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.
Corporate pension
Cowles Company Retirement Plan
Corporate pensionSpokane, WA
Assets
n/a
Total assets, Sep 16, 2025 reported
Funded
100.5%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
9
none on the tape
Plan sponsor: Cowles Company
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Interest-bearing cash 1.2%
- Corporate debt instruments (other) 57.4%
- U.S. Government securities 23.1%
- Other investments 3.8%
- Pooled separate accounts 1.9%
Consultants and advisers
6 firms
- D.A. Davidson & Co. Investment adviser (plan)through Sep 16, 2025 Form 5500
- Principal Global Investors LLC Investment adviser (plan)through Sep 16, 2025 Form 5500
- Mercer Investments LLC Investment adviser (plan)through Dec 31, 2022 Form 5500
- Agilis Partners LLC Actuarythrough Sep 16, 2025 Form 5500
- Bankers Trust Company Trusteethrough Sep 16, 2025 Form 5500
- Principal Financial Group Actuarythrough Dec 31, 2022 Form 5500
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
- Principal9 rows, latest Dec 31, 2024
Commitments
9 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Prin Liquid Assets Sep Acct-Zseparate account | Principal | Pooled vehicles | $1.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Prin Liquid Assets Sep Acct-Zseparate account | Principal | Pooled vehicles | $1.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Liquid Assets Sep Acct-Zseparate account | Principal | Pooled vehicles | $1.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Lgcp S&p 500 Index Sa-Zseparate account | Principal | Pooled vehicles | $4.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Smcap S&p 600 Index Sa-Zseparate account | Principal | Pooled vehicles | $2.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Midcap S&p 400 Idx Sa-Zseparate account | Principal | Pooled vehicles | $2.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Largecap Growth I Sa-Zseparate account | Principal | Pooled vehicles | $3.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Equity Income Sa-Zseparate account | Principal | Fixed income | $3.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Intl Equity Index Sa-Zseparate account | Principal | Public equity | $971,585 held | Disclosed holding | askebsa.dol.gov |
Size and funding
40 readings
Contributions
$9.9M (2024-12) · $1.3M (2023-12) · $5.0M (2022-12)
Benefits paid
$30.6M (2024-12) · $11.0M (2023-12) · $11.6M (2022-12)
Net investment income
$-20.1M (2024-12) · $7,528 (2023-12) · $-33.4M (2022-12)
Investment management fees
$33,875 (2024-12) · $20,000 (2023-12) · $19,822 (2022-12)
Form 5500 filings
4 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2025 to Sep 16, 2025 | 365 | n/a | n/a | n/a | $0 | n/a | n/a | n/a |
| 2024 to Dec 31, 2024 | 425 | $107M | $111M | 100.5% | $87.1M | n/a | n/a | n/a |
| 2023 to Dec 31, 2023 | 1,077 | $107M | $118M | 97.5% | $107M | n/a | n/a | n/a |
| 2022 to Dec 31, 2022 | 1,134 | $140M | $119M | 113.7% | $107M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Agilis codes 11 50 $92,768 PY2025
- Bankers Trust Company codes 21 50 $54,753 PY2025
- Principal Life Insurance Company codes 13 50 64 $24,408 PY2025
- Principal Global Investors, LLC codes 27 50 $18,099 PY2025
- D a Davidson and Co codes 27 50 $15,000 PY2025
- Dbt codes 10 50 $10,000 PY2025
- Morrison & Foerster LLP codes 29 50 $6,224 PY2025
- Prin Liquid Assets Sep Acct-Z Sched. D P PY2025
- Bankers Trust Company codes 21 50 $248,674 PY2024
- Principal Life Insurance Company codes 13 50 64 $186,970 PY2024
- Agilis codes 11 13 50 $87,315 PY2024
- D.A. Davidson & Co. codes 27 50 $33,875 PY2024
- Dbt codes 10 50 $11,900 PY2024
- Prin Liquid Assets Sep Acct-Z Sched. D P $1.6M PY2024
- Principal Financial Group codes 11 PY2024
- Bankers Trust Company codes 21 50 $193,133 PY2023
- Principal Life Insurance Company codes 13 50 64 $87,239 PY2023
- DA Davidson and Co codes 27 50 $19,822 PY2023
- Dbt codes 10 50 $11,000 PY2023
- Prin Equity Income Sa-Z Sched. D P PY2023
- Prin Liquid Assets Sep Acct-Z Sched. D P $1.6M PY2023
- Prin Lgcp S&p 500 Index Sa-Z Sched. D P PY2023
- Prin Smcap S&p 600 Index Sa-Z Sched. D P PY2023
- Prin Midcap S&p 400 Idx Sa-Z Sched. D P PY2023
- Prin Largecap Growth I Sa-Z Sched. D P PY2023
- Prin Intl Equity Index Sa-Z Sched. D P PY2023
- Principal Financial Group codes 11 PY2023
- Bankers Trust Company codes 21 50 $228,141 PY2022
- Principal Life Insurance Company codes 13 50 64 $54,012 PY2022
- Mercer Investment Mgmt codes 27 50 $20,000 PY2022
- Dbt codes 10 50 $9,900 PY2022
- Prin Liquid Assets Sep Acct-R6 Sched. D P $1.5M PY2022
- Prin Lgcap S&p 500 Index Sa-I3 Sched. D P $4.8M PY2022
- Prin Smcap S&p 600 Index Sa-R6 Sched. D P $2.9M PY2022
- Prin Largecap Growth I Sa-I2 Sched. D P $3.8M PY2022
- Prin Equity Income Sa-I3 Sched. D P $3.9M PY2022
- Prin Intl Equity Index Sa-I3 Sched. D P $971,585 PY2022
- Prin Midcap S&p 400 Idx Sa-R6 Sched. D P $2.9M PY2022
- Principal Financial Group codes 11 PY2022
What changed
14 events
- Dec 31, 2025Consultant changedinferencePrincipal Global Investors, LLC appears on Cowles Company Retirement Plan's Schedule C as investment adviser (plan) (plan year 2025 vs 2024)with Principal Global Investors LLCaskebsa.dol.gov
- Sep 16, 2025Assets changedCowles Company Retirement Plan total assets $87M -> $0 (-100.0%, 2024-12-31 to 2025-09-16)
- Dec 31, 2024Assets changedCowles Company Retirement Plan total assets $107M -> $87M (-18.6%, 2023-12-31 to 2024-12-31)
- Jan 1, 2024Funded status changedCowles Company Retirement Plan funded ratio 97.5% -> 100.5% (2023-01-01 to 2024-01-01)
- Dec 31, 2023Holding endedinferenceCowles Company Retirement Plan no longer reports Prin Smcap S&p 600 Index Sa-Z (Principal) (last held $3M at 2022-12-31; absent from the 2023-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceCowles Company Retirement Plan no longer reports Prin Equity Income Sa-Z (Principal) (last held $4M at 2022-12-31; absent from the 2023-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceCowles Company Retirement Plan no longer reports Prin Lgcp S&p 500 Index Sa-Z (Principal) (last held $5M at 2022-12-31; absent from the 2023-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceCowles Company Retirement Plan no longer reports Prin Intl Equity Index Sa-Z (Principal) (last held $971,585 at 2022-12-31; absent from the 2023-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceCowles Company Retirement Plan no longer reports Prin Midcap S&p 400 Idx Sa-Z (Principal) (last held $3M at 2022-12-31; absent from the 2023-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceCowles Company Retirement Plan no longer reports Prin Largecap Growth I Sa-Z (Principal) (last held $4M at 2022-12-31; absent from the 2023-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceMercer Investment Mgmt no longer appears on Cowles Company Retirement Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with Mercer Investments LLCaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceDA Davidson and Co appears on Cowles Company Retirement Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with D.A. Davidson & Co.askebsa.dol.gov
- Jan 1, 2023Funded status changedCowles Company Retirement Plan funded ratio 113.7% -> 97.5% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedCowles Company Retirement Plan plan assets $140M -> $107M (-23.9%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 910420030-001
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.