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

Pension Fund of Heat and Frost Insulators Local 12

Taft-Hartley planLong Island City, NY
Assets
$171M
Total assets, Dec 31, 2025 reported
Funded
120.6%
Jan 1, 2025
Private markets target
n/a
policy Dec 31, 2025
Commitments
29
13 managers on Schedule C
Plan sponsor: Board of Trustees Pension Fund of Heat and Frost Insulators Local 12
Allocation policy
Form 5500, as of Dec 31, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.4%
  • Non-interest-bearing cash 0.4%
  • Corporate debt instruments (other) 2.5%
  • U.S. Government securities 0.0%
  • Insurance company general account 5.0%
  • Other investments 0.0%
  • Other loans 0.9%
  • Partnership/joint venture interests 7.3%
  • 103-12 investment entities 2.6%
  • Common/collective trusts 14.3%
  • Pooled separate accounts 3.0%
  • Registered investment companies 5.4%
  • Common stock 57.2%
Consultants and advisers
8 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
Commitments
29 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2025Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$3.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2025Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$1.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2025Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$4.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2025Blackrock Msci Acwi Ex-Us Index Fdcollective trustGreat Gray Trust Company, LLCPooled vehicles$4.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2025Longview Largecap 500 Index Fundcollective trustAmalgamated Bank of New YorkPooled vehicles$8.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2025Mackay Shields Collective Investmencollective trustSEI Trust CompanyPooled vehicles$11.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Blackrock Msci Acwi Ex-Us Index Fdcollective trustWilmington Trust N.A.Pooled vehicles$3.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024International Equity Fund103 12 ieRBC Global Asset Management (U.S.) Inc.Public equity$4.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Longview Largecap 500 Index Fundcollective trustAmalgamated Bank of New YorkPooled vehicles$2.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mackay Shields Collective Investmencollective trustSEI Trust CompanyPooled vehicles$9.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$3.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$1.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$4.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$3.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Longview Largecap 500 Index Fundcollective trustAmalgamated Bank of New YorkPooled vehicles$3.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Longview Midcap 400 Index Fundcollective trustAmalgamated Bank of New YorkPooled vehicles$6.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023International Equity Fund103 12 ieRBC Global Asset Management (U.S.) Inc.Public equity$4.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$1.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Mackay Shields Collective Investmencollective trustSEI Trust CompanyPooled vehicles$8.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Blackrock Msci Acwi Ex-Us Index Fdcollective trustWilmington Trust, N.A.Pooled vehicles$3.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$3.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$3.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Longview Largecap 500 Index Fundcollective trustAmalgamated Bank of New YorkPooled vehicles$2.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Longview Midcap 400 Index Fundcollective trustAmalgamated Bank of New YorkPooled vehicles$6.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022International Equity Fund103 12 ieRBC Global Asset Management (U.S.) Inc.Public equity$3.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$1.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Mackay Shields Collective Investmencollective trustSEI Trust CompanyPooled vehicles$8.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Blackrock Msci Acwi Ex-Us Index Fdcollective trustWilmington Trust, N.A.Pooled vehicles$3.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$3.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
40 readings
Total assets
$171M Dec 31, 2025 reported Form 5500
$155M (2024-12) · $141M (2023-12) · $126M (2022-12)
Plan assets
$150M Jan 1, 2025 reported Form 5500
$135M (2024-01) · $120M (2023-01) · $137M (2022-01)
Net assets
$165M Dec 31, 2025 reported Form 5500
$150M (2024-12) · $135M (2023-12) · $120M (2022-12)
Funded ratio
120.6% Jan 1, 2025 reported Form 5500
118.9% (2024-01) · 116.9% (2023-01) · 116.8% (2022-01)
Participants
910 Jan 1, 2025 reported Form 5500
924 (2024-01) · 954 (2023-01) · 945 (2022-01)
Contributions
$4.3M Dec 31, 2025 reported Form 5500
$4.4M (2024-12) · $4.2M (2023-12) · $4.6M (2022-12)
Benefits paid
$6.9M Dec 31, 2025 reported Form 5500
$6.7M (2024-12) · $6.0M (2023-12) · $5.2M (2022-12)
Net investment income
$15.3M Dec 31, 2025 reported Form 5500
$14.4M (2024-12) · $14.7M (2023-12) · $-16.8M (2022-12)
Investment management fees
$908,452 Dec 31, 2025 reported Form 5500
$854,047 (2024-12) · $620,434 (2023-12) · $917,913 (2022-12)
Form 5500 filings
4 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2025 to Dec 31, 2025910n/an/an/a$171M$12.5Mn/an/a
2024 to Dec 31, 2024924n/an/an/a$155M$11.4Mn/an/a
2023 to Dec 31, 2023954n/an/an/a$141M$10.0Mn/an/a
2022 to Dec 31, 2022945n/an/an/a$126M$8.6Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
17 events
  • Dec 31, 2025Holding endedinference
    Pension Fund of Heat and Frost Insulators Local 12 no longer reports International Equity Fund (last held $4M at 2024-12-31; absent from the 2025-12-31 filing)
    with International Equity Fundaskebsa.dol.gov
  • Dec 31, 2025Manager relationship endedinference
    RBC Global Asset Management no longer appears on Pension Fund of Heat and Frost Insulators Local 12's Schedule C as investment manager (plan year 2025 vs 2024)
    with RBC Global Asset Management Inc.askebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    Cirrus Real Estate appears on Pension Fund of Heat and Frost Insulators Local 12's Schedule C as investment manager (plan year 2025 vs 2024)
    with Cirrus Real Estateaskebsa.dol.gov
  • Dec 31, 2025Assets changed
    Pension Fund of Heat and Frost Insulators Local 12 total assets $155M -> $171M (+10.0%, 2024-12-31 to 2025-12-31)
    askebsa.dol.gov
  • Jan 1, 2025Assets changed
    Pension Fund of Heat and Frost Insulators Local 12 plan assets $135M -> $150M (+10.6%, 2024-01-01 to 2025-01-01)
    askebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Pension Fund of Heat and Frost Insulators Local 12 no longer reports Longview Midcap 400 Index Fund (Amalgamated Bank of New York) (last held $6M at 2023-12-31; absent from the 2024-12-31 filing)
    with Amalgamated Bank of New Yorkaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Madison Investment Advisors appears on Pension Fund of Heat and Frost Insulators Local 12's Schedule C as investment manager (plan year 2024 vs 2023)
    with Madison Investment Advisors, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Boyd Watterson Asset Management LLC appears on Pension Fund of Heat and Frost Insulators Local 12's Schedule C as investment manager (plan year 2024 vs 2023)
    with Boyd Watterson Asset Managementaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    Pension Fund of Heat and Frost Insulators Local 12 total assets $141M -> $155M (+10.3%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Pension Fund of Heat and Frost Insulators Local 12 funded ratio 116.9% -> 118.9% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2024Assets changed
    Pension Fund of Heat and Frost Insulators Local 12 plan assets $120M -> $135M (+12.2%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    GCM Partners I, L.P. no longer appears on Pension Fund of Heat and Frost Insulators Local 12's Schedule C as investment manager (plan year 2023 vs 2022)
    with GCM Partners I, L.P.askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Ullico Investment Advisors Inc no longer appears on Pension Fund of Heat and Frost Insulators Local 12's Schedule C as investment manager (plan year 2023 vs 2022)
    with Ullico Investment Advisors, Inc.askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Ullico Infrastructure appears on Pension Fund of Heat and Frost Insulators Local 12's Schedule C as investment manager (plan year 2023 vs 2022)
    with Ullico Infrastructureaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Grosvenor Capital Management, LP no longer appears on Pension Fund of Heat and Frost Insulators Local 12's Schedule C as investment manager (plan year 2023 vs 2022)
    with GCM Grosvenor L.P.askebsa.dol.gov
  • Dec 31, 2023Assets changed
    Pension Fund of Heat and Frost Insulators Local 12 total assets $126M -> $141M (+11.9%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Pension Fund of Heat and Frost Insulators Local 12 plan assets $137M -> $120M (-12.2%, 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 516045262-002
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.