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

Twin City Carpenters and Joiners Pension Fund

Taft-Hartley planBloomington, MN
Assets
$2.0B
Total assets, Dec 31, 2024 reported
Funded
79.5%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
31
3 managers on Schedule C
Plan sponsor: Board of Trustees of the Twin City Carpenters and Joiners Pension Fund
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.9%
  • Non-interest-bearing cash 0.2%
  • Corporate debt instruments (other) 6.5%
  • U.S. Government securities 4.6%
  • Other investments 11.5%
  • Partnership/joint venture interests 10.1%
  • 103-12 investment entities 5.3%
  • Common/collective trusts 30.0%
  • Pooled separate accounts 1.9%
  • Registered investment companies 3.4%
  • Common stock 24.7%
Consultants and advisers
5 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
31 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Marathon-London International Fund103 12 ieMarathon LondonPooled vehicles$107M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$85,200 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$40.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$62.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Russell 2000 Alpha Tilts Fund Bcollective trustBlackrock Institutional Trust CompanyPooled vehicles$66.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$38.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024UBC Russell 3000 Index Trustcollective trustInvesco Trust CompanyPooled vehicles$259M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mesirow Collective Investment Mastecollective trustSEI Trust CompanyPooled vehicles$91.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Wtc-Cif Opportunistic Invest Allocacollective trustWellington Trust Company, NaHedge / diversifiers$66.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Capital Group Core Plus Total Returcollective trustCapital Guardian Trust CompanyFixed income$72.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Msci Acwi Ex USA Imi Non-Lending Fdcollective trustState Street Global Advisors TrustPooled vehicles$34.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell 2000 Alpha Tilts Fund Bcollective trustBlackrock Institutional Trust CompanyPooled vehicles$59.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Marathon-London International Fund103 12 ieMarathon LondonPooled vehicles$102M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$43,462 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023William Blair Intl Sm Cp Grwth Collcollective trustWilliam Blair Investment ManagementPooled vehicles$55.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$43.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$65.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$36.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023UBC Russell 3000 Index Trustcollective trustInvesco Trust CompanyPooled vehicles$209M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Mesirow Collective Investment Mastecollective trustSEI Trust CompanyPooled vehicles$81.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Wtc-Cif Opportunistic Invest Allocacollective trustWellington Trust Company, NaHedge / diversifiers$62.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Marathon-London International Fund103 12 ieMarathon LondonPooled vehicles$88.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$123,467 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$62.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$77.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell 2000 Alpha Tilts Fund Bcollective trustBlackrock Institutional Trust CompanyPooled vehicles$51.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$35.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022UBC Russell 3000 Index Trustcollective trustInvesco Trust CompanyPooled vehicles$177M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Mesirow Collective Investment Mastecollective trustSEI Trust CompanyPooled vehicles$72.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Wtc-Cif Opportunistic Invest Allocacollective trustWellington Trust Company, NaHedge / diversifiers$53.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022William Blair Int'l Growth Cltv Invcollective trustWilliam Blair Investment ManagementPooled vehicles$62.9M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$2.0B Dec 31, 2024 reported Form 5500
$1.9B (2023-12) · $1.8B (2022-12)
Plan assets
$1.9B Jan 1, 2024 reported Form 5500
$1.8B (2023-01) · $2.1B (2022-01)
Net assets
$2.0B Dec 31, 2024 reported Form 5500
$1.9B (2023-12) · $1.8B (2022-12)
Funded ratio
79.5% Jan 1, 2024 reported Form 5500
81.3% (2023-01) · 81.8% (2022-01)
Participants
18,388 Jan 1, 2024 reported Form 5500
18,196 (2023-01) · 18,030 (2022-01)
Contributions
$117M Dec 31, 2024 reported Form 5500
$122M (2023-12) · $121M (2022-12)
Benefits paid
$185M Dec 31, 2024 reported Form 5500
$180M (2023-12) · $175M (2022-12)
Net investment income
$122M Dec 31, 2024 reported Form 5500
$126M (2023-12) · $-323M (2022-12)
Investment management fees
$4.6M Dec 31, 2024 reported Form 5500
$5.4M (2023-12) · $5.5M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202418,388n/an/an/a$2.0B$203Mn/an/a
2023 to Dec 31, 202318,196n/an/an/a$1.9B$239Mn/an/a
2022 to Dec 31, 202218,030n/an/an/a$1.8B$215Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
11 events
  • Dec 31, 2024Holding started
    Twin City Carpenters and Joiners Pension Fund first reports an interest in Msci Acwi Ex USA Imi Non-Lending Fd (State Street Global Advisors Trust): $35M at 2024-12-31
    with State Street Global Advisors Trustaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Twin City Carpenters and Joiners Pension Fund no longer reports William Blair Intl Sm Cp Grwth Coll (William Blair Investment Management) (last held $55M at 2023-12-31; absent from the 2024-12-31 filing)
    with William Blair Investment Managementaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Twin City Carpenters and Joiners Pension Fund first reports an interest in Capital Group Core Plus Total Retur (Capital Guardian Trust Company): $72M at 2024-12-31
    with Capital Guardian Trust Companyaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Blackstone no longer appears on Twin City Carpenters and Joiners Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Blackstoneaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Blackstone Infrastructure Advisors appears on Twin City Carpenters and Joiners Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Blackstone Infrastructure Advisorsaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Loomis Sayles Trust Company no longer appears on Twin City Carpenters and Joiners Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Loomis Sayles Trust Companyaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Invesco Ltd appears on Twin City Carpenters and Joiners Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Invesco Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Twin City Carpenters and Joiners Pension Fund first reports an interest in William Blair Intl Sm Cp Grwth Coll (William Blair Investment Management): $55M at 2023-12-31
    with William Blair Investment Managementaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Twin City Carpenters and Joiners Pension Fund no longer reports William Blair Int'l Growth Cltv Inv (William Blair Investment Management) (last held $63M at 2022-12-31; absent from the 2023-12-31 filing)
    with William Blair Investment Managementaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Voya Investment Trust Company no longer appears on Twin City Carpenters and Joiners Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Voya Investment Trust Co.askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Twin City Carpenters and Joiners Pension Fund plan assets $2.1B -> $1.8B (-15.5%, 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 416043137-001
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.