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

Carpenters Labor-Management Pension Plan

Taft-Hartley planLOS Angeles, CA
Assets
n/a
Total assets, Dec 31, 2025 reported
Funded
116.5%
Jan 1, 2025
Private markets target
n/a
policy Dec 31, 2024
Commitments
13
11 managers on Schedule C
Plan sponsor: United Brotherhood of Carpenters Labor-Mgmt Pf Trustee
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 12.2%
  • Non-interest-bearing cash 0.8%
  • Corporate debt instruments (other) 4.9%
  • U.S. Government securities 3.6%
  • Partnership/joint venture interests 17.6%
  • Common/collective trusts 46.2%
  • Common stock 0.0%
  • Preferred stock 0.0%
Consultants and advisers
9 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
13 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$6.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$7.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$6.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$20,536 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Jpmcb Core Bond Fundcollective trustJP Morgan Core Bond FundFixed income$63.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024UBC Russell 3000 Index Trustcollective trustInvesco Trust CompanyPooled vehicles$463M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$6.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$10,537 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023UBC Russell 3000 Index Trustcollective trustInvesco Trust CompanyPooled vehicles$188M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$9.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$8.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$29,583 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022UBC Russell 3000 Index Trustcollective trustInvesco Trust CompanyPooled vehicles$163M heldDisclosed holdingaskebsa.dol.gov
Size and funding
40 readings
Total assets
$0 Dec 31, 2025 reported Form 5500
$1.2B (2024-12) · $777M (2023-12) · $370M (2022-12)
Plan assets
$1.2B Jan 1, 2025 reported Form 5500
$776M (2024-01) · $369M (2023-01) · $438M (2022-01)
Net assets
$0 Dec 31, 2025 reported Form 5500
$1.2B (2024-12) · $776M (2023-12) · $370M (2022-12)
Funded ratio
116.5% Jan 1, 2025 reported Form 5500
111.1% (2024-01) · 113.8% (2023-01) · 110.9% (2022-01)
Participants
24,299 Jan 1, 2025 reported Form 5500
9,456 (2024-01) · 9,731 (2023-01) · 9,599 (2022-01)
Contributions
$18.8M Dec 31, 2025 reported Form 5500
$21.7M (2024-12) · $10.2M (2023-12) · $11.5M (2022-12)
Benefits paid
$39.2M Dec 31, 2025 reported Form 5500
$54.8M (2024-12) · $24.4M (2023-12) · $24.5M (2022-12)
Net investment income
$30.9M Dec 31, 2025 reported Form 5500
$77.5M (2024-12) · $26.2M (2023-12) · $-67.5M (2022-12)
Investment management fees
$1.3M Dec 31, 2025 reported Form 5500
$2.2M (2024-12) · $2.1M (2023-12) · $1.8M (2022-12)
Form 5500 filings
4 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2025 to Dec 31, 202524,299n/an/an/a$0$0n/an/a
2024 to Dec 31, 20249,456n/an/an/a$1.2B$208Mn/an/a
2023 to Dec 31, 20239,731n/an/an/a$777M$138Mn/an/a
2022 to Dec 31, 20229,599n/an/an/a$370M$106Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Southern Benefit Administrators Inc codes 14 50 $585,301 PY2025
  • Blackstone Group codes 28 51 $515,713 PY2025
  • Cheiron, Inc. codes 11 16 $221,736 PY2025
  • Alan Biller & Associates codes 27 50 $130,000 PY2025
  • The Youngdahl Law Firm codes 29 $102,829 PY2025
  • Dodge and Cox codes 19 $56,888 PY2025
  • Heitman codes 10 15 28 $55,732 PY2025
  • Camden Asset Management codes 52 68 $49,086 PY2025
  • Shanley, Apc codes 29 $45,761 PY2025
  • Stranch, Jennings & Garvey PLLC codes 29 $37,990 PY2025
  • Comerica codes 19 50 $34,864 PY2025
  • Hamilton Lane codes 28 $32,386 PY2025
  • Calibre CPA Group, PLLC codes 10 $28,290 PY2025
  • Victory Capital Management codes 28 $26,181 PY2025
  • Blackrock codes 28 51 $23,274 PY2025
  • JP Morgan Chase Bank, National Asso codes 24 27 28 $22,918 PY2025
  • BNY Mellon codes 28 $21,630 PY2025
  • Region Bank codes 19 65 $21,054 PY2025
  • Ara codes 28 51 $19,435 PY2025
  • Invesco Advisers, Inc. codes 51 $14,928 PY2025
  • National Investment Services codes 28 $12,339 PY2025
  • Prudential Prisa codes 28 $10,029 PY2025
  • Stealth Office Products codes 36 $7,505 PY2025
  • Longview Ultra 1 Construction Loan Sched. D C PY2025
  • JP Morgan Core Bond Fund Sched. D C PY2025
  • UBC Russell 3000 Index Trust Sched. D C PY2025
  • Afl-Cio Building Investment Trust Sched. D C PY2025
  • Prin U.S. Property Sa- Pgi3 Sched. D P PY2025
  • Newtower Trust Company Multi-Employ Sched. D C PY2025
  • Cheiron, Inc. codes 11 PY2025
  • Blackstone Group codes $1.0M PY2024
  • Southern Benefit Administrators Inc codes 14 $707,152 PY2024
  • Cheiron, Inc. codes 11 17 50 $648,479 PY2024
  • Alan Biller & Associates codes 27 50 $190,000 PY2024
  • Heitman codes 10 15 28 50 $175,181 PY2024
  • Gerding Edlen codes 28 51 $170,770 PY2024
  • Shanley, Apc codes 29 $169,502 PY2024
  • Mesa West codes 28 51 $130,000 PY2024
  • Greenbriar Equity Group, L.P. codes 28 51 $71,615 PY2024
  • Hggc codes $71,351 PY2024
  • GI Partners codes $62,778 PY2024
  • Thomabravo codes 28 51 $61,271 PY2024
  • Dodge and Cox codes $56,590 PY2024
  • Camden codes $55,307 PY2024
  • Calibre CPA Group, PLLC codes 10 $55,283 PY2024
  • Segal codes $47,190 PY2024
  • Comerica codes $46,518 PY2024
  • Genstar Capital codes 28 51 $44,808 PY2024
  • Ara codes $39,062 PY2024
  • Yousif Capital Management codes 28 51 $36,340 PY2024
  • Region Bank codes $33,786 PY2024
  • The Youngdahl Law Firm codes $32,337 PY2024
  • Audax Management Company, LLC codes 72 $29,250 PY2024
  • Gcm codes $27,092 PY2024
  • US Bank codes $23,311 PY2024
  • Invesco Trust Company codes 28 $15,964 PY2024
  • Stacey Braun codes $9,219 PY2024
  • Afl-Cio Building Investment Trust Sched. D C $6.3M PY2024
  • Newtower Trust Company Multi-Employ Sched. D C $6.1M PY2024
  • Prin U.S. Property Sa- Pgi3 Sched. D P $7.2M PY2024
  • UBC Russell 3000 Index Trust Sched. D C $463M PY2024
  • Longview Ultra 1 Construction Loan Sched. D C $20,536 PY2024
  • JP Morgan Core Bond Fund Sched. D C $63.2M PY2024
  • Cheiron, Inc. codes 11 PY2024
  • Blackstone Group codes 51 $769,790 PY2023
  • Cheiron, Inc. codes 11 17 50 $418,584 PY2023
  • Southern Benefit Administrators Inc codes 14 50 $281,162 PY2023
  • Heitman codes 10 15 28 50 $248,091 PY2023
  • Gerding Edlen codes 28 51 $200,817 PY2023
  • Shanley, Apc codes 29 $198,482 PY2023
  • Alan Biller & Associates codes 27 50 $140,000 PY2023
  • Mesa West codes 28 51 $130,000 PY2023
  • Calibre CPA Group, PLLC codes 10 $127,373 PY2023
  • Greenbriar Equity Group, L.P. codes 28 51 $91,476 PY2023
  • Audax Management Company, LLC codes 72 $70,523 PY2023
  • Blackrock codes 28 51 $66,250 PY2023
  • Thomabravo codes 28 51 $50,480 PY2023
  • Genstar Capital codes 28 51 $48,870 PY2023
  • Yousif Capital Management codes 28 51 $45,013 PY2023
  • Bernhard Capital Partners codes 28 51 $26,326 PY2023
What changed
37 events
  • Dec 31, 2025Manager relationship endedinference
    Greenbriar Equity Group, L.P. no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Greenbriar Equity Group LPaskebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    Ara appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with American Realty Advisorsaskebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    Blackstone Group appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Blackstone Infrastructure Partnersaskebsa.dol.gov
  • Dec 31, 2025Manager relationship endedinference
    Mesa West no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Mesa Westaskebsa.dol.gov
  • Dec 31, 2025Manager relationship endedinference
    Genstar Capital no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Genstar Capitalaskebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    Hamilton Lane appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Hamilton Laneaskebsa.dol.gov
  • Dec 31, 2025Manager relationship endedinference
    Invesco Trust Company no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Invesco Trust Companyaskebsa.dol.gov
  • Dec 31, 2025Manager relationship endedinference
    Yousif Capital Management no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Yousif Capital Managementaskebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    National Investment Services appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with National Investment Svcs of Ameraskebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    Victory Capital Management appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Victory Capital Managementaskebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    Prudential Prisa appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Prudential Insurance Company of Ameaskebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    Blackrock appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Blackrock Institutional Trust Co,naaskebsa.dol.gov
  • Dec 31, 2025Manager relationship endedinference
    Gerding Edlen no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Gerding Edlenaskebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    BNY Mellon appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2025Manager relationship started
    JP Morgan Chase Bank, National Asso appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Jpmorgan Chase Bank, N.A.askebsa.dol.gov
  • Dec 31, 2025Manager relationship endedinference
    Thomabravo no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)
    with Thomabravoaskebsa.dol.gov
  • Dec 31, 2025Assets changed
    Carpenters Labor-Management Pension Plan total assets $1.2B -> $0 (-100.0%, 2024-12-31 to 2025-12-31)
    askebsa.dol.gov
  • Jan 1, 2025Funded status changed
    Carpenters Labor-Management Pension Plan funded ratio 111.1% -> 116.5% (2024-01-01 to 2025-01-01)
    askebsa.dol.gov
  • Jan 1, 2025Assets changed
    Carpenters Labor-Management Pension Plan plan assets $776M -> $1.2B (+52.2%, 2024-01-01 to 2025-01-01)
    askebsa.dol.gov
  • Dec 31, 2024Holding started
    Carpenters Labor-Management Pension Plan first reports an interest in Jpmcb Core Bond Fund (JP Morgan Core Bond Fund): $63M at 2024-12-31
    with JP Morgan Core Bond Fundaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Carpenters Labor-Management Pension Plan first reports an interest in Principal U.S. Property Sa-Z (Principal): $7M at 2024-12-31
    with Principalaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Bernhard Capital Partners no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Bernhard Capital Partnersaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Blackrock no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Blackrock Institutional Trust Co,naaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    Carpenters Labor-Management Pension Plan total assets $777M -> $1.2B (+52.2%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Carpenters Labor-Management Pension Plan funded ratio 113.8% -> 111.1% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2024Assets changed
    Carpenters Labor-Management Pension Plan plan assets $369M -> $776M (+110.1%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Cheiron, Inc. appears on Carpenters Labor-Management Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Cheironaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Related Ubc Opportunity Fund no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Related Ubc Opportunity Fundaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    The Segal Company, Inc. no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with The Segal Co. (eastern States) Inc.askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Blackstone Group no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Blackstone Infrastructure Partnersaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Blackrock appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Blackrock Institutional Trust Co,naaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Invesco Trust Company appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Invesco Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    General Atlantic no longer appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with General Atlanticaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Greenbriar Equity Group, L.P. appears on Carpenters Labor-Management Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Greenbriar Equity Group LPaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Carpenters Labor-Management Pension Plan total assets $370M -> $777M (+109.7%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Carpenters Labor-Management Pension Plan funded ratio 110.9% -> 113.8% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Carpenters Labor-Management Pension Plan plan assets $438M -> $369M (-15.6%, 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 516091982-001
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.