Plumbers & Pipefitters Local Unions 502 & 633 Pens
Taft-Hartley plan, based in Troy, Michigan, reporting $623M in assets, for 4,309 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Jul 2025, Plumbers & Pipefitters Local Unions 502 & 633 Pens total assets $555M -> $623M (+12.3%, 2024-07-31 to 2025-07-31).
2 more managers, 15 more commitments and 1 more dated event
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- NIS High Yield Fund, LLC3 commitments
- U.S. Core Partners Collective Inves3 commitments
- Afl-Cio Building Investment Trust3 commitments
- National Investment Svcs of Amer3 commitments
- Great Gray Trust Company3 commitments
- National Investment Services3 commitments
Relationship network
29 connected entities18 observed commitments11 repeat counterparties12 dated commitments shown here, 2023 to 2025
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 1.4%
- Non-interest-bearing cash 1.0%
- Other investments 3.1%
- Partnership/joint venture interests 6.0%
- 103-12 investment entities 3.6%
- Common/collective trusts 12.4%
- Registered investment companies 70.8%
Consultants and advisers
- Strategic Capital Inv Advisors Investment adviser (plan)General consultantthrough Jul 31, 2024 Form 5500
- Segal Actuarythrough Jul 31, 2023 Form 5500
- PNC Bank Trusteethrough Jul 31, 2023 Form 5500
People
Manager roster
- National Investment Svcs of Amer3 rows, latest Jul 31, 2025
- Great Gray Trust Company3 rows, latest Jul 31, 2025
- National Investment Services3 rows, latest Jul 31, 2025
+2 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
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- National Investment Svcs of Amerplan years 2023
- Washington Capital Management, Inc.plan years 2023
- Principal Global Investors LLCplan years 2023
+1 more Schedule C manager
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
- Jul 31, 2025Assets changedPlumbers & Pipefitters Local Unions 502 & 633 Pens total assets $555M -> $623M (+12.3%, 2024-07-31 to 2025-07-31)
- Aug 1, 2024Funded status changedPlumbers & Pipefitters Local Unions 502 & 633 Pens funded ratio 87.1% -> 91.1% (2023-08-01 to 2024-08-01)
- Aug 1, 2024Assets changedPlumbers & Pipefitters Local Unions 502 & 633 Pens plan assets $492M -> $552M (+12.2%, 2023-08-01 to 2024-08-01)
- Jul 31, 2024Assets changedPlumbers & Pipefitters Local Unions 502 & 633 Pens total assets $494M -> $555M (+12.3%, 2023-07-31 to 2024-07-31)
- Dec 31, 2023Consultant changedinferenceThe Segal Company appears on Plumbers & Pipefitters Local Unions 502 & 633 Pens's Schedule C as general consultant (plan year 2023 vs 2022)with Segalaskebsa.dol.gov
+1 more dated event
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Jul 31, 2025 | NIS High Yield Fund, LLCcollective trust | National Investment Svcs of Amer | Fixed income | $2.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Jul 31, 2025 | U.S. Core Partners Collective Invescollective trust | Benefit Trust Company | Pooled vehicles | $7.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Jul 31, 2025 | Afl-Cio Building Investment Trustcollective trust | Great Gray Trust Company | Pooled vehicles | $3.9M held | Disclosed holding | askebsa.dol.gov |
+15 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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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 Jul 31, 2025 | 4,309 | Not disclosed | Not disclosed | n/a | $623M | $37.4M | Not disclosed | Not disclosed |
| 2023 to Jul 31, 2024 | 3,470 | Not disclosed | Not disclosed | n/a | $555M | $43.9M | Not disclosed | Not disclosed |
| 2022 to Jul 31, 2023 | 3,373 | Not disclosed | Not disclosed | n/a | $494M | $46.2M | Not disclosed | Not disclosed |
- Benesys Inc codes 13 49 50 $249,361 PY2024
- National Investment Services codes 28 51 $229,381 PY2024
- Clarion Lion Industrial Trust codes 28 51 $155,206 PY2024
+55 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Plumbers & Pipefitters Local Unions 502 & 633 Pens sits on 5 traced paths of capital across the graphs.
DFX traced 5 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
- Total assets changed2025-07-31source on record
- Funded status changed2024-08-01source on record
- Total assets changed2024-08-01source on record
+3 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
+10 connections on the graph
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