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

Outstate Michigan Trowel Trades Pension Fund

Taft-Hartley planLansing, MI
Assets
$86.3M
Total assets, Dec 31, 2024 reported
Funded
90.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
9
none on the tape
Plan sponsor: Trustees of Outstate Michigan Trowel Trades Pension Fund
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 1.1%
  • Other investments 1.3%
  • Partnership/joint venture interests 19.0%
  • Common/collective trusts 46.8%
  • Registered investment companies 23.8%
  • Real estate (other than employer real property) 7.6%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
9 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Short Term Investment Fundcollective trustComericaCash$1.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective All Country World Ex-collective trustNorthern Trust Collective Eafe IndePooled vehicles$12.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective Russell 3000 Index Fdcollective trustNorthern Trust Collective Eafe IndePooled vehicles$27.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Short Term Investment Fundcollective trustComericaCash$254,252 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective All Country World Ex-collective trustNorthern Trust Collective Eafe IndePooled vehicles$11.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Russell 3000 Index Fdcollective trustNorthern Trust Collective Eafe IndePooled vehicles$26.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Russell 3000 Index Fdcollective trustNorthern Trust Collective Eafe IndePooled vehicles$21.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Short Term Investment Fundcollective trustComericaCash$243,304 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective All Country World Ex-collective trustNorthern Trust Collective Eafe IndePooled vehicles$10.4M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$86.3M Dec 31, 2024 reported Form 5500
$81.5M (2023-12) · $74.2M (2022-12)
Plan assets
$81.2M Jan 1, 2024 reported Form 5500
$74.0M (2023-01) · $84.3M (2022-01)
Net assets
$86.2M Dec 31, 2024 reported Form 5500
$81.2M (2023-12) · $74.0M (2022-12)
Funded ratio
90.4% Jan 1, 2024 reported Form 5500
89.8% (2023-01) · 91.7% (2022-01)
Participants
1,621 Jan 1, 2024 reported Form 5500
1,591 (2023-01) · 1,634 (2022-01)
Contributions
$4.1M Dec 31, 2024 reported Form 5500
$4.0M (2023-12) · $3.5M (2022-12)
Benefits paid
$6.1M Dec 31, 2024 reported Form 5500
$5.8M (2023-12) · $5.3M (2022-12)
Net investment income
$5.0M Dec 31, 2024 reported Form 5500
$7.2M (2023-12) · $-10.4M (2022-12)
Investment management fees
$142,795 Dec 31, 2024 reported Form 5500
$169,492 (2023-12) · $210,295 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20241,621n/an/an/a$86.3M$16.4Mn/a$6.6M
2023 to Dec 31, 20231,591n/an/an/a$81.5M$16.0Mn/a$6.9M
2022 to Dec 31, 20221,634n/an/an/a$74.2M$15.1Mn/a$9.1M
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Marquette Associates, Inc. codes 27 50 $70,000 PY2024
  • TIC Midwest codes 10 13 15 38 50 $61,638 PY2024
  • Watkins Pawlick Calati & Prifti PC codes 29 50 $29,372 PY2024
  • Comerica Bank codes 19 51 $28,161 PY2024
  • United Actuarial Services codes 11 50 $25,250 PY2024
  • Benda, Grace, Stulz & Company, P.C. codes 10 50 $24,050 PY2024
  • Stefansky Holoway & Nichols, Inc. codes 10 50 $17,336 PY2024
  • TIC Internaional Corporation codes 10 13 15 38 50 $13,726 PY2024
  • Trade Solutions codes 36 50 $6,111 PY2024
  • Short Term Investment Fund Sched. D C $1.3M PY2024
  • NT Collective All Country World Ex- Sched. D C $12.1M PY2024
  • NT Collective Russell 3000 Index Fu Sched. D C $27.0M PY2024
  • United Actuarial Services, Inc. codes 11 PY2024
  • Marquette Associates, Inc. codes 27 50 $70,000 PY2023
  • TIC International Corporatioin codes 10 13 15 38 50 $63,998 PY2023
  • Comerica Bank codes 19 51 $25,809 PY2023
  • United Actuarial Servcies codes 11 50 $23,300 PY2023
  • Stefansky Holloway & Nichols, Inc. codes 10 50 $21,986 PY2023
  • Benda, Grace, Stulz & Company, P.C. codes 10 50 $21,850 PY2023
  • Watkins Pawlick Calatie & Prifti PC codes 29 50 $17,113 PY2023
  • Clarkston Capital Partners codes 28 51 $16,751 PY2023
  • Trade Solutions codes 36 50 $11,147 PY2023
  • Short Term Investment Fund Sched. D C $254,252 PY2023
  • NT Collective All Country World Ex- Sched. D C $11.5M PY2023
  • NT Collective Russell 3000 Index Fu Sched. D C $26.8M PY2023
  • United Actuarial Services, Inc. codes 11 PY2023
  • Marquette Associates, Inc. codes 27 50 $70,000 PY2022
  • TIC International Corporatioin codes 10 13 15 38 50 $63,114 PY2022
  • Comerica Bank codes 19 51 $26,954 PY2022
  • United Actuarial Servcies codes 11 50 $23,000 PY2022
  • Benda, Grace, Stulz & Company, P.C. codes 10 50 $21,850 PY2022
  • Clarkston Capital Partners codes 28 51 $16,986 PY2022
  • Stefansky Holloway & Nichols, Inc. codes 10 50 $9,750 PY2022
  • Watkins Pawlick Calati & Prifti PC codes 29 50 $9,254 PY2022
  • Trade Solutions codes 36 50 $7,321 PY2022
  • JP Morgan Chase Bank codes 49 50 65 $7,151 PY2022
  • Short Term Investment Fund Sched. D C $243,304 PY2022
  • NT Collective All Country World Ex- Sched. D C $10.4M PY2022
  • NT Collective Russell 3000 Index Fu Sched. D C $21.9M PY2022
  • United Actuarial Services, Inc. codes 11 PY2022
What changed
2 events
  • Dec 31, 2024Manager relationship endedinference
    Clarkston Capital Partners no longer appears on Outstate Michigan Trowel Trades Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Clarkston Capitalaskebsa.dol.gov
  • Jan 1, 2023Assets changed
    Outstate Michigan Trowel Trades Pension Fund plan assets $84M -> $74M (-12.3%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 386222545-001
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.