AUMdb

Ullico Investment Advisors, Inc.

SEC-registered Private Fund Manager · Large ($10B–$100B) CRD 106628 · SEC file 801-36371 · Silver Spring, MD · ullico-urs.com
☆ Save with Pro ADV data as of Mar 31, 2026
Regulatory AUM
$13.9B
Discretionary
$13.9B
Clients
25
Avg AUM / client
$557M
Accounts
25
Employees
92

AUM over time

$1.0B $13.9B
Dec 2011 Dec 2025

Annual snapshots from Form ADV filings · as of Mar 31, 2026

Who they serve

Client typeClientsAUM% of AUM
Banking or thrift institutions 1 $117M 0.84%
Pooled investment vehicles (non-investment companies) 12 $13.1B 93.7%
Pension and profit sharing plans 10 $531M 3.81%
Other investment advisers 1 $0
Insurance companies 1 $224M 1.61%

Private funds (9)

Reported in Form ADV Section 7.B.(1), filing of May 2024 · $7.0B combined gross assets

FundTypeDomicileGross assetsOwners
Ullico Infrastructure Tax Exempt Fund, L.P. feeder Private Equity Fund Delaware $4.9B 270
Ullico Infrastructure Taxable Fund, L.P. feeder Private Equity Fund Delaware $703M 23
Ullico Diversified International Equity Fund, L.P Other Private Fund Delaware $680M 16
The Union Labor Life Insurance Company Separate Account W1 Other Private Fund Maryland $400M 59
The Union Labor Life Insurance Company Separate Account R Other Private Fund Maryland $199M 13
Ullico International Small Cap Fund, L.P. Other Private Fund Delaware $90.6M 2
The Union Labor Life Insurance Company Separate Account C Other Private Fund Maryland $39.9M 9
The Union Labor Life Insurance Company Separate Account T Other Private Fund Maryland $607K 2
Ullico Value Add Real Estate Fund I, L.P. Real Estate Fund Delaware $0 0

Nonprofit clients

Charities that reported this firm as a top-paid contractor (investment services) on Form 990.

Charity Location Period
Ocu Health & Welfare Trust EIN 261574455 Covina, CA 12/31/2024
International Brotherhood Of Electrical Workers EIN 520951104 Washington, DC 06/30/2024
Chicago & Vicinity Laborers Distrct Cncil Retire Health & Welfare Plan EIN 465243652 Westchester, IL 05/31/2024
Chicago & Vicinity Laborers District Council Health & Welfare EIN 362151212 Westchester, IL 05/31/2024

Retirement plan clients

Plans that reported this firm as an investment service provider on Form 5500 Schedule C. Showing first 100 of 124.

Plan Location Plan year
Waterfront Employers Ila Pension Plan Board Of Trustees Waterfront Employers Ila Pension Plan 2024
Ibew Local 505 Neca Pension Plan Ibew Local 505 Neca Pension Plan Mobile, AL 2024
Pension Plan For Local Union 527 Of Operative Plasterers And Cement Masons Operative Plasterers & Cement Masons Local 527 Pension Trust 2024
Western Glaziers Retirement Plan Board Of Trustees Of Western Glaziers Retirement Plan 2024
Hotel Union And Hotel Industry Of Hawaii Pension Plan Board Of Trustees Of The Hotel Union & Hotel Industry Of Hawaii Pensio 2024
Employers And Cement Masons Local 90 Pension Plan Employers And Cement Masons Local 90 Pension Plan 2024
Employers And Laborers Locals 100 & 397 Pension Fund Employers And Laborers Locals 100 & 397 Pension Fund 2024
Sheet Metal Workers Local 218(s) Pension Plan Sheet Metal Workers Local 218(s) Pension Fund Overland Park, KS 2024
Southern Illinois Laborers & Employers Annuity Fund Trustees Of Southern Illinois Laborers & Employers Annuity Fund Marion, IL 2024
Int'l Brotherhood Of Electrical Workers' Pension Benefit Fund International Brotherhood Of Electrical Workers' Pension Benefit Fund 2024
Plumbers Local 9 Pension Plan Plumbers Local 9 Pension Fund 2024
Ibew Local 43 & Electrical Contractors Pension Fund Ibew Local 43 & Electrical Contractors Pension Fund 2024
Ironworkers National Pension Plan Ironworkers National Pension Plan Board Of Trustees 2024
Local 191 I.B.E.W. Money Purchase Plan Board Of Trustees, Local 191 I.B.E.W. Money 2024
Afl Cio Staff Retirement Plan Afl Cio Staff Retirement Plan Congress Of Industrial Organizations 2024
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund Board Of Trustees, Iron Workers Local No. 5 & Iwea 2024
Laborers Local 1298 Of Nassau & Suffolk Counties Pension Fund Board Of Trustees Local 1298 Pension Fund 2024
Painters And Allied Trades District Council No.35 Annuity Fund Painters Annuity Council No. 35 Annuity Fund 2024
Painters And Allied Trades District Council No. 35 Pension Fund Bd Of Trustees Pdc Pension Fund 2024
Operating Engineers Pension Trust Board Of Trustees, Operating Engineers Pension Trust 2024
Metal Trades Branch Local 638 Pension Fund Metal Trades Branch Local 638 Pension Fund 2024
Ibew Local No. 100 Pension Plan Board Of Trustees, Ibew Local No. 100 Pension Plan 2024
Pension Fund Local 96 Ibew Board Of Trustees Pension Fund Local 96 Ibew 2024
32 Bj School Workers Pension Fund Board Of Trustees Of The 32 Bj School Workers Pension Fund 2024
New York District Council Of Carpenters Pension Pl Board Of Trustees Of Nycdcc Pension Fund 2024
Iron Workers' Locals No. 15 & 424 Pension Plan Board Of Trustees Iron Workers' Locals No. 15 & 424 2024
Cement Masons Local No. 886/404 Pension Plan Cement Masons Local No. 886/404 Pension Plan Board Of Trustees 2024
Southern California Ibew Neca Pension Plan Board Of Trustees, Southern California Ibew Neca 2024
Mid South Regional Council Local 318 Money Mid South Regional Council Local 318 Money Purchase Pension Trust 2024
Indiana Laborers Pension Fund Board Of Trustees Indiana Laborers Pension Fund Terre Haute, IN 2024
Laborers Pension Trust Fund For Northern California Board Of Trustees Laborers Pension Trust Fund For Northern California 2024
Construction Workers Pension Trust Fund Lake County And Vicinity Pension Plan Trustees Of Construction Workers Lake County Pension 2024
Neca Ibew Pension Trust Fund Neca Ibew Pension Trust Fund 2024
Plumbers' Pension Fund, Local 130, U.A. Trustees Of The Plumbers Pension Fund, Local 130, U.A. 2024
Chicago & Vicinity Laborers' District Council Fund Office Staff Pension Plan Bd Of Trts Chgo & Vicin Laborers' Dist Coun Fd Office Staff Pens Fund 2024
Chicago & Vicinity Laborers' District Council Pension Plan Bd Of Trustees, Chicago & Vicinity Laborers' Distr. Council Pens Fund 2024
Building Trades United Pension Trust Fund Milwaukee And Vicinity Building Trades United Pension Trust Fund 2024
Ohio Local No 1 Operative Plasterers And Cement Masons Pension Fund Bd Of Trustees Ohio Local No 1 2024
Local No. 41 Ibew Pension Plan Trustees Of Local No. 41 Pension Plan 2024
Laborers' District Council Construction Industry Pension Fund Laborers' District Council Construction Industry Pension Fund Philadelphia, PA 2024
Ibew Local 129 Pension Fund Pension Plan Ibew Union Local 129 2024
Operating Engineers' Local 324 Pension Fund Joint Board Of Trustees Operating Engineers Local 324 2024
Operative Plasterers And Cement Masons Local No. 109 Pension Plan Plasterers & Cement Masons Local No. 109 Pension Plan 2024
Pipe Trades Services Mn Pension Fund Trustees Of The Pipe Trades Services Mn Pension Trust 2024
Iron Workers' Local No. 25 Pension Fund Board Of Trustees, Iron Workers Local No. 25 2024
Operating Engineers Local 649 Annuity Trust Fund Board Of Trustees Operating Engineers Local 649 Annuity Trust Fund Peoria, IL 2024
Actors' Equity Association Staff Pension Plan Actors' Equity Association 2024
Carpenters Pension Trust Fund Of Kansas City Carpenters Pension Trust Fund Of Kansas City 2024
Chicago Painters And Decorators Pension Fund Board Of Trustees Of Chicago Painters And Decorators Pension Fd Darien, IL 2024
Heavy And General Laborers' Local Unions 472 And 172 Of New Jersey Pension Fund Board Of Trustees H&Gl Local Unions 472 & 172 Of Nj Pension Fund 2024
Ibew Local 684 Pension Trust Board Of Trustees, Ibew Local 684 Pension Trust 2024
I.B.E.W. Pacific Coast Pension Fund Board Of Trustees Of The I.B.E.W. Pacific Coast Pension Fund 2024
Eighth District Electrical Pension Fund Board Of Trustees, Eighth District Electrical Pension 2024
Refrigeration, A/C & Service Div. (Ua Nj) Pension Plan Refrigeration, A/C & Service Div. (Ua Nj) Pension Fund 2024
Western Washington Laborers Employers Pension Plan Bot, Western Wa Laborers Employers Pension Trust Bothell, WA 2024
Southeastern Carpenters And Millwrights Pension Plan Jt Bd Of Trustees Of Southeastern Carp And Millwrights Pension Plan 2024
National Roofing Industry Pension Fund National Roofing Industry Pension Fund Wilson Mcshane Corporation 2024
International Painters And Allied Trades Industry Pension Plan Intl Painters & Allied Trades Ind. Pension Fund Board Of Trustees 2024
Oregon Laborers Employers Pension Plan Trustees Oregon Laborers Employer Pension Plan 2024
Laborers Local 231 Pension Plan Board Of Trustees Laborers Local 231 Pension Fund Pekin, IL 2024
Pipe Trades District Council No 36 Pension Trust Board Of Trustees, Pipe Trades District Council No 36 2024
Ibew Local No. 32 Neca Pension Plan Board Of Trustees Of The Ibew Local No. 32 Neca Pension Plan 2024
I. B. E. W. Local 25 Pension Fund Board Of Trustees I.B.E.W. Local 25 Pension Fund 2024
Drywall Tapers Annuity Fund Board Of Trustees Drywall Tapers Annuity Fund 2024
Drywall Pension Fund Board Of Trustees Drywall Pension Fund 2024
Heat & Frost Insulators Local No. 33 Pension Plan Board Of Trustees Heat & Frost Insulators Loc No. 33 Pension Fund 2024
Pension Fund United Scenic Artists Local 829 Board Of Trustees Of Pension Fund 2024
Pension Fund Of Local No. One Of I. A. T. S. E. Board Of Trustees, Pension Fund Of Local No. One Of I.A.T.S.E. 2024
National Automatic Sprinkler Industry Fund Office Employees Pension Plan Joint Board Of Trustees Of National Automatic Sprinkler Industry Welfa Landover, MD 2024
Mcasf Local 725 Defined Contribution Retirement Plan Board Of Trustees Mcasf Local 725 Defined Contribution Retirement Plan 2024
Mcasf Local 725 Pension Plan Board Of Trustees Mcasf Local 725 Pension Trust Fund 2024
Chicago Tile Institute Pension Fund Board Of Trustees Chicago Tile Institute Pension Fund 2024
Retail, Wholesale & Department Store International Union And Industry Pension Fund Board Of Trustees Of Retail Wholesale & Dept Store Birmingham, AL 2024
Mo Kan Teamsters Pension Fund Mo Kan Teamsters Pension Fund 2024
Central Laborers' Pension Fund Board Of Trustees Of Central Laborers' Pension Fund Jacksonville, IL 2024
Ocu Pension Trust Trustees Of The Ocu Pension Trust 2024
Southern California Plastering Institute Pension Trust Fund Board Of Trustees Southern California Plastering Institute Covina, CA 2024
Ibew Local 683 Pension Fund Pension Plan Ibew Local 683 Board Of Trustees 2024
U. A. Local No. 159 Defined Benefit Plan Board Of Trustees Of U.A. Local No. 159 Pension Trust 2024
United Assn Full Time Sal Off & Emp Of Locl Unions Councils, St & Prov Pen Plan U A Local Union Officers & Employees Pension Fund Annapolis, MD 2024
Westchester Heavy Construction Laborers Local 60 Pension Fund Board Of Trustees Local 60 Pension Fund Hawthorne, NY 2024
National Electrical Benefit Fund Trustees Of The National Electrical Benefit Fund 2024
Teamster Local 282 Annuity Trust Fund Board Of Trustees Local 282 2024
Local 282 Pension Trust Fund Board Of Trustees Of Local 282 2024
Pavers & Road Builders Dc Pension Fund Pavers & Road Builders Dc Pension 2024
Ibew Local 573 Pension Plan Trustees Of Ibew Local No. 573 Pension Plan 2024
Connecticut Laborers' Pension Plan Connecticut Laborers' Pension Fund Board Of Trustees West Haven, CT 2024
Steamfitters Industry Pension Fund Board Of Trustees Steamfitters Industry Pension Fund 2024
Chicagoland Race Meet Operators And Local 134 I.B.E.W. Joint Pension Trust Trustees Of Chicagoland Race Meet Operators And Local 134 Ibew Jt Pen 2024
Southern District Ubc Defined Contribution Fund Board Of Trustees Of The Southern District Ubc Defined Contribution F 2024
Kern County Electrical Workers Pension Fund Board Of Trustees, Kern County Electrical Workers 2024
Brotherhood Of Locomotive Engineers And Trainmen Long Island Pension Fund Board Of Trustees 2024
Painting Industry Annuity Fund Board Of Trustees Of The Painting Industry Annuity Fund 2024
New Jersey Building Laborers Statewide Pension Fund Bd Of Trustees New Jersey Building Laborers Statewide Pension Fund 2024
Board Of Trustees Op Plasterers & Cement Masons L262 Pension Board Of Trustees Op Plasterers & Cement Masons L262 Pension 2024
United Wire, Metal & Machine Pension Fund Board Of Trustees Of U.W.M. & M. Pension Fund Long Island City, NY 2024
Cement Masons Local 780 Pension Fund Cement Masons Local 780 Pension Fund 2024
International Brotherhood Of Electrical Workers Local Union 98 Pension Plan Board Of Trustees International Brotherh Electrical Workers Pension Pl 2024
Marble Industry Annuity Trust Fund Board Of Trustees Of Marble 2024
Plumbers And Steamfitters Local 486 Pension Fund Plumbers And Steamfitters 486 Pension Fund Board Of Trustees 2024

People (8)

NameRole / titleCredentialsWith firm sinceOwnership
Kolben, Herbert Director, Sr. Vice President Feb 2011 (16y) Less than 5%
Larocque, Richard, Francis Chief Compliance Officer Jul 2011 (15y) Less than 5%
Linehan, Joseph, Richard President, Director Aug 2011 (15y) Less than 5%
Humphrey, Cathy, Ann Director, Chief Operating Officer Jan 2012 (15y) Less than 5%
Scott, Kenneth, Dunlop Director Aug 2017 (9y) Less than 5%
Darcey, Hugh, James Sr. Vice President, Real Estate Equity Fund Jun 2023 (3y) Less than 5%
Haley, Peter, T Sr. Vice President Jan 2024 (3y) Less than 5%
Yu, Yinan Chief Financial Officer, Secretary, Treasurer, Director Feb 2024 (3y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Ullico Inc. Beneficial Owner Jan 1990 A 75% or more

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (9, $7.0B gross assets)

FundTypeGross assetsMin. investmentOwners
Ullico Infrastructure Tax Exempt Fund, L.P. Private Equity Fund $4.9B $5.0M 270
Ullico Infrastructure Taxable Fund, L.P. Private Equity Fund $703M $5.0M 23
Ullico Diversified International Equity Fund, L.P Other Private Fund $680M $1.0M 16
The Union Labor Life Insurance Company Separate Account W1 Other Private Fund $400M $0 59
The Union Labor Life Insurance Company Separate Account R Other Private Fund $199M $0 13
Ullico International Small Cap Fund, L.P. Other Private Fund $90.6M $1.0M 2
The Union Labor Life Insurance Company Separate Account C Other Private Fund $39.9M $0 9
The Union Labor Life Insurance Company Separate Account T Other Private Fund $607K $0 2
Ullico Value Add Real Estate Fund I, L.P. Real Estate Fund $0 $1.0M 0

From Form ADV Section 7.B private fund reporting.

Retirement plans served (100)

PlanSponsorParticipantsPlan assetsAs of
Waterfront Employers Ila Pension Plan Board Of Trustees Waterfront Employers Ila Pension Plan 1,342 $520M 10/01/2024
Ibew Local 505 Neca Pension Plan Ibew Local 505 Neca Pension Plan 442 $71.7M 09/01/2024
Pension Plan For Local Union 527 Of Operative Plasterers And Cement Masons Operative Plasterers & Cement Masons Local 527 Pension Trust 502 $163M 08/01/2024
Western Glaziers Retirement Plan Board Of Trustees Of Western Glaziers Retirement Plan 388 $216M 08/01/2024
Hotel Union And Hotel Industry Of Hawaii Pension Plan Board Of Trustees Of The Hotel Union & Hotel Industry Of Hawaii Pensio 7,585 $763M 08/01/2024
Employers And Cement Masons Local 90 Pension Plan Employers And Cement Masons Local 90 Pension Plan 424 $77.5M 08/01/2024
Employers And Laborers Locals 100 & 397 Pension Fund Employers And Laborers Locals 100 & 397 Pension Fund 428 $136M 08/01/2024
Sheet Metal Workers Local 218(s) Pension Plan Sheet Metal Workers Local 218(s) Pension Fund 147 $61.2M 08/01/2024
Southern Illinois Laborers & Employers Annuity Fund Trustees Of Southern Illinois Laborers & Employers Annuity Fund 2,640 $166M 08/01/2024
Int'l Brotherhood Of Electrical Workers' Pension Benefit Fund International Brotherhood Of Electrical Workers' Pension Benefit Fund 472,935 $2.8B 07/01/2024
Plumbers Local 9 Pension Plan Plumbers Local 9 Pension Fund 738 $308M 07/01/2024
Ibew Local 43 & Electrical Contractors Pension Fund Ibew Local 43 & Electrical Contractors Pension Fund 925 $271M 07/01/2024
Ironworkers National Pension Plan Ironworkers National Pension Plan Board Of Trustees 2,852 $503M 07/01/2024
Local 191 I.B.E.W. Money Purchase Plan Board Of Trustees, Local 191 I.B.E.W. Money 4,177 $238M 07/01/2024
Afl Cio Staff Retirement Plan Afl Cio Staff Retirement Plan Congress Of Industrial Organizations 1,182 $776M 07/01/2024
Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund Board Of Trustees, Iron Workers Local No. 5 & Iwea 817 $425M 07/01/2024
Laborers Local 1298 Of Nassau & Suffolk Counties Pension Fund Board Of Trustees Local 1298 Pension Fund 1,224 $479M 07/01/2024
Painters And Allied Trades District Council No.35 Annuity Fund Painters Annuity Council No. 35 Annuity Fund 2,820 $527M 07/01/2024
Painters And Allied Trades District Council No. 35 Pension Fund Bd Of Trustees Pdc Pension Fund 2,235 $806M 07/01/2024
Operating Engineers Pension Trust Board Of Trustees, Operating Engineers Pension Trust 14,517 $3.8B 07/01/2024
Metal Trades Branch Local 638 Pension Fund Metal Trades Branch Local 638 Pension Fund 3,224 $1.0B 07/01/2024
Ibew Local No. 100 Pension Plan Board Of Trustees, Ibew Local No. 100 Pension Plan 875 $209M 07/01/2024
Pension Fund Local 96 Ibew Board Of Trustees Pension Fund Local 96 Ibew 305 $68.8M 07/01/2024
32 Bj School Workers Pension Fund Board Of Trustees Of The 32 Bj School Workers Pension Fund 5,309 $625M 07/01/2024
New York District Council Of Carpenters Pension Pl Board Of Trustees Of Nycdcc Pension Fund 10,331 $5.4B 07/01/2024

Top 25 of 100 plans by assets.

From Form 5500 service-provider disclosures.

Foundations & charities (4)

OrganizationTypeAssetsAs of
Ocu Health & Welfare Trust Public charity $298M 12/31/2024
International Brotherhood Of Electrical Workers Public charity $2.6B 06/30/2024
Chicago & Vicinity Laborers Distrct Cncil Retire Health & Welfare Plan Public charity $771M 05/31/2024
Chicago & Vicinity Laborers District Council Health & Welfare Public charity $680M 05/31/2024

From IRS Form 990 investment-management-fee disclosures.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/31/2026 3.94 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management

Services

  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses/institutional clients
  • Selection of other advisers

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports having custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.

View current Form ADV (SEC/IAPD) ↗