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

Enbridge Employee Services, Inc. Employees' Pension Plan

Corporate pensionHouston, TX
Assets
$1.1B
Total assets, Dec 31, 2024 reported
Funded
96.9%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
40
2 managers on Schedule C
Plan sponsor: Enbridge Employee Services, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.5%
  • Other investments 0.0%
  • Partnership/joint venture interests 33.1%
  • Common/collective trusts 60.3%
  • Registered investment companies 0.9%
  • Common stock 4.6%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
7 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
40 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024GQG Partners Global Equity Fund Citcollective trustReliance Trust CompanyPublic equity$55.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Blackrock Msci World Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$139M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Long Term Govt Bond Index Fundcollective trustBlackrock Insti. Trust Company, N.AFixed income$66.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Msci Emerging Markets Free Fundcollective trustBlackrock Institutional Trust Company, N.A.Public equity$15.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Blackrock Msci Can Small Cap Equitycollective trustBlackrock Institutional Trust Company, N.A.Public equity$723,000 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Blackrock Msci Eafe Small Cap Equitcollective trustBlackrock Institutional Trust Company, N.A.Public equity$6.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Blackrock Msci USA Small Cap Equitycollective trustBlackrock Institutional Trust Company, N.A.Public equity$11.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Brandes Global Small Cap Portfoliocollective trustBrandes Investment Partners,l.p.Public equity$25.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Long Term Credit Bond Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Private credit$202M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024World Ex-Us Alpha Tilts Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$26.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Cc&l Q Emerging Markets Equity Fundcollective trustConnor, Clark & Lunn InvestmentPublic equity$23.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024EB Temporary Investmentcollective trustBNY MellonPooled vehicles$20.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Russell 1000 Alpha Tilts Fundcollective trustBlackrock Institutionsl Trust CompPooled vehicles$75.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023GQG Partners Global Equity Fund Citcollective trustReliance Trust CompanyPublic equity$33.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Blackrock Msci World Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$130M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Msci Emerging Markets Free Fundcollective trustBlackrock Institutional Trust Company, N.A.Public equity$870,000 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Blackrock Msci Can Small Cap Equitycollective trustBlackrock Institutional Trust Company, N.A.Public equity$175,000 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Blackrock Msci Eafe Small Cap Equitcollective trustBlackrock Institutional Trust Company, N.A.Public equity$1.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Blackrock Msci USA Small Cap Equitycollective trustBlackrock Institutional Trust Company, N.A.Public equity$2.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Brandes Global Small Cap Portfoliocollective trustBrandes Investment Partners,l.p.Public equity$30.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long Term Credit Bond Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Private credit$125M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023World Ex-Us Alpha Tilts Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$23.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Cc&l Q Emerging Markets Equity Fundcollective trustConnor, Clark & Lunn InvestmentPublic equity$14.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Jpmcb Global Emerging Mkts Discovercollective trustJP Morgan Chase BankPooled vehicles$5.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023EB Temporary Investmentcollective trustBNY MellonPooled vehicles$4.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell 1000 Alpha Tilts Fundcollective trustBlackrock Institutionsl Trust CompPooled vehicles$55.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long Term Govt Bond Index Fundcollective trustBlackrock Insti. Trust Company, N.AFixed income$39.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022World Ex-Us Alpha Tilts Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$20.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Cc&l Q Emerging Markets Equity Fundcollective trustConnor, Clark & Lunn InvestmentPublic equity$13.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Jpmcb Global Emerging Mkts Discovercollective trustJP Morgan Chase BankPooled vehicles$7.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022EB Temporary Investmentcollective trustBNY MellonPooled vehicles$9.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell 1000 Alpha Tilts Fundcollective trustBlackrock Institutionsl Trust CompPooled vehicles$43.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022GQG Partners Global Equity Fund Citcollective trustReliance Trust CompanyPublic equity$28.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Blackrock Msci World Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$138M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022US Debt Index Fundcollective trustBlackrockPrivate credit$163M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Msci Emerging Markets Free Fundcollective trustBlackrock Institutional Trust Company, N.A.Public equity$796,000 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Blackrock Msci Can Small Cap Equitycollective trustBlackrock Institutional Trust Company, N.A.Public equity$136,000 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Blackrock Msci Eafe Small Cap Equitcollective trustBlackrock Institutional Trust Company, N.A.Public equity$1.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Blackrock Msci USA Small Cap Equitycollective trustBlackrock Institutional Trust Company, N.A.Public equity$1.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Brandes Global Small Cap Portfoliocollective trustBrandes Investment Partners,l.p.Public equity$25.8M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$1.1B Dec 31, 2024 reported Form 5500
$875M (2023-12) · $846M (2022-12)
Plan assets
$817M Jan 1, 2024 reported Form 5500
$796M (2023-01) · $928M (2022-01)
Net assets
$1.1B Dec 31, 2024 reported Form 5500
$875M (2023-12) · $846M (2022-12)
Funded ratio
96.9% Jan 1, 2024 reported Form 5500
103.5% (2023-01) · 107.3% (2022-01)
Funding target
$685M Jan 1, 2024 reported Form 5500
$668M (2023-01) · $659M (2022-01)
Discount rate
5.11% Jan 1, 2024 reported Form 5500
5.20% (2023-01) · 5.36% (2022-01)
Participants
7,685 Jan 1, 2024 reported Form 5500
7,770 (2023-01) · 8,046 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$67.5M Dec 31, 2024 reported Form 5500
$51.9M (2023-12) · $75.7M (2022-12)
Net investment income
$5.4M Dec 31, 2024 reported Form 5500
$29.1M (2023-12) · $-155M (2022-12)
Investment management fees
$5.3M Dec 31, 2024 reported Form 5500
$3.9M (2023-12) · $4.5M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20247,685$817M$685M96.9%$1.1B$367Mn/an/a
2023 to Dec 31, 20237,770$796M$668M103.5%$875M$353Mn/an/a
2022 to Dec 31, 20228,046$928M$659M107.3%$846M$349Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
16 events
  • Dec 31, 2024Holding endedinference
    Enbridge Employee Services, Inc. Employees' Pension Plan no longer reports Jpmcb Global Emerging Mkts Discover (JP Morgan Chase Bank) (last held $6M at 2023-12-31; absent from the 2024-12-31 filing)
    with JP Morgan Chase Bankaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Willis Tower Watson US LLC appears on Enbridge Employee Services, Inc. Employees' Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Willis Towers Watson US LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Oaktree Capital Management, LP appears on Enbridge Employee Services, Inc. Employees' Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Oaktree Capital Management, LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    BCA Research Inc appears on Enbridge Employee Services, Inc. Employees' Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with BCA Research Incaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    JP Morgan Chase Bank, N.A. no longer appears on Enbridge Employee Services, Inc. Employees' Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with JP Morgan Chase Bankaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    Enbridge Employee Services, Inc. Employees' Pension Plan total assets $875M -> $1.1B (+26.5%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Enbridge Employee Services, Inc. Employees' Pension Plan funded ratio 103.5% -> 96.9% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding started
    Enbridge Employee Services, Inc. Employees' Pension Plan first reports an interest in Long Term Govt Bond Index Fund (Blackrock Insti. Trust Company, N.A): $39M at 2023-12-31
    with Blackrock Insti. Trust Company, N.Aaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Enbridge Employee Services, Inc. Employees' Pension Plan first reports an interest in Long Term Credit Bond Index Fund: $125M at 2023-12-31
    with Long Term Credit Bond Index Fundaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Enbridge Employee Services, Inc. Employees' Pension Plan no longer reports US Debt Index Fund (Blackrock) (last held $163M at 2022-12-31; absent from the 2023-12-31 filing)
    with Blackrockaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    BCA Research Inc no longer appears on Enbridge Employee Services, Inc. Employees' Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with BCA Research Incaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Wellington Trust Company no longer appears on Enbridge Employee Services, Inc. Employees' Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Wellington Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    BNF Blackrock Institutional no longer appears on Enbridge Employee Services, Inc. Employees' Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with BNF Blackrock Institutionalaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    DW Healthcare Partners no longer appears on Enbridge Employee Services, Inc. Employees' Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with DW Healthcare Partnersaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Enbridge Employee Services, Inc. Employees' Pension Plan funded ratio 107.3% -> 103.5% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Enbridge Employee Services, Inc. Employees' Pension Plan plan assets $928M -> $796M (-14.1%, 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 760697621-002
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.