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

Building Trades United Pension Trust Fund Milwaukee and Vicinity

Taft-Hartley planELM Grove, WI
Assets
$3.5B
Total assets, May 31, 2025 reported
Funded
87.5%
Jun 1, 2024
Private markets target
n/a
policy May 31, 2025
Commitments
23
none on the tape
Plan sponsor: Building Trades United Pension Trust Fund
Allocation policy
Form 5500, as of May 31, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.6%
  • Non-interest-bearing cash 0.8%
  • Corporate debt instruments (other) 10.3%
  • U.S. Government securities 9.4%
  • Other investments 5.5%
  • Partnership/joint venture interests 21.1%
  • Common/collective trusts 49.9%
  • Registered investment companies 1.4%
Consultants and advisers
22 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
5 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
23 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of May 31, 2025Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$46.4M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2025NIS High Yield Qp Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$25.0M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2025NT Collective All Country World Excollective trustNorthern Trust Collective Eafe IndePooled vehicles$410M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2025NT Collective Russell 3000 Index Fdcollective trustNorthern Trust Collective Eafe IndePooled vehicles$1.0B heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2025Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$91.7M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2025Segall Bryant & Hamill Intl Sm Capcollective trustSEI Trust CompanyPooled vehicles$71.7M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2025State Street Emerging Markets Smallcollective trustState Street Global Advisors Trust CompanyPublic equity$70.8M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$45.2M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024NT Collective All Country World Excollective trustNorthern Trust Collective Eafe IndePooled vehicles$362M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024NT Collective Russell 3000 Index Fdcollective trustNorthern Trust Collective Eafe IndePooled vehicles$1.0B heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$94.7M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024Segall Bryant & Hamill Intl Sm Capcollective trustSEI Trust CompanyPooled vehicles$59.7M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024State Street Emerging Markets Smallcollective trustState Street Global Advisors Trust CompanyPublic equity$67.4M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024NIS High Yield Qp Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$20.0M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$63.6M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023International Fund LLC103 12 ieNuveen, LLCPooled vehicles$48.2M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023NT Collective All Country World Excollective trustNorthern Trust Collective Eafe IndePooled vehicles$257M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023NT Collective Russell 3000 Index Fdcollective trustNorthern Trust Collective Eafe IndePooled vehicles$687M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$115M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023Segall Bryant & Hamill Intl Sm Capcollective trustSEI Trust CompanyPooled vehicles$53.4M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023State Street Emerging Markets Smallcollective trustState Street Global Advisors Trust CompanyPublic equity$56.1M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023NIS High Yield Qp Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$15.4M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023Wellington Cif II Quality Value S1collective trustWellington FdPooled vehicles$73.3M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$3.5B May 31, 2025 reported Form 5500
$3.3B (2024-05) · $3.0B (2023-05)
Plan assets
$3.3B Jun 1, 2024 reported Form 5500
$2.9B (2023-06) · $3.0B (2022-06)
Net assets
$3.5B May 31, 2025 reported Form 5500
$3.3B (2024-05) · $2.9B (2023-05)
Funded ratio
87.5% Jun 1, 2024 reported Form 5500
87.2% (2023-06) · 87.9% (2022-06)
Participants
27,998 Jun 1, 2024 reported Form 5500
27,983 (2023-06) · 27,440 (2022-06)
Contributions
$220M May 31, 2025 reported Form 5500
$213M (2024-05) · $185M (2023-05)
Benefits paid
$250M May 31, 2025 reported Form 5500
$242M (2024-05) · $230M (2023-05)
Net investment income
$267M May 31, 2025 reported Form 5500
$311M (2024-05) · $-31.9M (2023-05)
Investment management fees
$11.2M May 31, 2025 reported Form 5500
$13.2M (2024-05) · $13.2M (2023-05)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to May 31, 202527,998n/an/an/a$3.5B$746Mn/an/a
2023 to May 31, 202427,983n/an/an/a$3.3B$698Mn/an/a
2022 to May 31, 202327,440n/an/an/a$3.0B$670Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
14 events
  • Dec 31, 2024Manager relationship endedinference
    Winslow Capital Management no longer appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as investment manager (plan year 2024 vs 2023)
    with Winslow Capital Management, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Wellington Trust Company, Na no longer appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as investment manager (plan year 2024 vs 2023)
    with Wellington Managementaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Artisan Partners no longer appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as investment manager (plan year 2024 vs 2023)
    with Artisan Partners Ltd Partnershipaskebsa.dol.gov
  • Jun 1, 2024Assets changed
    Building Trades United Pension Trust Fund Milwaukee and Vicinity plan assets $2.9B -> $3.3B (+10.5%, 2023-06-01 to 2024-06-01)
    askebsa.dol.gov
  • May 31, 2024Holding endedinference
    Building Trades United Pension Trust Fund Milwaukee and Vicinity no longer reports Wellington Cif II Quality Value S1 (Wellington Fd) (last held $73M at 2023-05-31; absent from the 2024-05-31 filing)
    with Wellington Fdaskebsa.dol.gov
  • May 31, 2024Holding endedinference
    Building Trades United Pension Trust Fund Milwaukee and Vicinity no longer reports International Fund LLC (Nuveen, LLC) (last held $48M at 2023-05-31; absent from the 2024-05-31 filing)
    with Nuveen, LLCaskebsa.dol.gov
  • May 31, 2024Assets changed
    Building Trades United Pension Trust Fund Milwaukee and Vicinity total assets $3.0B -> $3.3B (+10.7%, 2023-05-31 to 2024-05-31)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Parametric Portfolio Associates, Ll appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as investment manager (plan year 2023 vs 2022)
    with Parametric Portfolio Associatesaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Paramatric no longer appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as investment manager (plan year 2023 vs 2022)
    with Parametric Defensive Equity Fundaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Bayside Capital, Inc no longer appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as investment manager (plan year 2023 vs 2022)
    with Bayside Capital, Incaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Neuberger Berman appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as investment manager (plan year 2023 vs 2022)
    with Neuberger Bermanaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Balance Financial Services Inc no longer appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Balance Financial Services Incaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    H.I.G. Capital, LLC appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as investment manager (plan year 2023 vs 2022)
    with H.I.G Capital, LLCaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    The Segal Company appears on Building Trades United Pension Trust Fund Milwaukee and Vicinity's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Segalaskebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 516049409-001
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.