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

Torrance Health Association Employees Retirement Plan

Corporate pensionTorrance, CA
Assets
$436M
Total assets, Dec 31, 2024 reported
Funded
105.9%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
1 managers on Schedule C
Plan sponsor: Torrance Health Association
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.3%
  • Non-interest-bearing cash 3.1%
  • Corporate debt instruments (other) 19.5%
  • U.S. Government securities 20.1%
  • Other investments 5.0%
  • Registered investment companies 27.7%
  • Common stock 24.3%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
10 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
33 readings
Total assets
$436M Dec 31, 2024 reported Form 5500
$431M (2023-12) · $406M (2022-12)
Plan assets
$429M Jan 1, 2024 reported Form 5500
$406M (2023-01) · $480M (2022-01)
Net assets
$436M Dec 31, 2024 reported Form 5500
$431M (2023-12) · $406M (2022-12)
Funded ratio
105.9% Jan 1, 2024 reported Form 5500
109.3% (2023-01) · 115.7% (2022-01)
Funding target
$366M Jan 1, 2024 reported Form 5500
$364M (2023-01) · $353M (2022-01)
Discount rate
5.18% Jan 1, 2024 reported Form 5500
5.32% (2023-01) · 5.49% (2022-01)
Participants
2,907 Jan 1, 2024 reported Form 5500
2,959 (2023-01) · 3,020 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$19.3M Dec 31, 2024 reported Form 5500
$18.9M (2023-12) · $18.8M (2022-12)
Net investment income
$4.8M Dec 31, 2024 reported Form 5500
$25.5M (2023-12) · $-73.8M (2022-12)
Investment management fees
$1.1M Dec 31, 2024 reported Form 5500
$1.0M (2023-12) · $1.0M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20242,907$429M$366M105.9%$436Mn/an/an/a
2023 to Dec 31, 20232,959$406M$364M109.3%$431Mn/an/an/a
2022 to Dec 31, 20223,020$480M$353M115.7%$406Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
5 events
  • Jan 1, 2024Funded status changed
    Torrance Health Association Employees Retirement Plan funded ratio 109.3% -> 105.9% (2023-01-01 to 2024-01-01)
  • Dec 31, 2023Consultant changedinference
    Guardian Financial appears on Torrance Health Association Employees Retirement Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)
    with Guardian Financialaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Lazard Asset Management, LLC no longer appears on Torrance Health Association Employees Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Lazard Asset Management LLCaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Torrance Health Association Employees Retirement Plan funded ratio 115.7% -> 109.3% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Torrance Health Association Employees Retirement Plan plan assets $480M -> $406M (-15.4%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 330073515-001
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.