Target Corporation Pension Plan

Corporate pension· Brooklyn Park, Minnesota

Corporate pension, based in Brooklyn Park, Minnesota, reporting $3.3B in assets, for 85,402 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$3.3B
Funded ratio
102.8%
Fund commitments
22
Managers
9
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 31 Dec 2024, Herron Palmer appears on Target Corporation Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023).

7 more advisers, 6 more managers, 50 more commitments and 7 more dated events

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

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Capital path

who backs this record, through what, into what; each name opens its own path
Target Corporation Pension Plan
Funds committed to
All 22

Relationship network

76 connected entities53 observed commitments26 repeat counterparties43 dated commitments shown here, 2022 to 2024

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Fund or vehicle
  • Service provider
  • Organization
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesCorporate pensionShow
Corporate pension
Assets
$3.3B
Total assets, Dec 31, 2024 reported
Funded
102.8%
Jan 1, 2024
Private markets target
no policy read
policy Dec 31, 2024
Commitments
22
5 managers on Schedule C
Plan sponsor: Target Corporation

Allocation policy

Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 7.6%
  • Non-interest-bearing cash 0.4%
  • Corporate debt instruments (other) 16.2%
  • Corporate debt instruments (preferred) 17.8%
  • U.S. Government securities 13.8%
  • Other investments 0.2%
  • Partnership/joint venture interests 9.9%
  • 103-12 investment entities 8.2%
  • Common/collective trusts 24.9%

Consultants and advisers

10 firms

+7 more consultants and advisers advise this allocator

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

People

No investment staff or executives have been read for this allocator yet.

Manager roster

9 managers on the commitment tape
From the plan’s own commitment disclosures

+6 more managers received commitments

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

From Schedule C (investment management, code 28)

+8 more Schedule C managers

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What changed

12 events
  • Dec 31, 2024Holding endedinference
    Target Corporation Pension Plan no longer reports Blackrock Msci Acwi Ex-U.s. Fund (Blackrock Institutional Trust Co,na) (last held $3 at 2023-12-31; absent from the 2024-12-31 filing)
    with Blackrock Institutional Trust Co,naaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Target Corporation Pension Plan no longer reports Blackrock Msci Acwi Ex-Us Index (last held $123M at 2023-12-31; absent from the 2024-12-31 filing)
    with Blackrock Msci Acwi Ex-Us Indexaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Target Corporation Pension Plan no longer reports Russell 3000 Index Non-Lendable Fun (Blackrock) (last held $187M at 2023-12-31; absent from the 2024-12-31 filing)
    with Blackrockaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Herron Palmer appears on Target Corporation Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Pacific Resources Benefitaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Target Corporation Pension Plan no longer reports S.S. US Reit Indx Nl (State Street - Russell 2000) (last held $42M at 2022-12-31; absent from the 2023-12-31 filing)
    with State Street Global Advisors Trust Companyaskebsa.dol.gov

+7 more dated events

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

53 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Market Advantage Ltdcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$242M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Adams Street Prtnrshp Fund 2005 US103 12 ieAdams Street Partners, LLCPooled vehicles$12,209 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Brinson Non-Us Prtrshp Fd 2000 P Fcollective trustUBS Asset ManagementPublic equity$14,419 heldDisclosed holdingaskebsa.dol.gov

+50 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

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Size and funding

33 readings
Total assets
$3.3B Dec 31, 2024 reported Form 5500
$3.5B (2023-12) · $3.3B (2022-12)
Plan assets
$3.5B Jan 1, 2024 reported Form 5500
$3.5B (2023-01) · $4.6B (2022-01)
Net assets
$3.3B Dec 31, 2024 reported Form 5500
$3.5B (2023-12) · $3.3B (2022-12)
Funded ratio
102.8% Jan 1, 2024 reported Form 5500
102.7% (2023-01) · 111.4% (2022-01)
Funding target
$3.4B Jan 1, 2024 reported Form 5500
$3.5B (2023-01) · $3.4B (2022-01)
Discount rate
5.13% Jan 1, 2024 reported Form 5500
5.25% (2023-01) · 5.42% (2022-01)
Participants
85,402 Jan 1, 2024 reported Form 5500
96,362 (2023-01) · 109,664 (2022-01)
Contributions
$9.8M Dec 31, 2024 reported Form 5500
$154M (2023-12) · $1.7M (2022-12)
Benefits paid
$336M Dec 31, 2024 reported Form 5500
$320M (2023-12) · $297M (2022-12)
Net investment income
-$227M Dec 31, 2024 reported Form 5500
$192M (2023-12) · -$1.3B (2022-12)
Investment management fees
$4.0M Dec 31, 2024 reported Form 5500
$4.0M (2023-12) · $4.2M (2022-12)

Form 5500 filings

3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202485,402$3.5B$3.4B102.8%$3.3B$329MNot disclosedNot disclosed
2023 to Dec 31, 202396,362$3.5B$3.5B102.7%$3.5B$353MNot disclosedNot disclosed
2022 to Dec 31, 2022109,664$4.6B$3.4B111.4%$3.3B$345MNot disclosedNot disclosed
Service providers and investment entities as filed (Schedule C and D, latest year first)

+109 more service providers

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Provenance

Identifiers: EIN-PN 410215170-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 29, 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.
Capital chain

Target Corporation Pension Plan sits on 26 traced paths of capital across the graphs.

Consultant to allocator to managerAllocator commitments to a manager

DFX traced 26 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Record history

12 dated events on the change ledger, latest event first
  • Holding in a pooled vehicle ended
    2024-12-31source on record
  • Holding in a pooled vehicle ended
    2024-12-31source on record
  • Holding in a pooled vehicle ended
    2024-12-31source on record

+9 more changes on this record's ledger

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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+22 connections on the graph

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