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

Kern Regional Center Defined Benefit Retirement Plan

Corporate pensionBakersfield, CA
Assets
$54.0M
Total assets, Jun 30, 2025 reported
Funded
95.2%
Jul 1, 2024
Private markets target
n/a
policy Jun 30, 2025
Commitments
5
none on the tape
Plan sponsor: Kern Regional Center
Allocation policy
Form 5500, as of Jun 30, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 2.8%
  • Corporate debt instruments (other) 59.3%
  • U.S. Government securities 33.4%
  • Insurance company general account 3.4%
  • Registered investment companies 0.2%
Consultants and advisers
2 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
5 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Jun 30, 2025Fidelity 500 Indexseparate accountMassmutualPooled vehicles$133,951 heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2024Fidelity 500 Indexseparate accountPimcoPooled vehicles$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2023Massmutual Mid Cap Growth Iseparate accountColumbia Mgmt Investment AdvisersPooled vehicles$2.2M heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2023Fidelity 500 Indexseparate accountDelware Funds by MacquariePooled vehicles$922,350 heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2023Massmutual US Govt Mny Mkt R5separate accountMassmutualPooled vehicles$1.7M heldDisclosed holdingaskebsa.dol.gov
Size and funding
31 readings
Total assets
$54.0M Jun 30, 2025 reported Form 5500
$55.2M (2024-06) · $45.0M (2023-06)
Plan assets
$55.2M Jul 1, 2024 reported Form 5500
$52.3M (2023-07) · $41.1M (2022-07)
Net assets
$54.0M Jun 30, 2025 reported Form 5500
$55.2M (2024-06) · $45.0M (2023-06)
Funded ratio
95.2% Jul 1, 2024 reported Form 5500
90.0% (2023-07) · 84.5% (2022-07)
Funding target
$51.6M Jul 1, 2024 reported Form 5500
$51.4M (2023-07) · $48.6M (2022-07)
Discount rate
5.32% Jul 1, 2024 reported Form 5500
5.33% (2023-07) · 5.51% (2022-07)
Participants
265 Jul 1, 2024 reported Form 5500
275 (2023-07) · 275 (2022-07)
Contributions
$0 Jun 30, 2025 reported Form 5500
$7.5M (2024-06) · $2.6M (2023-06)
Benefits paid
$2.5M Jun 30, 2025 reported Form 5500
$2.5M (2024-06) · $2.6M (2023-06)
Net investment income
$-1.2M Jun 30, 2025 reported Form 5500
$10.2M (2024-06) · $3.9M (2023-06)
Investment management fees
$163,726 Jun 30, 2025 reported Form 5500
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Jun 30, 2025265$55.2M$51.6M95.2%$54.0Mn/an/an/a
2023 to Jun 30, 2024275$52.3M$51.4M90.0%$55.2Mn/an/an/a
2022 to Jun 30, 2023275$41.1M$48.6M84.5%$45.0Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • World Investment Advisors LLC codes 27 $47,957 PY2024
  • Empower Annuity Ins Co of America codes 64 PY2024
  • Vanguard Short-Term Bond Index Adm Sched. D P $133,951 PY2024
  • Fidelity Advisor Total Bond M Sched. D P PY2024
  • Pgim Total Return Bond Z Sched. D P PY2024
  • Vanguard Long-Term Investment-Grade Sched. D P PY2024
  • Pimco Income a Sched. D P PY2024
  • Milliman, Inc codes 11 PY2024
  • Pensionmark Financial Group LLC codes 27 $43,771 PY2023
  • Empower Annuity Ins Co of America codes 64 PY2023
  • Fidelity Advisor Total Bond M Sched. D P $4.6M PY2023
  • Massmutual Infl-Prot and Inc Svc Sched. D P PY2023
  • MFS Value R3 Sched. D P PY2023
  • Invesco Developing Markets Y Sched. D P PY2023
  • Columbia High Yield Bond Adv Sched. D P PY2023
  • DWS Rreef Real Estate Securities S Sched. D P PY2023
  • Jpmorgan US Equity R4 Sched. D P PY2023
  • American Fund New World R4 Sched. D P PY2023
  • Pioneer Fundamental Growth Y Sched. D P PY2023
  • T.ROWE Price New Horizons Sched. D P PY2023
  • Massmutual Small Cap Opps Svc Sched. D P PY2023
  • Jpmorgan Large Cap Growth R4 Sched. D P PY2023
  • American Funds Capital World Gr&inc Sched. D P PY2023
  • Putnam International Capital Opp a Sched. D P PY2023
  • Vanguard Long-Term Investment-Grade Sched. D P $38.1M PY2023
  • Fidelity Advisor(r) Strategic Incom Sched. D P PY2023
  • Pgim Total Return Bond Z Sched. D P $4.6M PY2023
  • Vanguard Short-Term Bond Index Adm Sched. D P $5.1M PY2023
  • Pimco Income a Sched. D P $1.1M PY2023
  • Delaware Small Cap Value Instl Sched. D P PY2023
  • Milliman, Inc codes 11 PY2023
  • Pensionmark Financial Group LLC codes 27 $27,900 PY2022
  • Empower Annuity Ins Co of America codes 64 PY2022
  • Invesco Global Opportunities Y Sched. D P PY2022
  • Putnam International Capital Opp a Sched. D P $3.1M PY2022
  • DWS Rreef Real Estate Securities S Sched. D P $1.4M PY2022
  • Jpmorgan US Equity R4 Sched. D P $4.8M PY2022
  • Pioneer Fundamental Growth Y Sched. D P $2.4M PY2022
  • T.ROWE Price New Horizons Sched. D P $3.4M PY2022
  • Massmutual Small Cap Opps Svc Sched. D P $1.4M PY2022
  • Fidelity Advisor Total Bond M Sched. D P $4.0M PY2022
  • Massmutual Infl-Prot and Inc Svc Sched. D P $1.7M PY2022
  • Jpmorgan Large Cap Growth R4 Sched. D P $2.0M PY2022
  • American Funds Capital World Gr&inc Sched. D P $2.8M PY2022
  • Fidelity Advisor(r) Strategic Incom Sched. D P $890,380 PY2022
  • Pgim Total Return Bond Z Sched. D P $4.0M PY2022
  • Vanguard Short-Term Bond Index Adm Sched. D P $2.6M PY2022
  • Pimco Income a Sched. D P $895,938 PY2022
  • Delaware Small Cap Value Instl Sched. D P $922,350 PY2022
  • Massmutual Blue Chip Growth Svc Sched. D P PY2022
  • Columbia High Yield Bond Adv Sched. D P $2.2M PY2022
  • Invesco Developing Markets Y Sched. D P $1.3M PY2022
  • MFS Value R3 Sched. D P $3.7M PY2022
  • Milliman, Inc codes 11 PY2022
What changed
8 events
  • Dec 31, 2024Consultant changedinference
    Pensionmark Financial Group LLC no longer appears on Kern Regional Center Defined Benefit Retirement Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
    with World Investment Advisors, LLCaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    World Investment Advisors LLC appears on Kern Regional Center Defined Benefit Retirement Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
    with World Investment Advisors, LLCaskebsa.dol.gov
  • Jul 1, 2024Funded status changed
    Kern Regional Center Defined Benefit Retirement Plan funded ratio 90.0% -> 95.2% (2023-07-01 to 2024-07-01)
  • Jun 30, 2024Holding endedinference
    Kern Regional Center Defined Benefit Retirement Plan no longer reports Massmutual Mid Cap Growth I (last held $2M at 2023-06-30; absent from the 2024-06-30 filing)
    with Massmutual Mid Cap Growth Iaskebsa.dol.gov
  • Jun 30, 2024Holding endedinference
    Kern Regional Center Defined Benefit Retirement Plan no longer reports Massmutual US Govt Mny Mkt R5 (last held $2M at 2023-06-30; absent from the 2024-06-30 filing)
    with Massmutual US Govt Mny Mkt R5askebsa.dol.gov
  • Jun 30, 2024Assets changed
    Kern Regional Center Defined Benefit Retirement Plan total assets $45M -> $55M (+22.6%, 2023-06-30 to 2024-06-30)
  • Jul 1, 2023Funded status changed
    Kern Regional Center Defined Benefit Retirement Plan funded ratio 84.5% -> 90.0% (2022-07-01 to 2023-07-01)
  • Jul 1, 2023Assets changed
    Kern Regional Center Defined Benefit Retirement Plan plan assets $41M -> $52M (+27.1%, 2022-07-01 to 2023-07-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 237115846-003
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.