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

CFG Pension Plan

Corporate pensionJohnston, RI
Assets
$1.2B
Total assets, Dec 31, 2024 reported
Funded
120.3%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
21
none on the tape
Plan sponsor: Citizens Financial Group, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 3.1%
  • Corporate debt instruments (other) 6.5%
  • Corporate debt instruments (preferred) 3.9%
  • U.S. Government securities 1.3%
  • Other investments 0.2%
  • Common/collective trusts 80.1%
  • Registered investment companies 2.8%
  • Preferred stock 0.1%
Consultants and advisers
6 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
21 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024MFS International Equity Fundcollective trustMFS Heritage Trust CompanyPublic equity$166M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Blackrock Long Corporate Index Fundcollective trustBlackrock Institutional Trust CoPooled vehicles$208M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024PRU U.S. Long Duration Corp Bdcollective trustPrudential Trust Co.Fixed income$164M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$80.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Equity Index Non-Lendable Fundcollective trustBlackrock Institutional Trust CoPublic equity$188M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Jennison Small/mid Cap Equity Fundcollective trustPrudential Trust Co.Public equity$58.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Fiam Global Low Volatility Equity Ccollective trustFidelity Institutional Asset MgmtPublic equity$96.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023MFS International Equity Fundcollective trustMFS Heritage Trust CompanyPublic equity$187M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Blackrock Long Corporate Index Fundcollective trustBlackrock Institutional Trust CoPooled vehicles$154M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023PRU U.S. Long Duration Corp Bdcollective trustPrudential Trust Co.Fixed income$166M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$91.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Equity Index Non-Lendable Fundcollective trustBlackrock Institutional Trust CoPublic equity$198M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Jennison Small/mid Cap Equity Fundcollective trustPrudential Trust Co.Public equity$62.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Fiam Global Low Volatility Equity Ccollective trustFidelity Institutional Asset MgmtPublic equity$99.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Long Corp Bond Index Non-Lendablecollective trustBlackrock Institutional Trust CoFixed income$148M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022QMA Emerging- Markets Equitycollective trustPrudential Trust Co.Public equity$149M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$78.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Equity Index Non-Lendable Fundcollective trustBlackrock Institutional Trust CoPublic equity$188M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Jennison Small/mid Cap Equity Fundcollective trustPrudential Trust Co.Public equity$55.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Fiam Global Low Volatility Equity Ccollective trustFidelity Institutional Asset MgmtPublic equity$93.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022MFS International Equity Fundcollective trustMFS Heritage Trust CompanyPublic equity$157M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$1.2B Dec 31, 2024 reported Form 5500
$1.1B (2023-12) · $1.1B (2022-12)
Plan assets
$1.1B Jan 1, 2024 reported Form 5500
$1.1B (2023-01) · $1.4B (2022-01)
Net assets
$1.2B Dec 31, 2024 reported Form 5500
$1.1B (2023-12) · $1.1B (2022-12)
Funded ratio
120.3% Jan 1, 2024 reported Form 5500
117.2% (2023-01) · 131.4% (2022-01)
Funding target
$782M Jan 1, 2024 reported Form 5500
$801M (2023-01) · $802M (2022-01)
Discount rate
5.14% Jan 1, 2024 reported Form 5500
5.27% (2023-01) · 5.45% (2022-01)
Participants
11,406 Jan 1, 2024 reported Form 5500
11,753 (2023-01) · 12,134 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$56.1M Dec 31, 2024 reported Form 5500
$60.3M (2023-12) · $69.1M (2022-12)
Net investment income
$16.4M Dec 31, 2024 reported Form 5500
$86.8M (2023-12) · $-338M (2022-12)
Investment management fees
$1.5M Dec 31, 2024 reported Form 5500
$1.5M (2023-12) · $871,785 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202411,406$1.1B$782M120.3%$1.2Bn/an/an/a
2023 to Dec 31, 202311,753$1.1B$801M117.2%$1.1Bn/an/an/a
2022 to Dec 31, 202212,134$1.4B$802M131.4%$1.1B$0n/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
11 events
  • Dec 31, 2024Consultant changedinference
    Deloitte appears on CFG Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Deloitteaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Fidelity no longer appears on CFG Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Fidelity Institutional Asset Mgmtaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    CFG Pension Plan funded ratio 117.2% -> 120.3% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    CFG Pension Plan no longer reports QMA Emerging- Markets Equity (Prudential Trust Co.) (last held $149M at 2022-12-31; absent from the 2023-12-31 filing)
    with Prudential Trust Co.askebsa.dol.gov
  • Dec 31, 2023Holding started
    CFG Pension Plan first reports an interest in Blackrock Long Corporate Index Fund: $154M at 2023-12-31
    with Blackrock Long Corporate Index Fundaskebsa.dol.gov
  • Dec 31, 2023Holding started
    CFG Pension Plan first reports an interest in PRU U.S. Long Duration Corp Bd (Prudential Trust Co.): $166M at 2023-12-31
    with Prudential Trust Co.askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    CFG Pension Plan no longer reports Long Corp Bond Index Non-Lendable (last held $148M at 2022-12-31; absent from the 2023-12-31 filing)
    with Long Corp Bond Index Non-Lendableaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Deloitte & Touche LLP no longer appears on CFG Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Deloitteaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    United Forms Finishing no longer appears on CFG Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with United Forms Finishingaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    CFG Pension Plan funded ratio 131.4% -> 117.2% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    CFG Pension Plan plan assets $1.4B -> $1.1B (-24.2%, 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 050412693-001
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.