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

Sheet Metal Workers Local 224 Pension Fund

Taft-Hartley planTroy, MI
Assets
$76.3M
Total assets, Dec 31, 2024 reported
Funded
87.7%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
13
2 managers on Schedule C
Plan sponsor: Sheet Metal Workers Local 224 Pension Fund Bd of Trustees
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.9%
  • Partnership/joint venture interests 19.0%
  • 103-12 investment entities 4.6%
  • Common/collective trusts 2.8%
  • Registered investment companies 71.8%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 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, 2024Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$3.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024U.S. Core Partners Collective Invescollective trustCbrePooled vehicles$1.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Putnam Stable Valuecollective trustJohn Hancock Life Insurance CoPooled vehicles$2,340 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$551,872 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$3.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023U.S. Core Partners Collective Invescollective trustCbrePooled vehicles$1.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Putnam Stable Valuecollective trustJohn Hancock Life Insurance CoPooled vehicles$2,254 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$549,780 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$3.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022U.S. Core Partners Collective Invescollective trustCbrePooled vehicles$1.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$1.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Putnam Stable Valuecollective trustJohn Hancock Life Insurance CoPooled vehicles$2,181 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$1.2M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$76.3M Dec 31, 2024 reported Form 5500
$68.8M (2023-12) · $63.1M (2022-12)
Plan assets
$68.3M Jan 1, 2024 reported Form 5500
$62.5M (2023-01) · $75.0M (2022-01)
Net assets
$76.1M Dec 31, 2024 reported Form 5500
$68.3M (2023-12) · $62.5M (2022-12)
Funded ratio
87.7% Jan 1, 2024 reported Form 5500
84.8% (2023-01) · 84.0% (2022-01)
Participants
841 Jan 1, 2024 reported Form 5500
772 (2023-01) · 770 (2022-01)
Contributions
$5.0M Dec 31, 2024 reported Form 5500
$4.4M (2023-12) · $4.0M (2022-12)
Benefits paid
$6.1M Dec 31, 2024 reported Form 5500
$6.4M (2023-12) · $5.8M (2022-12)
Net investment income
$7.7M Dec 31, 2024 reported Form 5500
$5.9M (2023-12) · $-12.5M (2022-12)
Investment management fees
$249,674 Dec 31, 2024 reported Form 5500
$237,303 (2023-12) · $275,998 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024841n/an/an/a$76.3M$14.5Mn/an/a
2023 to Dec 31, 2023772n/an/an/a$68.8M$13.7Mn/an/a
2022 to Dec 31, 2022770n/an/an/a$63.1M$13.4Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Strategic Capital Inv Advisors codes 27 50 $116,151 PY2024
  • Solxsys Administrative Solutions codes 14 15 49 50 $70,075 PY2024
  • Cuni, Rust & Strenk codes 11 50 $49,650 PY2024
  • Clark, Schaefer, Hackett & Co. codes 10 50 $42,121 PY2024
  • Clarion Lion codes 28 50 $36,317 PY2024
  • Ledbetter Parisi LLC codes 29 50 $33,478 PY2024
  • John Hancock codes 21 50 $28,691 PY2024
  • National Investment Services codes 28 50 $26,710 PY2024
  • PNC Investments codes 28 50 $18,314 PY2024
  • Washington Capital Management codes 28 50 $16,915 PY2024
  • Segal Select Insurance Services Inc codes 22 50 $15,914 PY2024
  • Stockbridge Niche Logistics codes 49 50 $13,903 PY2024
  • Fifth Third Bank codes 49 50 $10,057 PY2024
  • Stockbridge Smart Markets Fund, LP codes 50 $10,019 PY2024
  • American Graphics codes 49 50 $9,470 PY2024
  • Frsecure LLC - Cyber Security Risk codes 33 50 $8,844 PY2024
  • Ares Management LLC codes 28 50 $6,970 PY2024
  • National Coordinating Committee codes 49 50 $5,100 PY2024
  • Afl-Cio Building Investment Trust Sched. D C $551,872 PY2024
  • WC Jmt Mortgage Income Fund Sched. D E $3.5M PY2024
  • U.S. Core Partners Collective Inves Sched. D C $1.6M PY2024
  • Putnam Stable Value Sched. D C $2,340 PY2024
  • Cuni, Rust & Strenk codes 11 PY2024
  • Strategic Capital Inv Advisors codes 27 50 $109,393 PY2023
  • Solxsys Administrative Solutions codes 14 15 49 50 $69,420 PY2023
  • Clark, Schaefer, Hackett & Co. codes 10 50 $49,245 PY2023
  • Clarion Partners codes 28 50 $46,351 PY2023
  • John Hancock codes 21 50 $45,053 PY2023
  • Ledbetter Parisi LLC codes 29 50 $39,044 PY2023
  • Cuni, Rust & Strenk codes 11 50 $33,600 PY2023
  • Stockbridge Capital Group, LLC codes 28 50 $24,656 PY2023
  • National Investment Services codes 28 50 $22,780 PY2023
  • Union Services Agency codes 28 50 $17,060 PY2023
  • PNC Bank, National Association codes 19 21 50 $16,736 PY2023
  • Washington Capital Managemenet, Inc codes 28 50 $12,118 PY2023
  • Fifth Third Bank (central Indiana) codes 49 50 $8,363 PY2023
  • American Graphics codes 49 50 $7,960 PY2023
  • Frsecure codes 33 50 $7,155 PY2023
  • Ares Management LLC codes 28 50 $5,269 PY2023
  • Putnam Stable Value Sched. D C $2,254 PY2023
  • Afl-Cio Building Investment Trust Sched. D C $549,780 PY2023
  • U.S. Core Partners Collective Inves Sched. D C $1.6M PY2023
  • WC Jmt Mortgage Income Fund Sched. D E $3.3M PY2023
  • Cuni, Rust & Strenk codes 11 PY2023
  • Strategic Capital Inv Advisors codes 27 50 $111,132 PY2022
  • Solxsys Administrative Solutions codes 14 15 49 50 $79,951 PY2022
  • Ledbetter Parisi LLC codes 29 50 $62,605 PY2022
  • Clark, Schaefer, Hackett & Co codes 10 50 $53,150 PY2022
  • Cuni, Rust & Strenk codes 11 50 $50,875 PY2022
  • Clarion Partners codes 28 50 $37,231 PY2022
  • National Investment Services codes 28 50 $33,292 PY2022
  • PNC Bank, National Association codes 19 21 50 $26,225 PY2022
  • Stockbridge Capital Group, LLC codes 28 50 $19,868 PY2022
  • Union Services Agency codes 22 50 $17,944 PY2022
  • Washington Capital Management, Inc. codes 28 50 $14,810 PY2022
  • John Hancock codes 21 50 $13,674 PY2022
  • Healthscope Benefits codes 13 49 50 $11,802 PY2022
  • New Tower Trust Company codes 49 50 $11,794 PY2022
  • American Graphics codes 50 $9,643 PY2022
  • WC Jmt Mortgage Income Fund Sched. D E $3.2M PY2022
  • U.S. Core Partners Collective Inves Sched. D C $1.7M PY2022
  • Putnam Stable Value Sched. D C $2,181 PY2022
  • Afl-Cio Building Investment Trust Sched. D C $1.2M PY2022
  • Multi-Employer Property Trust Sched. D C $1.3M PY2022
  • Cuni, Rust & Strenk codes 11 PY2022
What changed
11 events
  • Dec 31, 2024Manager relationship started
    Clarion Lion appears on Sheet Metal Workers Local 224 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Clarion Lionaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Clarion Partners no longer appears on Sheet Metal Workers Local 224 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Clarion Partnersaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    PNC Investments appears on Sheet Metal Workers Local 224 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with PNC Bank, National Associationaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Union Services Agency no longer appears on Sheet Metal Workers Local 224 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Union Services Agencyaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Stockbridge Capital Group, LLC no longer appears on Sheet Metal Workers Local 224 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Stockbridge Niche Logistics Fd LPaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    Sheet Metal Workers Local 224 Pension Fund total assets $69M -> $76M (+10.9%, 2023-12-31 to 2024-12-31)
  • Jan 1, 2024Funded status changed
    Sheet Metal Workers Local 224 Pension Fund funded ratio 84.8% -> 87.7% (2023-01-01 to 2024-01-01)
  • Dec 31, 2023Holding endedinference
    Sheet Metal Workers Local 224 Pension Fund no longer reports Multi-Employer Property Trust (NEW Tower Trust Company) (last held $1M at 2022-12-31; absent from the 2023-12-31 filing)
    with NEW Tower Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Union Services Agency appears on Sheet Metal Workers Local 224 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Union Services Agencyaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Ares Management LLC appears on Sheet Metal Workers Local 224 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Ares Management LLCaskebsa.dol.gov
  • Jan 1, 2023Assets changed
    Sheet Metal Workers Local 224 Pension Fund plan assets $75M -> $62M (-16.7%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 316171353-001
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.