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
Norcal Insurance Company Pension Plan
Corporate pensionBirmingham, AL
Assets
$32.5M
Total assets, Dec 31, 2024 reported
Funded
118.8%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
12
none on the tape
Plan sponsor: Norcal Insurance Company
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Pooled separate accounts 100.0%
Consultants and advisers
2 firms
- Principal Global Investors LLC Investment adviser (plan)through Dec 31, 2022 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
- Principal12 rows, latest Dec 31, 2024
Commitments
12 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 Diversified Intl Sa-Zseparate account | Principal | Hedge / diversifiers | $959,842 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Prin Lgcp S&p 500 Index Sa-Zseparate account | Principal | Pooled vehicles | $2.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Prin Ldi Long Duration Sa-Zseparate account | Principal | Fixed income | $17.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Prin Ldi Intrm Dur Sep Acct-Zseparate account | Principal | Pooled vehicles | $11.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Prin Diversified Intl Sa-Zseparate account | Principal | Hedge / diversifiers | $1.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Prin Lgcp S&p 500 Index Sa-Zseparate account | Principal | Pooled vehicles | $2.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Prin Ldi Long Duration Sa-Zseparate account | Principal | Fixed income | $21.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Prin Ldi Intrm Dur Sep Acct-Zseparate account | Principal | Pooled vehicles | $13.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Diversified Intl Sa-Zseparate account | Principal | Hedge / diversifiers | $1.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Lgcp S&p 500 Index Sa-Zseparate account | Principal | Pooled vehicles | $2.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Ldi Long Duration Sa-Zseparate account | Principal | Fixed income | $20.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Ldi Intrm Dur Sep Acct-Zseparate account | Principal | Pooled vehicles | $12.2M held | Disclosed holding | askebsa.dol.gov |
Size and funding
33 readings
Investment management fees
$29,556 (2023-12) · $33,570 (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 | 227 | $76.1M | $70.5M | 118.8% | $32.5M | n/a | n/a | n/a |
| 2023 to Dec 31, 2023 | 241 | $75.4M | $71.5M | 116.1% | $38.3M | n/a | n/a | n/a |
| 2022 to Dec 31, 2022 | 265 | $110M | $74.2M | 146.5% | $36.1M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Principal Life Insurance Company codes 13 50 64 $225,870 PY2024
- Principal Global Investors LLC codes 27 50 $29,411 PY2024
- Prin Diversified Intl Sa-Z Sched. D P $959,842 PY2024
- Prin Ldi Intrm Dur Sep Acct-Z Sched. D P $11.8M PY2024
- Prin Lgcp S&p 500 Index Sa-Z Sched. D P $2.4M PY2024
- Prin Ldi Long Duration Sa-Z Sched. D P $17.4M PY2024
- Principal Financial Group codes 11 PY2024
- Principal Life Insurance Company codes 13 50 64 $198,607 PY2023
- Principal Global Investors LLC codes 27 50 $29,556 PY2023
- Prin Diversified Intl Sa-Z Sched. D P $1.1M PY2023
- Prin Lgcp S&p 500 Index Sa-Z Sched. D P $2.7M PY2023
- Prin Ldi Long Duration Sa-Z Sched. D P $21.1M PY2023
- Prin Ldi Intrm Dur Sep Acct-Z Sched. D P $13.4M PY2023
- Principal Financial Group codes 11 PY2023
- Principal Life Insurance Company codes 13 50 64 $206,750 PY2022
- Principal Global Investors LLC codes 27 50 $33,570 PY2022
- Brown Schulz Sheridan & codes 10 50 $8,500 PY2022
- Principal U.S. Property Sa-Z Sched. D P PY2022
- Prin Diversified Intl Sa-Z Sched. D P $1.2M PY2022
- Prin Lgcp S&p 500 Index Sa-Z Sched. D P $2.6M PY2022
- Prin Smcap S&p 600 Index Sa-Z Sched. D P PY2022
- Prin Midcap S&p 400 Idx Sa-Z Sched. D P PY2022
- Prin Ldi Long Duration Sa-Z Sched. D P $20.2M PY2022
- Principal Overseas Sep Acct-Z Sched. D P PY2022
- Prin Ldi Intrm Dur Sep Acct-Z Sched. D P $12.2M PY2022
- Prin Ldi Ext Dur Sep Acct-Z Sched. D P PY2022
- Prin Org Emg Mkts Sep Acct-Z Sched. D P PY2022
- Prin Intl Smallcap Sep Acct-Z Sched. D P PY2022
- Principal Financial Group codes 11 PY2022
What changed
4 events
- Dec 31, 2024Assets changedNorcal Insurance Company Pension Plan total assets $38M -> $32M (-15.1%, 2023-12-31 to 2024-12-31)
- Jan 1, 2024Funded status changedNorcal Insurance Company Pension Plan funded ratio 116.1% -> 118.8% (2023-01-01 to 2024-01-01)
- Jan 1, 2023Funded status changedNorcal Insurance Company Pension Plan funded ratio 146.5% -> 116.1% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedNorcal Insurance Company Pension Plan plan assets $110M -> $75M (-31.7%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 942301054-002
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.