26 more advisers, 3 more managers, 13 more commitments and 23 more dated events

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National Electrical Benefit Fund

Taft-Hartley plan· Rockville, Maryland

Taft-Hartley plan, based in Rockville, Maryland, reporting $23B in assets, for 693,723 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$23B
Funded ratio
95.6%
Fund commitments
6
Managers
20
Open searchesPlans backing its top managerSimilar plans, same strategy
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Commitments (6)Allocation policyConsultants
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 31 Dec 2025, Pinnacle Economics no longer appears on National Electrical Benefit Fund's Schedule C as general consultant (plan year 2025 vs 2024).

Capital path

who backs this record, through what, into what; each name opens its own path
National Electrical Benefit Fund
Funds committed to
All 6
Managers
All 6
Size, funding, policy and commitments, with their basesTaft-Hartley planShow
Taft-Hartley plan
Assets
$23B
Total assets, Dec 31, 2025 reported
Funded
95.6%
Jan 1, 2025
Private markets target
no policy read
policy Dec 31, 2025
Commitments
6
20 managers on Schedule C
Plan sponsor: Trustees of the National Electrical Benefit Fund
Allocation policy
Form 5500, as of Dec 31, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.4%
  • Corporate debt instruments (other) 7.2%
  • Corporate debt instruments (preferred) 4.4%
  • U.S. Government securities 7.0%
  • Other investments 5.7%
  • Other loans 0.4%
  • Partnership/joint venture interests 14.9%
  • 103-12 investment entities 1.1%
  • Common/collective trusts 34.4%
  • Pooled separate accounts 1.5%
  • Registered investment companies 2.3%
  • Common stock 14.2%
  • Preferred stock 0.1%
  • Real estate (other than employer real property) 3.4%
Consultants and advisers
29 firms

+26 more consultants and advisers advise this allocator

Every name, record and relationship behind this count, with the source on each.

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People
No investment staff or executives have been read for this allocator yet.
Manager roster
6 managers on the commitment tape
From the plan’s own commitment disclosures

+3 more managers received commitments

Every name, record and relationship behind this count, with the source on each.

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From Schedule C (investment management, code 28)

+20 more Schedule C managers

Every name, record and relationship behind this count, with the source on each.

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What changed
28 events
  • Dec 31, 2025Manager relationship endedinference
    House Hanover LLC no longer appears on National Electrical Benefit Fund's Schedule C as investment manager (plan year 2025 vs 2024)
    with House Hanover LLCaskebsa.dol.gov
  • Dec 31, 2025Consultant changedinference
    Pinnacle Economics no longer appears on National Electrical Benefit Fund's Schedule C as general consultant (plan year 2025 vs 2024)
    with Pinnacle Economicsaskebsa.dol.gov
  • Dec 31, 2025Consultant changedinference
    Chris Williams no longer appears on National Electrical Benefit Fund's Schedule C as general consultant (plan year 2025 vs 2024)
    with Chris Williamsaskebsa.dol.gov
  • Dec 31, 2025Consultant changedinference
    Certilman Balin no longer appears on National Electrical Benefit Fund's Schedule C as general consultant (plan year 2025 vs 2024)
    with Certilman Balinaskebsa.dol.gov
  • Dec 31, 2025Manager relationship endedinference
    Parametric Clifton no longer appears on National Electrical Benefit Fund's Schedule C as investment manager (plan year 2025 vs 2024)
    with Parametric Portfolio Associatesaskebsa.dol.gov

+23 more dated events

Every name, record and relationship behind this count, with the source on each.

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Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Commitments
16 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2025Ibew-Neca Equity Index Fundcollective trustChevy Chase Trust CompanyPublic equity$7.1B heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2025Longview Broad Market 3000 Index Fucollective trustAmalgamated BankPooled vehicles$633M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2025Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$346M heldDisclosed holdingaskebsa.dol.gov

+13 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
30 readings
Total assets
$23B Dec 31, 2025 reported Form 5500
$20B (2024-12) · $19B (2023-12)
Plan assets
$19B Jan 1, 2025 reported Form 5500
$18B (2024-01) · $17B (2023-01)
Net assets
$21B Dec 31, 2025 reported Form 5500
$19B (2024-12) · $18B (2023-12)
Funded ratio
95.6% Jan 1, 2025 reported Form 5500
95.0% (2024-01) · 92.6% (2023-01)
Participants
693,723 Jan 1, 2025 reported Form 5500
671,575 (2024-01) · 655,103 (2023-01)
Contributions
$1.1B Dec 31, 2025 reported Form 5500
$944M (2024-12) · $863M (2023-12)
Benefits paid
$1.4B Dec 31, 2025 reported Form 5500
$1.3B (2024-12) · $1.3B (2023-12)
Net investment income
$1.6B Dec 31, 2025 reported Form 5500
$1.6B (2024-12) · $1.1B (2023-12)
Investment management fees
$50.2M Dec 31, 2025 reported Form 5500
$50.6M (2024-12) · $56.5M (2023-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2025 to Dec 31, 2025693,723Not disclosedNot disclosedn/a$23B$3.3BNot disclosed$763M
2024 to Dec 31, 2024671,575Not disclosedNot disclosedn/a$20B$3.1BNot disclosed$808M
2023 to Dec 31, 2023655,103Not disclosedNot disclosedn/a$19B$2.9BNot disclosed$1.0B
Service providers and investment entities as filed (Schedule C and D, latest year first)

+247 more service providers

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Provenance
Identifiers: EIN-PN 530181657-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 29, 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.
Capital chain

National Electrical Benefit Fund sits on 125 traced paths of capital across the graphs.

Consultant to allocator to manager

DFX traced 125 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

28 dated events on the change ledger, latest first
  • Holding in a pooled vehicle ended
    2024-12-31source
  • Funded status changed
    2024-01-01source
  • Manager relationship ended
    2025-12-31source

+25 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

+63 connections on the graph

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