trustcollective trustRainier Multiple Investment TrustPooled vehicles$19.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$10.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Wedge Small Cap Value Citcollective trustWedge Capital Management LLPPublic equity$26.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$17.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Emerging Markets Equity Series103 12 ieRBC Global Asset Management (U.S.) Inc.Public equity$32.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$15,360 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Crescent Capital Trust II (levered)collective trustCrescent Capital Collective InvPooled vehicles$13.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Institutional Credit Fund, L.P.103 12 ieHPS Investment Partners LLCPrivate credit$8.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Commingled Pension Trust Fund (speccollective trustJpmorgan Special SituationsPooled vehicles$15.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$8.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$47.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NIS Core Fixed Income Qp Fund, LLCcollective trustNational Investment ServicesFixed income$9.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NIS High Yield Qp Fund, LLCcollective trustNational Investment ServicesFixed income$584,335 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NIS Total Absolute Return Qp Fundcollective trustNational Investment ServicesHedge / diversifiers$999,416 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NIS Preferred Stock Qp Fund, LLCcollective trustNational Investment ServicesPublic equity$812,085 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$13.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Rainier Multiple Investment Trustcollective trustRainier Multiple Investment TrustPooled vehicles$18.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$10.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022TCW Capital Trustcollective trustSEI Trust CompanyPooled vehicles$117,340 heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$1.0B Dec 31, 2024 reported Form 5500
$1.0B (2023-12) · $960M (2022-12)
Plan assets
$1.0B Jan 1, 2024 reported Form 5500
$951M (2023-01) · $1.1B (2022-01)
Net assets
$1.0B Dec 31, 2024 reported Form 5500
$1.0B (2023-12) · $951M (2022-12)
Funded ratio
93.2% Jan 1, 2024 reported Form 5500
94.8% (2023-01) · 96.5% (2022-01)
Participants
53,889 Jan 1, 2024 reported Form 5500
48,107 (2023-01) · 53,586 (2022-01)
Contributions
$30.8M Dec 31, 2024 reported Form 5500
$32.7M (2023-12) · $31.1M (2022-12)
Benefits paid
$66.6M Dec 31, 2024 reported Form 5500
$63.3M (2023-12) · $67.2M (2022-12)
Net investment income
$34.0M Dec 31, 2024 reported Form 5500
$49.8M (2023-12) · $-139M (2022-12)
Investment management fees
$2.4M Dec 31, 2024 reported Form 5500
$2.1M (2023-12) · $2.5M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202453,889n/an/an/a$1.0B$484Mn/an/a
2023 to Dec 31, 202348,107n/an/an/a$1.0B$469Mn/an/a
2022 to Dec 31, 202253,586n/an/an/a$960M$524Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
8 events
  • Dec 31, 2024Holding started
    Desert States Employers & Ufcw Unions Pension Plan first reports an interest in Bnym Mellon Afl-Cio Sl Stock Index (BNY Mellon): $115M at 2024-12-31
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Desert States Employers & Ufcw Unions Pension Plan no longer reports TCW Capital Trust (last held $117,340 at 2022-12-31; absent from the 2023-12-31 filing)
    with TCW Capital Trustaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Desert States Employers & Ufcw Unions Pension Plan no longer reports Institutional Credit Fund, L.P. (last held $9M at 2022-12-31; absent from the 2023-12-31 filing)
    with Institutional Credit Fund, L.P.askebsa.dol.gov
  • Dec 31, 2023Holding started
    Desert States Employers & Ufcw Unions Pension Plan first reports an interest in Wedge Small Cap Value Cit (Wedge Capital Management LLP): $27M at 2023-12-31
    with Wedge Capital Management LLPaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Capital Trust Financial Advisors appears on Desert States Employers & Ufcw Unions Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)
    with Capfinancial Partners, LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Parametric Portfolio Associates LLC appears on Desert States Employers & Ufcw Unions Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Parametric Portfolio Associatesaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Frsecure appears on Desert States Employers & Ufcw Unions Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Frsecureaskebsa.dol.gov
  • Jan 1, 2023Assets changed
    Desert States Employers & Ufcw Unions Pension Plan plan assets $1.1B -> $951M (-12.8%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 846277982-001
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.