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

Hawaii Electricians Pension Plan

Taft-Hartley planHonolulu, HI
Assets
$391M
Total assets, Sep 30, 2025 reported
Funded
116.6%
Oct 1, 2024
Private markets target
n/a
policy Sep 30, 2025
Commitments
6
4 managers on Schedule C
Plan sponsor: Hawaii Electricians Pension Plan
Allocation policy
Form 5500, as of Sep 30, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 4.1%
  • Non-interest-bearing cash 0.1%
  • Corporate debt instruments (other) 7.5%
  • Corporate debt instruments (preferred) 0.7%
  • U.S. Government securities 2.1%
  • Other investments 17.1%
  • Partnership/joint venture interests 4.9%
  • Common/collective trusts 4.1%
  • Registered investment companies 30.0%
  • Common stock 12.7%
  • Preferred stock 0.8%
  • Real estate (other than employer real property) 0.1%
Consultants and advisers
6 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
6 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Sep 30, 2025Sierra Franklin Eafe Plus Equity Trcollective trustSierra Investmetn Partners, Inc.Public equity$10.0M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2025Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$6.1M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2024Sierra Franklin Eafe Plus Equity Trcollective trustSierra Investmetn Partners, Inc.Public equity$9.6M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2024Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$5.8M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2023Blackrock Russell 1000 Indexcollective trustNorthern Trust Co.Pooled vehicles$7.6M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2023Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$5.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$391M Sep 30, 2025 reported Form 5500
$362M (2024-09) · $315M (2023-09)
Plan assets
$335M Oct 1, 2024 reported Form 5500
$288M (2023-10) · $254M (2022-10)
Net assets
$366M Sep 30, 2025 reported Form 5500
$336M (2024-09) · $288M (2023-09)
Funded ratio
116.6% Oct 1, 2024 reported Form 5500
112.3% (2023-10) · 110.4% (2022-10)
Participants
3,217 Oct 1, 2024 reported Form 5500
3,568 (2023-10) · 3,318 (2022-10)
Contributions
$15.1M Sep 30, 2025 reported Form 5500
$16.0M (2024-09) · $14.6M (2023-09)
Benefits paid
$19.2M Sep 30, 2025 reported Form 5500
$19.2M (2024-09) · $18.9M (2023-09)
Net investment income
$29.8M Sep 30, 2025 reported Form 5500
$47.7M (2024-09) · $33.6M (2023-09)
Investment management fees
$2.2M Sep 30, 2025 reported Form 5500
$2.2M (2024-09) · $1.6M (2023-09)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Sep 30, 20253,217n/an/an/a$391M$19.2Mn/a$315,296
2023 to Sep 30, 20243,568n/an/an/a$362M$19.3Mn/a$446,282
2022 to Sep 30, 20233,318n/an/an/a$315M$17.8Mn/a$597,416
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
11 events
  • Dec 31, 2024Manager relationship endedinference
    Affinity Investment Advisors no longer appears on Hawaii Electricians Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Brandes Investment Partners,l.p.askebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    James W Oellien DBA Hca Hawaii appears on Hawaii Electricians Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with James W Oellien DBA Hca Hawaiiaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    C.M. Bidwell & Associates, LLC no longer appears on Hawaii Electricians Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with C.M. Bidwell & Associates, LLCaskebsa.dol.gov
  • Oct 1, 2024Funded status changed
    Hawaii Electricians Pension Plan funded ratio 112.3% -> 116.6% (2023-10-01 to 2024-10-01)
    askebsa.dol.gov
  • Oct 1, 2024Assets changed
    Hawaii Electricians Pension Plan plan assets $288M -> $335M (+16.5%, 2023-10-01 to 2024-10-01)
    askebsa.dol.gov
  • Sep 30, 2024Holding endedinference
    Hawaii Electricians Pension Plan no longer reports Blackrock Russell 1000 Index (Northern Trust Co.) (last held $8M at 2023-09-30; absent from the 2024-09-30 filing)
    with Northern Trust Co.askebsa.dol.gov
  • Sep 30, 2024Holding started
    Hawaii Electricians Pension Plan first reports an interest in Sierra Franklin Eafe Plus Equity Tr (Sierra Investmetn Partners, Inc.): $10M at 2024-09-30
    with Sierra Investmetn Partners, Inc.askebsa.dol.gov
  • Sep 30, 2024Assets changed
    Hawaii Electricians Pension Plan total assets $315M -> $362M (+15.0%, 2023-09-30 to 2024-09-30)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    SSI Investment Management appears on Hawaii Electricians Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with SSI Investment Managementaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    C.M. Bidwell & Associates, LLC appears on Hawaii Electricians Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with C.M. Bidwell & Associates, LLCaskebsa.dol.gov
  • Oct 1, 2023Assets changed
    Hawaii Electricians Pension Plan plan assets $254M -> $288M (+13.3%, 2022-10-01 to 2023-10-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 996005391-002
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.