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

Iron Workers' Local No. 25 Pension Fund

Taft-Hartley planTroy, MI
Assets
$565M
Total assets, Apr 30, 2025 reported
Funded
65.2%
May 1, 2024
Private markets target
n/a
policy Apr 30, 2025
Commitments
52
3 managers on Schedule C
Plan sponsor: Board of Trustees, Iron Workers Local No. 25
Allocation policy
Form 5500, as of Apr 30, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 2.0%
  • Non-interest-bearing cash 0.8%
  • Corporate debt instruments (other) 7.5%
  • Other investments 0.4%
  • Partnership/joint venture interests 29.0%
  • 103-12 investment entities 11.0%
  • Common/collective trusts 37.5%
  • Registered investment companies 5.5%
  • Common stock 4.4%
Consultants and advisers
6 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
10 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
52 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$22.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$42.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Loomis Sayles Global Growth Trustcollective trustLoomis SaylesPooled vehicles$25.4M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NIS Preferred Stock Qp Fund, LLCcollective trustNational Investment Services of America, LLCPublic equity$2.2M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NIS Total Absolute Return Qp Fundcollective trustNational Investment Services of America, LLCHedge / diversifiers$3.2M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NIS Core Fixed Income Qp Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$39.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025NIS High Yield Qp Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$2.4M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Alcentra Euro Cr Opp Fd III Scsp103 12 ieAlcentra European Credit OppPooled vehicles$4.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Crescent Capital Trust II (levered)collective trustCrescent Capital Collective InvPooled vehicles$11.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$7.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Harbourvest Partners Xi L.P.103 12 ieHarbourvest Partners Xi L.P.Pooled vehicles$8.4M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Lord Abbett St Duration Cred Tst IIcollective trustGreat Gray Trust Company, LLCPooled vehicles$11.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Nhit Strategic Alpha Trustcollective trustLoomis Sayles Trust CompanyPooled vehicles$27.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Inter Enh Core US Rl Est Inc Fdcollective trustGlobal Trust CompanyPooled vehicles$14.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Bnym Mellon Cf Sl Acwi Ex-Us Imi Fdcollective trustThe Bank of New York MellonPooled vehicles$26.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2025Bnym Afl-Cio Cf Sl Stock Index Fundcollective trustThe Bank of New York MellonPublic equity$26.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$12.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$23.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$50.6M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Loomis Sayles Global Growth Trustcollective trustLoomis SaylesPooled vehicles$23.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024BNY Mellon Newton Global Real Returcollective trustBNY MellonPooled vehicles$7.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NIS Preferred Stock Qp Fund, LLCcollective trustNational Investment Services of America, LLCPublic equity$2.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NIS Total Absolute Return Qp Fundcollective trustNational Investment Services of America, LLCHedge / diversifiers$3.4M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NIS Core Fixed Income Qp Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$36.2M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024NIS High Yield Qp Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$1.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Blackrock Global Allocation Collectcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$13.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Alcentra Euro Cr Opp Fd III Scsp103 12 ieAlcentra European Credit OppPooled vehicles$5.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Crescent Capital Trust II (levered)collective trustCrescent Capital Collective InvPooled vehicles$12.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$6.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Harbourvest Partners Xi L.P.103 12 ieHarbourvest Partners Xi L.P.Pooled vehicles$7.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Lord Abbett St Duration Cred Tst IIcollective trustGreat Gray Trust Company, LLCPooled vehicles$10.4M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Nhit Strategic Alpha Trustcollective trustLoomis Sayles Trust CompanyPooled vehicles$25.2M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024Inter Enh Core US Rl Est Inc Fdcollective trustGlobal Trust CompanyPooled vehicles$14.4M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2024International Fund LLC103 12 ieNuveen, LLCPooled vehicles$23.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$5.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Harbourvest Partners Xi L.P.103 12 ieHarbourvest Partners Xi L.P.Pooled vehicles$6.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Nhit Strategic Alpha Trustcollective trustLoomis Sayles Trust CompanyPooled vehicles$23.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Inter Enh Core US Rl Est Inc Fdcollective trustGlobal Trust CompanyPooled vehicles$16.6M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023International Fund LLC103 12 ieNuveen, LLCPooled vehicles$23.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$15.5M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$27.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$57.7M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Loomis Sayles Global Growth Trustcollective trustLoomis SaylesPooled vehicles$31.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Segall Bryant & Hamill Intl Sm Capcollective trustSEI Trust CompanyPooled vehicles$15.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023BNY Mellon Newton Global Real Returcollective trustBNY MellonPooled vehicles$28.9M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NIS Preferred Stock Qp Fund, LLCcollective trustNational Investment Services of America, LLCPublic equity$2.0M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NIS Total Absolute Return Qp Fundcollective trustNational Investment Services of America, LLCHedge / diversifiers$3.8M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NIS Core Fixed Income Qp Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$35.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023NIS High Yield Qp Fund, LLCcollective trustNational Investment Services of America, LLCFixed income$2.2M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Blackrock Global Allocation Collectcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$35.3M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Alcentra Euro Cr Opp Fd III Scsp103 12 ieAlcentra European Credit OppPooled vehicles$6.1M heldDisclosed holdingaskebsa.dol.gov
as of Apr 30, 2023Crescent Capital Trust II (levered)collective trustCrescent Capital Collective InvPooled vehicles$12.0M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$565M Apr 30, 2025 reported Form 5500
$555M (2024-04) · $555M (2023-04)
Plan assets
$553M May 1, 2024 reported Form 5500
$545M (2023-05) · $565M (2022-05)
Net assets
$563M Apr 30, 2025 reported Form 5500
$553M (2024-04) · $545M (2023-04)
Funded ratio
65.2% May 1, 2024 reported Form 5500
65.3% (2023-05) · 65.1% (2022-05)
Participants
5,287 May 1, 2024 reported Form 5500
5,264 (2023-05) · 5,281 (2022-05)
Contributions
$55.1M Apr 30, 2025 reported Form 5500
$58.5M (2024-04) · $56.6M (2023-04)
Benefits paid
$76.0M Apr 30, 2025 reported Form 5500
$75.3M (2024-04) · $74.5M (2023-04)
Net investment income
$10.1M Apr 30, 2025 reported Form 5500
$7.8M (2024-04) · $-19.5M (2023-04)
Investment management fees
$1.1M Apr 30, 2025 reported Form 5500
$1.4M (2024-04) · $2.0M (2023-04)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Apr 30, 20255,287n/an/an/a$565M$164Mn/an/a
2023 to Apr 30, 20245,264n/an/an/a$555M$169Mn/an/a
2022 to Apr 30, 20235,281n/an/an/a$555M$118Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Taft Stettinius & Hollister LLP codes 29 50 $386,365 PY2024
  • Hessian & Mckasy, P.A. codes 29 50 $360,224 PY2024
  • Benesys, Inc. codes 14 50 $332,711 PY2024
  • Bank of New York Mellon codes 28 50 51 72 $331,542 PY2024
  • Plante & Moran, PLLC codes 10 50 $260,885 PY2024
  • Littler Mendelson PC codes 29 50 $237,146 PY2024
  • National Investment Services of Ame codes 28 50 51 $233,107 PY2024
  • Iron Workers Local No. 25 codes 14 28 50 51 $215,298 PY2024
  • Loomis Sayles Trust Company codes 28 50 51 $207,161 PY2024
  • Nepc, LLC codes 17 50 $185,000 PY2024
  • Asherkelly codes 29 50 $160,853 PY2024
  • Comerica Bank codes 19 50 72 $155,789 PY2024
  • Boston Trust Walden Company codes 19 21 24 25 28 50 51 $119,905 PY2024
  • Horizon Actuarial Services, LLC codes 11 50 $100,165 PY2024
  • Boyd Watterson Asset Management, Ll codes 28 50 51 $89,661 PY2024
  • Global Trust Company codes 28 50 51 $81,476 PY2024
  • Ullico Investment Advisors Inc. codes 28 50 51 $51,076 PY2024
  • Slevin & Hart, PC codes 29 50 $43,999 PY2024
  • American Graphics Printing Co. codes 36 50 $30,390 PY2024
  • Withumsmith + Brown, PC codes 16 50 $28,611 PY2024
  • Dovenmuehle Mortgage, Inc. codes 32 50 $25,060 PY2024
  • Blackrock Inst. Trust Co. N.A. codes 21 24 28 50 51 68 $8,413 PY2024
  • Principal Life Insurance Company codes 15 28 52 62 PY2024
  • Crescent Capital Group LP codes 52 PY2024
  • Marsh & Mclennan Agency, LLC codes 22 23 PY2024
  • Nhit Strategic Alpha Trust Sched. D C $27.8M PY2024
  • Principal U.S. Property Sep Account Sched. D P PY2024
  • Newtower Trust Co Mept Sched. D C $22.3M PY2024
  • NCS Group Trust - Global Fund Sched. D E $42.0M PY2024
  • Loomis Sayles Global Growth Trust Sched. D C $25.4M PY2024
  • International Fund LLC Sched. D E PY2024
  • BNY Mellon Newton Gbl Real Return Sched. D C PY2024
  • NIS Preferred Stock Qp Fund, LLC Sched. D C $2.2M PY2024
  • NIS Total Absolute Return Qp Fd LLC Sched. D C $3.2M PY2024
  • NIS Core Fixed Income Qp Fund, LLC Sched. D C $39.3M PY2024
  • NIS High Yield Qp Fund, LLC Sched. D C $2.4M PY2024
  • Blackrock Global Allocation Coll Fd Sched. D C PY2024
  • Alcentra Euro Cr Opp Fd III Scsp Sched. D E $4.8M PY2024
  • Crescent Capital Trust II (levered) Sched. D C $11.0M PY2024
  • Ullico Infrastructure Tax Exempt Fd Sched. D E $7.0M PY2024
  • Harborvest Partners Xi L.P. Sched. D E $8.4M PY2024
  • Lord Abbett St Duration Cred Tst II Sched. D C $11.1M PY2024
  • Intrcntnl Enhnced Core US Re Inc Fd Sched. D C $14.5M PY2024
  • Bnym Mellon Cf Sl Acwi Ex-Us Imi Fd Sched. D C $26.3M PY2024
  • Bnym Mellon Afl-Cio Cf Sl St Ind Fd Sched. D C $26.5M PY2024
  • Horizon Actuarial Services, LLC codes 11 PY2024
  • Bank of New York Mellon codes 28 50 51 72 $619,918 PY2023
  • Benesys, Inc. codes 14 50 $478,924 PY2023
  • National Investment Services of Ame codes 28 50 51 $259,029 PY2023
  • Loomis Sayles Trust Company codes 28 50 51 $250,468 PY2023
  • Plante & Moran, PLLC codes 10 50 $209,850 PY2023
  • Blackrock Inst. Trust Co. N.A. codes 21 24 28 50 51 68 $206,500 PY2023
  • Nepc, LLC codes 17 50 $167,083 PY2023
  • Littler Mendelson PC codes 29 50 $149,457 PY2023
  • Iron Workers Local No. 25 codes 14 28 50 51 $124,847 PY2023
  • Boyd Watterson Asset Management, Ll codes 28 50 51 $74,534 PY2023
  • Horizon Actuarial Services, LLC codes 11 50 $72,158 PY2023
  • Taft Stettinius & Hollister LLP codes 29 50 $58,366 PY2023
  • American Graphics Printing Co. codes 36 50 $43,427 PY2023
  • Dovenmuehle Mortgage, Inc. codes 32 50 $34,676 PY2023
  • Stefansky, Holloway & Nichols, Inc. codes 10 50 $19,862 PY2023
  • Hessian & Mckasy, P.A. codes 29 50 $8,377 PY2023
  • Principal Life Insurance Company codes 15 28 52 62 PY2023
  • Marsh & Mclennan Agency, LLC codes 22 23 PY2023
  • Crescent Mezzanine Partners Vib LP codes 52 PY2023
  • Crescent Mezzanine Partners Viib LP codes 52 PY2023
  • International Fund LLC Sched. D E $23.5M PY2023
  • Principal U.S. Property Sep Account Sched. D P $12.3M PY2023
  • Newtower Trust Co Mept Sched. D C $23.1M PY2023
  • NCS Group Trust - Global Fund Sched. D E $50.6M PY2023
  • Loomis Sayles Global Growth Trust Sched. D C $23.5M PY2023
  • Segall, Bryant & Hamill Cit Sched. D C PY2023
  • BNY Mellon Newton Gbl Real Return Sched. D C $7.7M PY2023
  • NIS Preferred Stock Qp Fund, LLC Sched. D C $2.1M PY2023
  • NIS Total Absolute Return Qp Fd LLC Sched. D C $3.4M PY2023
  • NIS Core Fixed Income Qp Fund, LLC Sched. D C $36.2M PY2023
  • NIS High Yield Qp Fund, LLC Sched. D C $1.8M PY2023
  • Blackrock Global Allocation Coll Fd Sched. D C $13.0M PY2023
  • Alcentra Euro Cr Opp Fd III Scsp Sched. D E $5.1M PY2023
  • Crescent Capital Trust II (levered) Sched. D C $12.3M PY2023
What changed
12 events
  • Apr 30, 2025Holding started
    Iron Workers' Local No. 25 Pension Fund first reports an interest in Bnym Afl-Cio Cf Sl Stock Index Fund: $26M at 2025-04-30
    with Bnym Afl-Cio Cf Sl Stock Index Fundaskebsa.dol.gov
  • Apr 30, 2025Holding endedinference
    Iron Workers' Local No. 25 Pension Fund no longer reports International Fund LLC (Nuveen, LLC) (last held $24M at 2024-04-30; absent from the 2025-04-30 filing)
    with Nuveen, LLCaskebsa.dol.gov
  • Apr 30, 2025Holding endedinference
    Iron Workers' Local No. 25 Pension Fund no longer reports Principal U.S. Property Sa-Z (Principal) (last held $12M at 2024-04-30; absent from the 2025-04-30 filing)
    with Principalaskebsa.dol.gov
  • Apr 30, 2025Holding endedinference
    Iron Workers' Local No. 25 Pension Fund no longer reports Blackrock Global Allocation Collect (last held $13M at 2024-04-30; absent from the 2025-04-30 filing)
    with Blackrock Global Allocation Collectaskebsa.dol.gov
  • Apr 30, 2025Holding started
    Iron Workers' Local No. 25 Pension Fund first reports an interest in Bnym Mellon Cf Sl Acwi Ex-Us Imi Fd: $26M at 2025-04-30
    with Bnym Mellon Cf Sl Acwi Ex-Us Imi Fdaskebsa.dol.gov
  • Apr 30, 2025Holding endedinference
    Iron Workers' Local No. 25 Pension Fund no longer reports BNY Mellon Newton Global Real Retur (BNY Mellon) (last held $8M at 2024-04-30; absent from the 2025-04-30 filing)
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Ullico Investment Advisors Inc. appears on Iron Workers' Local No. 25 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Ullico Investment Advisors, Inc.askebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Boston Trust Walden Company appears on Iron Workers' Local No. 25 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Boston Trust Walden Companyaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Global Trust Company appears on Iron Workers' Local No. 25 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Global Trust Companyaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Withumsmith + Brown, PC appears on Iron Workers' Local No. 25 Pension Fund's Schedule C as general consultant (plan year 2024 vs 2023)
    with Withum Smith Brown PCaskebsa.dol.gov
  • Apr 30, 2024Holding endedinference
    Iron Workers' Local No. 25 Pension Fund no longer reports Segall Bryant & Hamill Intl Sm Cap (last held $15M at 2023-04-30; absent from the 2024-04-30 filing)
    with Segall Bryant & Hamill Quality Highaskebsa.dol.gov
  • Apr 30, 2024Holding started
    Iron Workers' Local No. 25 Pension Fund first reports an interest in Lord Abbett St Duration Cred Tst II: $10M at 2024-04-30
    with Lord Abbett St Duration Cred Tst IIaskebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 386056780-001
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.