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 Pension Plan
Taft-Hartley planMassillon, OH
Assets
$80.5M
Total assets, Apr 30, 2025 reported
Funded
52.5%
May 1, 2024
Private markets target
n/a
policy Apr 30, 2025
Commitments
0
none on the tape
Plan sponsor: Board of Trustees Sheet Metal Workers Local Pension Plan
Allocation policy
Form 5500, as of Apr 30, 2025
Actual allocation lines without a target (as filed)
- Interest-bearing cash 1.6%
- Non-interest-bearing cash 1.0%
- Corporate debt instruments (other) 11.3%
- U.S. Government securities 11.7%
- Partnership/joint venture interests 32.3%
- Registered investment companies 22.1%
- Common stock 18.9%
Consultants and advisers
5 firms
- Newport Trust Company Investment adviser (plan)through Apr 30, 2023 Form 5500
- Hamlin Capital Management, LLC Investment adviser (plan)through Apr 30, 2023 Form 5500
- Reinhart Partners, Inc. Investment adviser (plan)through Apr 30, 2023 Form 5500
- Comerica Bank Custodianthrough Apr 30, 2023 Form 5500
- Milliman, Inc. Actuarythrough Apr 30, 2023 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on Schedule C
From Schedule C (investment management, code 28)
- Hamlin Capital Management, LLCplan years 2024
- Newport Trust Companyplan years 2024
- Boyd Watterson Asset Managementplan years 2024
- Morgan Stanley Smith Barney, LLCplan years 2023
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
30 readings
Investment management fees
$157,013 (2024-04) · $201,900 (2023-04)
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 Apr 30, 2025 | 1,656 | n/a | n/a | n/a | $80.5M | $26.0M | n/a | n/a |
| 2023 to Apr 30, 2024 | 1,646 | n/a | n/a | n/a | $80.3M | $26.5M | n/a | n/a |
| 2022 to Apr 30, 2023 | 1,590 | n/a | n/a | n/a | $78.6M | $26.3M | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Benesys, Inc. codes 13 $106,169 PY2024
- Milliman codes 11 $101,104 PY2024
- Morgan Stanley Smith Barney Hldgs codes 51 $89,447 PY2024
- Hamlin Capital Management, LLC codes 51 $70,233 PY2024
- Novara, Tesija, & Catenacci, PLLC codes 29 $67,996 PY2024
- Reinhart Partners, Inc. codes 27 $60,787 PY2024
- Johnson & Kroll LLC codes 29 $27,473 PY2024
- Boyd Watterson Asset Management codes 51 $21,983 PY2024
- J Schaefer & Company LLC codes 10 $18,500 PY2024
- Newport Trust Company codes 51 $10,000 PY2024
- Sheet Metal Workers 33 Fb Fund codes 49 $8,714 PY2024
- Milliman, Inc. codes 11 PY2024
- Benesys, Inc. codes 13 $118,994 PY2023
- Novara, Tesija, & Catenacci, PLLC codes 29 $109,522 PY2023
- Milliman codes 11 $99,918 PY2023
- Boyd Watterson Asset Management codes 51 $61,316 PY2023
- Morgan Stanley Smith Barney Hldgs codes 51 $59,427 PY2023
- Hamlin Capital Management, LLC codes 51 $42,988 PY2023
- Reinhart Partners, Inc. codes 27 $28,617 PY2023
- J Schaefer & Company LLC codes 10 $18,500 PY2023
- Sheet Metal Workers 33 Fb Fund codes 49 $8,714 PY2023
- Newport Trust Company codes 51 $5,000 PY2023
- Milliman, Inc. codes 11 PY2023
- Morgan Stanley Smith Barney Hldgs codes 28 $170,239 PY2022
- Milliman codes 11 $147,512 PY2022
- Benesys codes 13 $117,293 PY2022
- Novara, Tesija, & Catenacci, PLLC codes 29 $101,932 PY2022
- J Schaefer & Company LLC codes 10 $18,500 PY2022
- Reinhart Partners, Inc. codes 27 $14,026 PY2022
- Newport Trust Company codes 27 $10,000 PY2022
- Sheet Metal Workers 33 Fb Fund codes 49 $8,714 PY2022
- Comerica Bank codes 19 $7,886 PY2022
- Hamlin Capital Management, LLC codes 27 $7,329 PY2022
- Milliman, Inc. codes 11 PY2022
What changed
6 events
- May 1, 2024Funded status changedSheet Metal Workers Local Pension Plan funded ratio 44.4% -> 52.5% (2023-05-01 to 2024-05-01)
- May 1, 2024Assets changedSheet Metal Workers Local Pension Plan plan assets $46M -> $53M (+14.8%, 2023-05-01 to 2024-05-01)
- Dec 31, 2023Manager relationship endedinferenceMorgan Stanley Smith Barney Hldgs no longer appears on Sheet Metal Workers Local Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Morgan Stanley Smith Barney, LLCaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceHamlin Capital Management, LLC no longer appears on Sheet Metal Workers Local Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with Hamlin Capital Management, LLCaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceNewport Trust Company no longer appears on Sheet Metal Workers Local Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with Newport Trust Companyaskebsa.dol.gov
- May 1, 2023Funded status changedSheet Metal Workers Local Pension Plan funded ratio 52.6% -> 44.4% (2022-05-01 to 2023-05-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 346666753-001
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.