Smart Local Unions and Councils Pension Fund
Taft-Hartley plan, based in Falls Church, Virginia, reporting $397M in assets, for 3,024 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: Dec 31, 2024, Smart Local Unions and Councils Pension Fund no longer reports ASB Labor Equity Index Fund (Afl-Cio Equity Fund) (last held $48 at 2023-12-31; absent from the 2024-12-31 filing).
4 more advisers, 1 more manager and 20 more commitments
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Legal & General S&p 4003 commitments
- Separate Account J3 commitments
- EB Dv Nsl Emerging Markets Sif3 commitments
- BNY Mellon9 commitments
- Legal and General6 commitments
- Chevy Chase Trust Company5 commitments
Relationship network
45 connected entities23 observed commitments13 repeat counterpartiescommitments 2022 to 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesTaft-Hartley planShowHide
Allocation policy
- Interest-bearing cash 2.3%
- Non-interest-bearing cash 0.3%
- Corporate debt instruments (other) 9.4%
- U.S. Government securities 8.5%
- Partnership/joint venture interests 18.3%
- Common/collective trusts 32.5%
- Pooled separate accounts 4.7%
- Registered investment companies 7.3%
- Common stock 15.7%
- Real estate (other than employer real property) 0.3%
Consultants and advisers
- Morgan Stanley Smith Barney, LLC Investment adviser (plan)through Dec 31, 2023 Form 5500
- Portfolio Evaluations, Inc. Investment adviser (plan)through Dec 31, 2022 Form 5500
- Morgan Stanley Smith Barney Investment adviser (plan)through Dec 31, 2022 Form 5500
+4 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- BNY Mellon9 rows, latest Dec 31, 2024
- Legal and General6 rows, latest Dec 31, 2024
- Chevy Chase Trust Company5 rows, latest Dec 31, 2024
+1 more manager received commitments
Every name, record and relationship behind this count, with the source on each.
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- Chevy Chaseplan years
- Chevy Chase Trust Companyplan years
- National Investment Servicesplan years 2024
+12 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
7 days of DFX Intelligence free, then $199/month unless canceled.
What changed
- Dec 31, 2024Holding endedinferenceSmart Local Unions and Councils Pension Fund no longer reports ASB Labor Equity Index Fund (Afl-Cio Equity Fund) (last held $48 at 2023-12-31; absent from the 2024-12-31 filing)with Chevy Chase Trust Companyaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedWestfield Capital Management appears on Smart Local Unions and Councils Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)with Westfield Capital Management Companaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedNational Investment Services appears on Smart Local Unions and Councils Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)with National Investment Servicesaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedSegal Bryant & Hammill appears on Smart Local Unions and Councils Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)with Segal, Bryant & Hammillaskebsa.dol.gov
- Jan 1, 2023Assets changedSmart Local Unions and Councils Pension Fund plan assets $414M -> $348M (-16.0%, 2022-01-01 to 2023-01-01)
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Legal & General S&p 400collective trust | Chevy Chase Trust Company | Pooled vehicles | $13.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Separate Account Jseparate account | Ullico Investment Advisors, Inc. | Pooled vehicles | $18.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | EB Dv Nsl Emerging Markets Sifcollective trust | BNY Mellon | Public equity | $9.6M held | Disclosed holding | askebsa.dol.gov |
+20 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 3,024 | Not disclosed | Not disclosed | n/a | $397M | $72.5M | Not disclosed | $1.1M |
| 2023 to Dec 31, 2023 | 2,905 | Not disclosed | Not disclosed | n/a | $375M | $43.8M | Not disclosed | $1.9M |
| 2022 to Dec 31, 2022 | 2,916 | Not disclosed | Not disclosed | n/a | $349M | $40.1M | Not disclosed | $2.5M |
- Smwnpf codes 10 12 50 $485,258 PY2024
- Morgan Stanley Smith Barney LLC codes 27 33 50 $401,937 PY2024
- Graystone Consulting codes 28 33 50 51 $233,593 PY2024
+77 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Smart Local Unions and Councils Pension Fund sits on 8 traced paths of capital across the graphs.
DFX traced 8 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Holding in a pooled vehicle ended2024-12-31source on record
- Manager relationship started2024-12-31source on record
- Manager relationship started2024-12-31source on record
+2 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+23 connections on the graph
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