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
Ibew Local Union No. 98, Zone 2 Pension Trust Fund
Taft-Hartley planPhiladelphia, PA
Assets
$119M
Total assets, Dec 31, 2024 reported
Funded
66.9%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
13
none on the tape
Plan sponsor: Ibew Local Union 98
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Interest-bearing cash 2.1%
- Non-interest-bearing cash 0.9%
- Partnership/joint venture interests 20.1%
- 103-12 investment entities 3.6%
- Common/collective trusts 53.2%
- Registered investment companies 18.7%
Consultants and advisers
2 firms
- PNC Bank, National Association Custodianthrough Dec 31, 2022 Form 5500
- Cheiron Actuarythrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on the commitment tape
From the plan’s own commitment disclosures
- ABS Allegiance Real Estate3 rows, latest Dec 31, 2024
- Ullico Investment Advisors2 rows, latest Dec 31, 2024
From Schedule C (investment management, code 28)
- Hamilton Laneplan years 2023
- Ullico Investment Advisors, Inc.plan years 2023
- National Real Estate Advisorsplan years 2022
- ASB Capital Management LLCplan years 2022
- Segal Marco Advisorsplan years 2022
- Ullico Investment Advisorsplan years 2022
Commitments
13 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | ASB Allegiance Real Estate Fundcollective trust | ABS Allegiance Real Estate | Real estate | $7.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Ibew-Neca Equity Index Fundcollective trust | Chevy Chase Trust Company | Public equity | $42.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Harding Loevner International Equitcollective trust | Global Trust Company Harding Loevner | Pooled vehicles | $13.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Ullico Infrastructure Tax Exempt Fu103 12 ie | Ullico Investment Advisors | Infrastructure | $4.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | ASB Allegiance Real Estate Fundcollective trust | ABS Allegiance Real Estate | Real estate | $8.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Ibew-Neca Equity Index Fundcollective trust | Chevy Chase Trust Company | Public equity | $33.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Conning-Goodwin Core Plus Bond Cifcollective trust | Hand Benefits & Trust Company | Fixed income | $19.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Harding Loevner International Equitcollective trust | Global Trust Company Harding Loevner | Pooled vehicles | $13.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Ullico Infrastructure Tax Exempt Fu103 12 ie | Ullico Investment Advisors | Infrastructure | $3.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | ASB Allegiance Real Estate Fundcollective trust | ABS Allegiance Real Estate | Real estate | $11.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Ibew-Neca Equity Index Fundcollective trust | Chevy Chase Trust Company | Public equity | $27.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Conning-Goodwin Core Plus Bond Cifcollective trust | Hand Benefits & Trust Company | Fixed income | $20.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Harding Loevner International Equitcollective trust | Global Trust Company Harding Loevner | Pooled vehicles | $11.8M held | Disclosed holding | askebsa.dol.gov |
Size and funding
30 readings
Investment management fees
$319,882 (2023-12) · $290,417 (2022-12)
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 1,410 | n/a | n/a | n/a | $119M | $23.8M | n/a | n/a |
| 2023 to Dec 31, 2023 | 1,307 | n/a | n/a | n/a | $110M | $23.0M | n/a | n/a |
| 2022 to Dec 31, 2022 | 1,343 | n/a | n/a | n/a | $99.4M | $22.7M | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Cheiron, Inc codes 11 50 $98,226 PY2024
- National Real Estate Advisors codes 28 51 $75,568 PY2024
- ASB Capital Management, Inc. codes 28 51 $75,011 PY2024
- Ullico Investment Advisors, Inc codes 28 51 $65,995 PY2024
- Segal Marco Advisors codes 28 51 $50,000 PY2024
- Novak Francella, LLC codes 10 50 $42,516 PY2024
- Cleary, Josem, & Trigianni LLP codes 29 50 $39,228 PY2024
- Ibew Local 98 codes 15 50 $30,252 PY2024
- PNC Bank, National Association codes 15 19 51 52 $18,946 PY2024
- Kang, Haggerty & Fetbroyt, LLC codes 29 50 $17,275 PY2024
- ASB Allegiance Real Estate Fund Sched. D C $7.2M PY2024
- Ibew Neca Equity Index Fund Sched. D C $42.3M PY2024
- Conning-Goodwin Capital Core Plus B Sched. D C PY2024
- Harding Loevner Intl Equity Sched. D C $13.7M PY2024
- Ullico Infrastructure Tax-Exempt Fd Sched. D E $4.2M PY2024
- Cheiron, Inc codes 11 PY2024
- ASB Capital Management, Inc. codes 28 51 $97,672 PY2023
- Cheiron, Inc codes 11 50 $96,399 PY2023
- National Real Estate Advisors codes 28 51 $87,038 PY2023
- Ullico Investment Advisors, Inc codes 28 50 $63,315 PY2023
- Segal Marco Advisors codes 28 51 $50,000 PY2023
- Novak Francella, LLC codes 10 50 $43,194 PY2023
- Ibew Local 98 codes 15 50 $30,374 PY2023
- Frank M. Vacarro & Associates Inc codes 13 50 $27,600 PY2023
- PNC Bank, National Association codes 15 19 51 52 $17,108 PY2023
- Cleary, Josem, & Trigianni LLP codes 29 50 $14,332 PY2023
- Kang, Haggerty & Fetbroyt, LLC codes 29 50 $9,038 PY2023
- Hamilton Lane Advisors, LLC codes 28 52 PY2023
- Ibew Neca Equity Index Fund Sched. D C $33.8M PY2023
- Conning-Goodwin Capital Core Plus B Sched. D C $19.4M PY2023
- Ullico Infrastructure Tax Exempt Fd Sched. D E $3.9M PY2023
- Harding Loevner Intl Equity Sched. D C $13.5M PY2023
- ASB Allegiance Real Estate Fund Sched. D C $8.8M PY2023
- Cheiron, Inc codes 11 PY2023
- ASB Capital Management, Inc. codes 28 50 72 $115,667 PY2022
- Cheiron, Inc codes 11 50 $93,304 PY2022
- National Real Estate Advisors codes 28 51 $85,581 PY2022
- Segal Marco Advisors codes 28 51 $50,000 PY2022
- Novak Francella, LLC codes 10 50 $40,356 PY2022
- Ibew Local No 98 codes 15 50 $30,303 PY2022
- Frank M. Vacarro & Associates Inc codes 13 50 $25,000 PY2022
- Ullico Infratructure Fund LP codes 28 50 $19,384 PY2022
- PNC Bank, National Association codes 15 19 51 52 $15,250 PY2022
- Cleary, Josem, & Trigianni LLP codes 29 50 $8,605 PY2022
- Kang, Haggerty & Fetbroyt, LLC codes 29 50 $5,057 PY2022
- Harding Loevner Intl Equity Sched. D C $11.8M PY2022
- ASB Allegiance Real Estate Fund Sched. D C $11.5M PY2022
- Ibew Neca Equity Index Fund Sched. D C $27.2M PY2022
- Conning-Goodwin Capital Core Plus B Sched. D C $20.0M PY2022
- Cheiron, Inc codes 11 PY2022
What changed
10 events
- Dec 31, 2024Holding endedinferenceIbew Local Union No. 98, Zone 2 Pension Trust Fund no longer reports Conning-Goodwin Core Plus Bond Cif (last held $19M at 2023-12-31; absent from the 2024-12-31 filing)with Conning-Goodwin Core Plus Bond Cifaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceHamilton Lane Advisors, LLC no longer appears on Ibew Local Union No. 98, Zone 2 Pension Trust Fund's Schedule C as investment manager (plan year 2024 vs 2023)with Hamilton Laneaskebsa.dol.gov
- Jan 1, 2024Funded status changedIbew Local Union No. 98, Zone 2 Pension Trust Fund funded ratio 63.2% -> 66.9% (2023-01-01 to 2024-01-01)
- Jan 1, 2024Assets changedIbew Local Union No. 98, Zone 2 Pension Trust Fund plan assets $99M -> $109M (+10.2%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Holding startedIbew Local Union No. 98, Zone 2 Pension Trust Fund first reports an interest in Ullico Infrastructure Tax Exempt Fu (Ullico Investment Advisors): $4M at 2023-12-31with Ullico Investment Advisorsaskebsa.dol.gov
- Dec 31, 2023Manager relationship startedUllico Investment Advisors, Inc appears on Ibew Local Union No. 98, Zone 2 Pension Trust Fund's Schedule C as investment manager (plan year 2023 vs 2022)with Ullico Investment Advisors, Inc.askebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceUllico Infratructure Fund LP no longer appears on Ibew Local Union No. 98, Zone 2 Pension Trust Fund's Schedule C as investment manager (plan year 2023 vs 2022)with Ullico Investment Advisorsaskebsa.dol.gov
- Dec 31, 2023Manager relationship startedHamilton Lane Advisors, LLC appears on Ibew Local Union No. 98, Zone 2 Pension Trust Fund's Schedule C as investment manager (plan year 2023 vs 2022)with Hamilton Laneaskebsa.dol.gov
- Dec 31, 2023Assets changedIbew Local Union No. 98, Zone 2 Pension Trust Fund total assets $99M -> $110M (+10.3%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedIbew Local Union No. 98, Zone 2 Pension Trust Fund funded ratio 59.4% -> 63.2% (2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 236583334-001
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.