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

Iron Workers Locals 40, 361 & 417 Pension Fund

Taft-Hartley planNEW York, NY
Assets
$729M
Total assets, Dec 31, 2024 reported
Funded
89.7%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
7
2 managers on Schedule C
Plan sponsor: Board of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.7%
  • Non-interest-bearing cash 0.7%
  • Corporate debt instruments (other) 14.1%
  • Corporate debt instruments (preferred) 3.1%
  • U.S. Government securities 11.7%
  • Other investments 0.3%
  • Partnership/joint venture interests 6.2%
  • Common/collective trusts 6.4%
  • Pooled separate accounts 0.9%
  • Registered investment companies 13.8%
  • Common stock 37.3%
  • Real estate (other than employer real property) 4.0%
Consultants and advisers
13 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
7 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$6.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym-M Db Nsl Intl Sifcollective trustBNY MellonPooled vehicles$34.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024EB Temporary Investmentcollective trustBNY MellonPooled vehicles$12.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$6.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Bnym-M Db Nsl Intl Sifcollective trustBNY MellonPooled vehicles$17.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023EB Temporary Investmentcollective trustBNY MellonPooled vehicles$11.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022EB Temporary Investment Fundcollective trustBank of New York MellonPooled vehicles$14.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$729M Dec 31, 2024 reported Form 5500
$672M (2023-12) · $642M (2022-12)
Plan assets
$669M Jan 1, 2024 reported Form 5500
$616M (2023-01) · $702M (2022-01)
Net assets
$706M Dec 31, 2024 reported Form 5500
$669M (2023-12) · $616M (2022-12)
Funded ratio
89.7% Jan 1, 2024 reported Form 5500
88.3% (2023-01) · 88.3% (2022-01)
Participants
4,793 Jan 1, 2024 reported Form 5500
4,871 (2023-01) · 4,944 (2022-01)
Contributions
$46.0M Dec 31, 2024 reported Form 5500
$47.8M (2023-12) · $51.7M (2022-12)
Benefits paid
$62.8M Dec 31, 2024 reported Form 5500
$55.9M (2023-12) · $52.7M (2022-12)
Net investment income
$36.4M Dec 31, 2024 reported Form 5500
$53.3M (2023-12) · $-85.9M (2022-12)
Investment management fees
$2.1M Dec 31, 2024 reported Form 5500
$1.6M (2023-12) · $1.7M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20244,793n/an/an/a$729M$45.3Mn/a$29.1M
2023 to Dec 31, 20234,871n/an/an/a$672M$46.9Mn/a$29.1M
2022 to Dec 31, 20224,944n/an/an/a$642Mn/an/a$29.1M
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
14 events
  • Dec 31, 2024Manager relationship started
    WCM Focused Int'l Growth Fund LP appears on Iron Workers Locals 40, 361 & 417 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with WCM Focused Intl Growth Fund, LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    WCM Investment Management, LLC no longer appears on Iron Workers Locals 40, 361 & 417 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with WCM Investment Management, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Western Asset Management Co LLC no longer appears on Iron Workers Locals 40, 361 & 417 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Legg Mason, Inc and Subsidiariesaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Iron Workers Locals 40, 361 & 417 Pension Fund no longer reports EB Temporary Investment Fund (Bank of New York Mellon) (last held $15M at 2022-12-31; absent from the 2023-12-31 filing)
    with Bank of New York Mellonaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Iron Workers Locals 40, 361 & 417 Pension Fund first reports an interest in Separate Account J (Ullico Investment Advisors, Inc.): $6M at 2023-12-31
    with Ullico Investment Advisors, Inc.askebsa.dol.gov
  • Dec 31, 2023Holding started
    Iron Workers Locals 40, 361 & 417 Pension Fund first reports an interest in Bnym-M Db Nsl Intl Sif (BNY Mellon): $17M at 2023-12-31
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Iron Workers Locals 40, 361 & 417 Pension Fund first reports an interest in EB Temporary Investment (BNY Mellon): $12M at 2023-12-31
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Inter Continental Real Estate Corp no longer appears on Iron Workers Locals 40, 361 & 417 Pension Fund's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)
    with Inter Continental Real Estate Corpaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    BNY Mellon appears on Iron Workers Locals 40, 361 & 417 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Union Labor Life Insurance Company appears on Iron Workers Locals 40, 361 & 417 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Union Labor Life Insurance Companyaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Intercontinental Real Estate Corp appears on Iron Workers Locals 40, 361 & 417 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with International Real Estate Corporatiaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    WCM Investment Management, LLC appears on Iron Workers Locals 40, 361 & 417 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with WCM Investment Management, LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Dolan Mceniry Capital Mgmt LLC appears on Iron Workers Locals 40, 361 & 417 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Dolan Mceniry Capital Mgt LLCaskebsa.dol.gov
  • Jan 1, 2023Assets changed
    Iron Workers Locals 40, 361 & 417 Pension Fund plan assets $702M -> $616M (-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 516102576-001
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.