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

Shure Incorporated Employees' Retirement Plan

Corporate pensionNiles, IL

Assets

$14.6M

Total assets, Dec 31, 2024 reported

Funded

74.0%

Jan 1, 2024

Private markets target

n/a

policy Dec 31, 2024

Commitments

none on the tape

Plan sponsor: Shure Incorporated

Allocation policy

Form 5500, as of Dec 31, 2024

Actual allocation lines without a target (as filed)

Interest-bearing cash 2.4%
Common/collective trusts 95.1%

Consultants and advisers

2 firms

Mercer Actuarythrough Dec 31, 2022 Form 5500
US Bank Custodianthrough Dec 31, 2022 Form 5500

People

No investment staff or executives have been read for this allocator yet.

Manager roster

2 managers on the commitment tape

From the plan’s own commitment disclosures

State Street Gbl Equity1 rows, latest Dec 31, 2023
State Street - Russell 20001 rows, latest Dec 31, 2022

From Schedule C (investment management, code 28)

Mercer Investments LLCplan years 2022

Commitments

27 rows, 0 dated closings

Disclosed holdings (from the plan’s performance or holdings report, as of the report date)

Date	Fund	Manager	Bucket	Amount	Status	Source
as of Dec 31, 2024	Mercer Long Strips Fixed Incomecollective trust	Mercer Trust LLC	Fixed income	$2.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mercer US Large Cap Core Passive Eqcollective trust	Mercer Trust LLC	Public equity	$2.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mercer Non-Us Core Equity Portfoliocollective trust	Mercer Trust LLC	Public equity	$1.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mercer Passive Long Credit Fixed incollective trust	Mercer Trust LLC	Private credit	$4.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mercer Emerging Markets Equity Portcollective trust	Mercer Trust LLC	Public equity	$516,524 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mercer Global Low Volatility Equitycollective trust	Mercer Trust LLC	Public equity	$205,025 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mercer Opportunistic Fixed Incomecollective trust	Mercer Trust LLC	Hedge / diversifiers	$1.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mercer US Small/mid Cap Equity Portcollective trust	Mercer Trust LLC	Public equity	$445,166 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mercer Active Intermediate Credit Fcollective trust	Mercer Trust LLC	Private credit	$369,954 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Ssga Intermediate US Govt Bond Indxcollective trust	State Street Gbl Equity	Fixed income	$532,491 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mercer US Large Cap Core Passive Eqcollective trust	Mercer Trust LLC	Public equity	$2.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mercer Non-Us Core Equity Portfoliocollective trust	Mercer Trust LLC	Public equity	$1.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mercer Passive Long Government Fixecollective trust	Mercer Trust LLC	Pooled vehicles	$1.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mercer Passive Long Credit Fixed incollective trust	Mercer Trust LLC	Private credit	$4.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mercer Emerging Markets Equity Portcollective trust	Mercer Trust LLC	Public equity	$899,658 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mercer Global Low Volatility Equitycollective trust	Mercer Trust LLC	Public equity	$813,838 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mercer Opportunistic Fixed Incomecollective trust	Mercer Trust LLC	Hedge / diversifiers	$680,940 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mercer US Small/mid Cap Equity Portcollective trust	Mercer Trust LLC	Public equity	$628,338 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mercer Active Intermediate Credit Fcollective trust	Mercer Trust LLC	Private credit	$541,756 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	CF Russell Small Cap (r) Indx Nl Sfcollective trust	State Street - Russell 2000	Public equity	$568,785 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Mercer US Large Cap Core Passive Eqcollective trust	Mercer Trust LLC	Public equity	$2.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Mercer Non-Us Core Equity Portfoliocollective trust	Mercer Trust LLC	Public equity	$1.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Mercer Passive Long Government Fixecollective trust	Mercer Trust LLC	Pooled vehicles	$1.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Mercer Passive Long Credit Fixed incollective trust	Mercer Trust LLC	Private credit	$5.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Mercer Emerging Markets Equity Portcollective trust	Mercer Trust LLC	Public equity	$996,706 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Mercer Global Low Volatility Equitycollective trust	Mercer Trust LLC	Public equity	$962,089 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Mercer Opportunistic Fixed Incomecollective trust	Mercer Trust LLC	Hedge / diversifiers	$671,420 held	Disclosed holding	askebsa.dol.gov

Size and funding

33 readings

Total assets

$14.6M Dec 31, 2024 reported Form 5500

$15.1M (2023-12) · $14.7M (2022-12)

Plan assets

$15.1M Jan 1, 2024 reported Form 5500

$14.7M (2023-01) · $21.7M (2022-01)

Net assets

$14.6M Dec 31, 2024 reported Form 5500

$15.1M (2023-12) · $14.7M (2022-12)

Funded ratio

74.0% Jan 1, 2024 reported Form 5500

73.5% (2023-01) · 89.7% (2022-01)

Funding target

$21.6M Jan 1, 2024 reported Form 5500

$22.1M (2023-01) · $22.3M (2022-01)

Discount rate

5.06% Jan 1, 2024 reported Form 5500

5.19% (2023-01) · 5.36% (2022-01)

Participants

310 Jan 1, 2024 reported Form 5500

318 (2023-01) · 325 (2022-01)

Contributions

$1.2M Dec 31, 2024 reported Form 5500

$1.1M (2023-12) · $238,000 (2022-12)

Benefits paid

$1.7M Dec 31, 2024 reported Form 5500

$1.6M (2023-12) · $2.4M (2022-12)

Net investment income

$-532,109 Dec 31, 2024 reported Form 5500

$364,751 (2023-12) · $-6.9M (2022-12)

Investment management fees

$109,952 Dec 31, 2024 reported Form 5500

$105,869 (2023-12) · $104,362 (2022-12)

Form 5500 filings

3 plan years

Plan year	Participants	Assets (SB market)	Funding target	FTAP	Total assets (H)	Partnerships / JV	Master trust	Real estate
2024 to Dec 31, 2024	310	$15.1M	$21.6M	74.0%	$14.6M	n/a	n/a	n/a
2023 to Dec 31, 2023	318	$14.7M	$22.1M	73.5%	$15.1M	n/a	n/a	n/a
2022 to Dec 31, 2022	325	$21.7M	$22.3M	89.7%	$14.7M	n/a	n/a	n/a

Service providers and investment entities as filed (Schedule C and D, latest year first)

Mercer US LLC codes 11 14 17 50 $113,542 PY2024
Mercer Investments LLC codes 28 50 51 52 70 $109,952 PY2024
Seyfarth Shaw LLP. codes 29 50 $48,885 PY2024
Plante & Moran, PLLC codes 10 50 $18,500 PY2024
U.S. Bank National Association codes 19 21 50 62 $10,000 PY2024
Mercer Emerging Markets Equity Port Sched. D C $516,524 PY2024
Mercer Opportunistic Fixed Income Sched. D C $1.7M PY2024
Mercer US Small/mid Cap Equity Sched. D C $445,166 PY2024
Mercer Activ Inter Credit Fi Port Sched. D C $369,954 PY2024
Mercer Global Low Volatility Equity Sched. D C $205,025 PY2024
Mercer Long Strips Fxd Sched. D C $2.5M PY2024
Mercer US Large Cap Core Passive Eq Sched. D C $2.7M PY2024
Mercer Non-Us Core Equity Portfolio Sched. D C $1.2M PY2024
Mercer Passv Long Credit Fi Portfol Sched. D C $4.2M PY2024
Mercer codes 11 PY2024
Mercer US LLC codes 11 14 17 50 $113,896 PY2023
Mercer Investments LLC codes 28 50 51 52 70 $105,869 PY2023
Seyfarth Shaw LLP. codes 29 50 $29,012 PY2023
Plante & Moran, PLLC codes 10 50 $16,500 PY2023
U.S. Bank National Association codes 19 21 50 62 $10,000 PY2023
Mercer Opportunistic Fixed Income Sched. D C $680,940 PY2023
State Street Int US Govt Bond Ind Sched. D C $532,491 PY2023
Mercer US Large Cap Core Passive Eq Sched. D C $2.2M PY2023
Mercer Non-Us Core Equity Portfolio Sched. D C $1.7M PY2023
Mercer Passv Long Govt Fi Portfolio Sched. D C $1.9M PY2023
Mercer Passv Long Credit Fi Portfol Sched. D C $4.4M PY2023
Mercer Emerging Markets Equity Port Sched. D C $899,658 PY2023
Mercer Global Low Volatility Equity Sched. D C $813,838 PY2023
Mercer US Small/mid Cap Equity Sched. D C $628,338 PY2023
Mercer Activ Inter Credit Fi Port Sched. D C $541,756 PY2023
Mercer codes 11 PY2023
Mercer Investments LLC codes 28 50 51 52 70 $104,362 PY2022
Mercer US Inc. codes 11 14 17 50 $103,372 PY2022
Seyfarth Shaw LLP. codes 29 50 $19,537 PY2022
Plante & Moran, PLLC codes 10 50 $14,000 PY2022
U.S. Bank National Association codes 19 21 50 62 $10,000 PY2022
State Street Russell Small Cap Ind Sched. D C $568,785 PY2022
Mercer US Large Cap Core Passive Eq Sched. D C $2.3M PY2022
Mercer Non-Us Core Equity Portfolio Sched. D C $1.5M PY2022
Mercer Passv Long Govt Fi Portfolio Sched. D C $1.6M PY2022
Mercer Passv Long Credit Fi Portfol Sched. D C $5.7M PY2022
Mercer Emerging Markets Equity Port Sched. D C $996,706 PY2022
Mercer Global Low Volatility Equity Sched. D C $962,089 PY2022
Mercer Opportunistic Fixed Income Sched. D C $671,420 PY2022
Mercer codes 11 PY2022

What changed

9 events

Dec 31, 2024Holding endedinference
Shure Incorporated Employees' Retirement Plan no longer reports Ssga Intermediate US Govt Bond Indx (State Street Gbl Equity) (last held $532,491 at 2023-12-31; absent from the 2024-12-31 filing)
with State Street Gbl Equityaskebsa.dol.gov
Dec 31, 2024Holding started
Shure Incorporated Employees' Retirement Plan first reports an interest in Mercer Long Strips Fixed Income: $3M at 2024-12-31
with Mercer Long Strips Fixed Incomeaskebsa.dol.gov
Dec 31, 2024Holding endedinference
Shure Incorporated Employees' Retirement Plan no longer reports Mercer Passive Long Government Fixe (last held $2M at 2023-12-31; absent from the 2024-12-31 filing)
with Mercer Passive Long Government Fixeaskebsa.dol.gov
Dec 31, 2023Holding started
Shure Incorporated Employees' Retirement Plan first reports an interest in Ssga Intermediate US Govt Bond Indx (State Street Gbl Equity): $532,491 at 2023-12-31
with State Street Gbl Equityaskebsa.dol.gov
Dec 31, 2023Holding started
Shure Incorporated Employees' Retirement Plan first reports an interest in Mercer US Small/mid Cap Equity Port: $628,338 at 2023-12-31
with Mercer US Small/mid Cap Equity Portaskebsa.dol.gov
Dec 31, 2023Holding endedinference
Shure Incorporated Employees' Retirement Plan no longer reports CF Russell Small Cap (r) Indx Nl Sf (State Street - Russell 2000) (last held $568,785 at 2022-12-31; absent from the 2023-12-31 filing)
with State Street - Russell 2000askebsa.dol.gov
Dec 31, 2023Holding started
Shure Incorporated Employees' Retirement Plan first reports an interest in Mercer Active Intermediate Credit F: $541,756 at 2023-12-31
with Mercer Active Intermediate Credit Faskebsa.dol.gov
Jan 1, 2023Funded status changed
Shure Incorporated Employees' Retirement Plan funded ratio 89.7% -> 73.5% (2022-01-01 to 2023-01-01)
askebsa.dol.gov
Jan 1, 2023Assets changed
Shure Incorporated Employees' Retirement Plan plan assets $22M -> $15M (-32.0%, 2022-01-01 to 2023-01-01)
askebsa.dol.gov

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Provenance

Identifiers: EIN-PN 362060824-002

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.