I.B.E.W. Local 540 Pension Fund
Taft-Hartley plan, based in Canfield, Ohio, reporting $135M in assets, for 1,040 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 1 Nov 2024, I.B.E.W. Local 540 Pension Fund plan assets $111M -> $126M (+13.8%, 2023-11-01 to 2024-11-01).
2 more advisers, 1 more manager and 7 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- Ibew-Neca Equity Index Fund3 commitments
- Ullico Infrastructure Tax Exempt Fu3 commitments
- Multi-Employer Property Trust3 commitments
- Chevy Chase Trust Company3 commitments
- Ullico Investment Advisors3 commitments
- NEW Tower Trust Company3 commitments
Relationship network
29 connected entities10 observed commitments6 repeat counterparties9 dated commitments shown here, 2023 to 2025
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 1.3%
- Non-interest-bearing cash 1.5%
- Corporate debt instruments (other) 9.7%
- U.S. Government securities 7.2%
- Other investments 8.7%
- Partnership/joint venture interests 3.4%
- 103-12 investment entities 2.4%
- Common/collective trusts 16.6%
- Registered investment companies 31.5%
- Common stock 16.7%
Consultants and advisers
- Morgan Stanley General consultantCustodianthrough Oct 31, 2025 Form 5500
- PNC Bank Custodianthrough Oct 31, 2025 Form 5500
- Cuni, Rust & Strenk Actuarythrough Oct 31, 2024 Form 5500
+2 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
People
Manager roster
- Chevy Chase Trust Company3 rows, latest Oct 31, 2025
- Ullico Investment Advisors3 rows, latest Oct 31, 2025
- NEW Tower Trust Company3 rows, latest Oct 31, 2025
+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
- Ullico Investment Advisors, Inc.plan years 2023
+4 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
- Nov 1, 2024Assets changedI.B.E.W. Local 540 Pension Fund plan assets $111M -> $126M (+13.8%, 2023-11-01 to 2024-11-01)
- Oct 31, 2024Holding endedinferenceI.B.E.W. Local 540 Pension Fund no longer reports Wtc-Ctf International Opportunities (Wellington) (last held $8M at 2023-10-31; absent from the 2024-10-31 filing)with Wellingtonaskebsa.dol.gov
- Oct 31, 2024Assets changedI.B.E.W. Local 540 Pension Fund total assets $111M -> $126M (+14.0%, 2023-10-31 to 2024-10-31)
- Dec 31, 2023Manager relationship startedMorgan Stanley appears on I.B.E.W. Local 540 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)with Morgan Stanleyaskebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceHuntington National Bank no longer appears on I.B.E.W. Local 540 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)with Huntington National Bankaskebsa.dol.gov
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Oct 31, 2025 | Ibew-Neca Equity Index Fundcollective trust | Chevy Chase Trust Company | Public equity | $17.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Oct 31, 2025 | Ullico Infrastructure Tax Exempt Fu103 12 ie | Ullico Investment Advisors | Infrastructure | $3.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Oct 31, 2025 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $4.7M held | Disclosed holding | askebsa.dol.gov |
+7 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 Oct 31, 2025 | 1,040 | Not disclosed | Not disclosed | n/a | $135M | $4.6M | Not disclosed | Not disclosed |
| 2023 to Oct 31, 2024 | 1,027 | Not disclosed | Not disclosed | n/a | $126M | $4.4M | Not disclosed | Not disclosed |
| 2022 to Oct 31, 2023 | 1,019 | Not disclosed | Not disclosed | n/a | $111M | $7.1M | Not disclosed | Not disclosed |
- Morgan Stanley codes 16 19 28 51 $159,994 PY2024
- Benesys, Inc. codes 13 36 38 51 64 $73,531 PY2024
- Cuni, Rust & Strenk codes 11 $73,017 PY2024
+41 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
I.B.E.W. Local 540 Pension Fund sits on 4 traced paths of capital across the graphs.
DFX traced 4 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
- Total assets changed2024-11-01source on record
- Holding in a pooled vehicle ended2024-10-31source on record
- Total assets changed2024-10-31source 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
+14 connections on the graph
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