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

Sheet Metal Workers Pension Fund of Local Union No. 19

Taft-Hartley planPhiladelphia, PA
Assets
$519M
Total assets, Apr 30, 2025 reported
Funded
80.8%
May 1, 2024
Private markets target
n/a
policy Apr 30, 2025
Commitments
18
none on the tape
Plan sponsor: Sheet Metal Workers Pension Fund of Local Union
Allocation policy
Form 5500, as of Apr 30, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 1.1%
  • Non-interest-bearing cash 0.8%
  • Corporate debt instruments (other) 9.8%
  • U.S. Government securities 7.1%
  • Other investments 0.9%
  • Partnership/joint venture interests 30.1%
  • 103-12 investment entities 8.3%
  • Common/collective trusts 31.2%
  • Common stock 9.5%
Consultants and advisers
5 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
From Schedule C (investment management, code 28)
Commitments
18 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Apr 30, 2025Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$18.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Hardman Johnston Int'l Equity Group103 12 ieJohnston International EquityPublic equity$28.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NT Collective Russell 1000 Growth Icollective trustNorthern Trust Collective Eafe IndePooled vehicles$73.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NT Coll Russell 1000 Val in Fdcollective trustNorthern Trust Collective Eafe IndePooled vehicles$69.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Wacap - O Direct Lending Fund Unlev103 12 ieWashington Capital Management IncPrivate credit$7.2M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Wacap Sp Infrastructure Fund IV Fee103 12 ieWcap - Sp Infrastructure Fund IV FInfrastructure$7.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$19.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Hardman Johnston Int'l Equity Group103 12 ieJohnston International EquityPublic equity$23.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NT Collective Russell 1000 Growth Icollective trustNorthern Trust Collective Eafe IndePooled vehicles$35.6M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NT Coll Russell 1000 Val in Fdcollective trustNorthern Trust Collective Eafe IndePooled vehicles$36.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024International Equity Fund103 12 ieRBC Global Asset ManagementPublic equity$27.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Wacap - O Direct Lending Fund Unlev103 12 ieWashington Capital Management IncPrivate credit$3.4M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Wacap Sp Infrastructure Fund IV Fee103 12 ieWcap - Sp Infrastructure Fund IV FInfrastructure$6.6M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$22.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Hardman Johnston Int'l Equity Group103 12 ieJohnston International EquityPublic equity$19.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NT Collective Russell 1000 Growth Icollective trustNorthern Trust Collective Eafe IndePooled vehicles$36.6M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NT Coll Russell 1000 Val in Fdcollective trustNorthern Trust Collective Eafe IndePooled vehicles$32.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023RBC Gam International Fund103 12 ieRBC Global Asset ManagementPooled vehicles$23.9M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$519M Apr 30, 2025 reported Form 5500
$487M (2024-04) · $470M (2023-04)
Plan assets
$487M May 1, 2024 reported Form 5500
$469M (2023-05) · $474M (2022-05)
Net assets
$519M Apr 30, 2025 reported Form 5500
$487M (2024-04) · $469M (2023-04)
Funded ratio
80.8% May 1, 2024 reported Form 5500
78.0% (2023-05) · 75.5% (2022-05)
Participants
4,236 May 1, 2024 reported Form 5500
4,218 (2023-05) · 4,183 (2022-05)
Contributions
$42.5M Apr 30, 2025 reported Form 5500
$39.6M (2024-04) · $39.6M (2023-04)
Benefits paid
$48.1M Apr 30, 2025 reported Form 5500
$47.5M (2024-04) · $47.0M (2023-04)
Net investment income
$32.0M Apr 30, 2025 reported Form 5500
$17.8M (2024-04) · $-4.6M (2023-04)
Investment management fees
$4.4M Apr 30, 2025 reported Form 5500
$3.8M (2024-04) · $3.8M (2023-04)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Apr 30, 20254,236n/an/an/a$519M$156Mn/an/a
2023 to Apr 30, 20244,218n/an/an/a$487M$127Mn/an/a
2022 to Apr 30, 20234,183n/an/an/a$470M$150Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
10 events
  • Apr 30, 2025Holding endedinference
    Sheet Metal Workers Pension Fund of Local Union No. 19 no longer reports International Equity Fund (last held $27M at 2024-04-30; absent from the 2025-04-30 filing)
    with International Equity Fundaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    RCP Advisors II LLC appears on Sheet Metal Workers Pension Fund of Local Union No. 19's Schedule C as investment manager (plan year 2024 vs 2023)
    with RCP Advisors 2,llcaskebsa.dol.gov
  • May 1, 2024Funded status changed
    Sheet Metal Workers Pension Fund of Local Union No. 19 funded ratio 78.0% -> 80.8% (2023-05-01 to 2024-05-01)
    askebsa.dol.gov
  • Apr 30, 2024Holding endedinference
    Sheet Metal Workers Pension Fund of Local Union No. 19 no longer reports RBC Gam International Fund (last held $24M at 2023-04-30; absent from the 2024-04-30 filing)
    with RBC Gam International Fundaskebsa.dol.gov
  • Apr 30, 2024Holding started
    Sheet Metal Workers Pension Fund of Local Union No. 19 first reports an interest in Wacap Sp Infrastructure Fund IV Fee (Wcap - Sp Infrastructure Fund IV F): $7M at 2024-04-30
    with Wcap - Sp Infrastructure Fund IV Faskebsa.dol.gov
  • Apr 30, 2024Holding started
    Sheet Metal Workers Pension Fund of Local Union No. 19 first reports an interest in International Equity Fund: $27M at 2024-04-30
    with International Equity Fundaskebsa.dol.gov
  • Apr 30, 2024Holding started
    Sheet Metal Workers Pension Fund of Local Union No. 19 first reports an interest in Wacap - O Direct Lending Fund Unlev: $3M at 2024-04-30
    with Wacap - O Direct Lending Fund Unlevaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    NB Alternatives Advisers LLC appears on Sheet Metal Workers Pension Fund of Local Union No. 19's Schedule C as investment manager (plan year 2023 vs 2022)
    with NB Alternatives Advisers, LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    RCP Advisors II LLC no longer appears on Sheet Metal Workers Pension Fund of Local Union No. 19's Schedule C as investment manager (plan year 2023 vs 2022)
    with RCP Advisors 2,llcaskebsa.dol.gov
  • May 1, 2023Funded status changed
    Sheet Metal Workers Pension Fund of Local Union No. 19 funded ratio 75.5% -> 78.0% (2022-05-01 to 2023-05-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 231494364-001
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.