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
Borgwarner Inc. Retirement Plan
Corporate pensionAuburn Hills, MI
Assets
$127M
Total assets, Dec 31, 2024 reported
Funded
88.3%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
33
none on the tape
Plan sponsor: Borgwarner Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Other investments 0.0%
- Common/collective trusts 100.0%
Consultants and advisers
6 firms
- Towers Watson Investment Services, Pension consultantthrough Dec 31, 2022 Form 5500
- Blackrock Institutional Trust Compa Trusteethrough Dec 31, 2024 Form 5500
- Blackrock Institutional Trust Co,na Trusteethrough Dec 31, 2022 Form 5500
- State Street Global Advisors Custodianthrough Dec 31, 2022 Form 5500
- Northern Trust Co. Trusteethrough Dec 31, 2022 Form 5500
- Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
5 managers on the commitment tape
From the plan’s own commitment disclosures
- Towers Watson Investment Services,9 rows, latest Dec 31, 2024
- Northern Trust Collective Eafe Inde9 rows, latest Dec 31, 2024
- Blackrock Institutional Trust6 rows, latest Dec 31, 2024
- Blackrock3 rows, latest Dec 31, 2024
- State Street - Russell 20003 rows, latest Dec 31, 2024
Commitments
33 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 | Treasury U.S. 20 Year Key Rate Duracollective trust | Blackrock | Fixed income | $353,989 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Treasury US 10 Yr Key Rate Durationcollective trust | Blackrock Institutional Trust | Fixed income | $2.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | WTW Gt Long Credit Fundcollective trust | Towers Watson Investment Services, | Private credit | $20.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Treasury U.S. 5 Year Key Rate Duratcollective trust | Blackrock Institutional Trust Company, N.A. | Fixed income | $3.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | WTW Gt Real Asset Fundcollective trust | Towers Watson Investment Services, | Real assets | $15.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | NT Collective Short Term Investmentcollective trust | Northern Trust Collective Eafe Inde | Cash | $18.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | All-Country World Ex-Us Index Fundcollective trust | Northern Trust Collective Eafe Inde | Pooled vehicles | $16.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | NT Coltv 1-10 Yr Intermed Govt Bdcollective trust | Northern Trust Collective Eafe Inde | Pooled vehicles | $17.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | State St Lng US Govt Bd Ind Nl Fundcollective trust | State Street - Russell 2000 | Pooled vehicles | $16.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | WTW Gt Diversified Credit Fundcollective trust | Towers Watson Investment Services, | Private credit | $14.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Treasury US 15 Yr Key Rate Durationcollective trust | Blackrock Institutional Trust | Fixed income | $1.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | WTW Gt Real Asset Fundcollective trust | Towers Watson Investment Services, | Real assets | $15.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | NT Collective Short Term Investmentcollective trust | Northern Trust Collective Eafe Inde | Cash | $2.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | All-Country World Ex-Us Index Fundcollective trust | Northern Trust Collective Eafe Inde | Pooled vehicles | $17.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | NT Coltv 1-10 Yr Intermed Govt Bdcollective trust | Northern Trust Collective Eafe Inde | Pooled vehicles | $18.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | State St Lng US Govt Bd Ind Nl Fundcollective trust | State Street - Russell 2000 | Pooled vehicles | $17.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | WTW Gt Diversified Credit Fundcollective trust | Towers Watson Investment Services, | Private credit | $13.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Treasury US 15 Yr Key Rate Durationcollective trust | Blackrock Institutional Trust | Fixed income | $2.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Treasury U.S. 20 Year Key Rate Duracollective trust | Blackrock | Fixed income | $562,532 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Treasury US 10 Yr Key Rate Durationcollective trust | Blackrock Institutional Trust | Fixed income | $4.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | WTW Gt Long Credit Fundcollective trust | Towers Watson Investment Services, | Private credit | $25.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Treasury U.S. 5 Year Key Rate Duratcollective trust | Blackrock Institutional Trust Company, N.A. | Fixed income | $4.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | WTW Gt Real Asset Fundcollective trust | Towers Watson Investment Services, | Real assets | $19.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | NT Collective Short Term Investmentcollective trust | Northern Trust Collective Eafe Inde | Cash | $3.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | All-Country World Ex-Us Index Fundcollective trust | Northern Trust Collective Eafe Inde | Pooled vehicles | $17.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | NT Coltv 1-10 Yr Intermed Govt Bdcollective trust | Northern Trust Collective Eafe Inde | Pooled vehicles | $21.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | State St Lng US Govt Bd Ind Nl Fundcollective trust | State Street - Russell 2000 | Pooled vehicles | $16.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | WTW Gt Diversified Credit Fundcollective trust | Towers Watson Investment Services, | Private credit | $16.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Treasury US 15 Yr Key Rate Durationcollective trust | Blackrock Institutional Trust | Fixed income | $2.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Treasury U.S. 20 Year Key Rate Duracollective trust | Blackrock | Fixed income | $554,480 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Treasury US 10 Yr Key Rate Durationcollective trust | Blackrock Institutional Trust | Fixed income | $3.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | WTW Gt Long Credit Fundcollective trust | Towers Watson Investment Services, | Private credit | $22.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Treasury U.S. 5 Year Key Rate Duratcollective trust | Blackrock Institutional Trust Company, N.A. | Fixed income | $4.4M held | Disclosed holding | askebsa.dol.gov |
Size and funding
33 readings
Investment management fees
$231,156 (2023-12) · $244,828 (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 | 2,059 | $123M | $130M | 88.3% | $127M | $0 | $0 | $0 |
| 2023 to Dec 31, 2023 | 2,171 | $129M | $138M | 88.7% | $123M | $0 | $0 | $0 |
| 2022 to Dec 31, 2022 | 2,334 | $177M | $146M | 105.0% | $129M | $0 | $0 | $0 |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Willis Towers Watson US LLC codes 11 14 50 $365,930 PY2024
- Towers Watson Investment Services codes 17 28 51 $244,522 PY2024
- Northern Trust codes 21 50 51 68 72 $110,518 PY2024
- Grant Thornton LLP codes 10 50 $43,200 PY2024
- Blackrock Institutional Trust Compa codes 21 24 28 50 51 $7,228 PY2024
- Ssga Long US Govt Index Fund Sched. D C $16.4M PY2024
- WTW Gt Diversified Credit Fund Sched. D C $14.6M PY2024
- Blackrock Treas 15 Yr Non Lend Fd Sched. D C $1.7M PY2024
- Blackrock Treas 20 Yr Non Lend Fd Sched. D C $353,989 PY2024
- Blackrock Treas 10 Yr Non Lend Fd Sched. D C $2.9M PY2024
- WTW Gt Long Credit Fund Sched. D C $20.4M PY2024
- Blackrock Treas 5 Yr Non Lend Fd Sched. D C $3.1M PY2024
- WTW Gt Real Assets Fund Sched. D C $15.1M PY2024
- Coltv Short Term Investment Fund Sched. D C $18.8M PY2024
- NT Coltv All Country World Fund Nl Sched. D C $16.0M PY2024
- MFB Nt Coltv 1-10yr Intr Govt Bond Sched. D C $17.2M PY2024
- Willis Towers Watson US LLC codes 11 PY2024
- Towers Watson Investment Services codes 17 28 51 $220,083 PY2023
- Willis Towers Watson US LLC codes 11 14 50 $119,635 PY2023
- Northern Trust codes 21 50 51 68 72 $119,573 PY2023
- Grant Thornton LLP codes 10 50 $43,250 PY2023
- Blackrock Institutional Trust Compa codes 21 24 28 50 51 $8,452 PY2023
- MFB Nt Coltv 1-10yr Intr Govt Bond Sched. D C $18.5M PY2023
- Ssga Long US Govt Index Fund Sched. D C $17.5M PY2023
- WTW Gt Diversified Credit Fund Sched. D C $13.2M PY2023
- Blackrock Treas 15 Yr Non Lend Fd Sched. D C $2.8M PY2023
- Blackrock Treas 20 Yr Non Lend Fd Sched. D C $562,532 PY2023
- Blackrock Treas 10 Yr Non Lend Fd Sched. D C $4.8M PY2023
- WTW Gt Long Credit Fund Sched. D C $25.4M PY2023
- Blackrock Treas 5 Yr Non Lend Fd Sched. D C $4.2M PY2023
- WTW Gt Real Assets Fund Sched. D C $15.6M PY2023
- Coltv Short Term Investment Fund Sched. D C $2.2M PY2023
- NT Coltv All Country World Fund Nl Sched. D C $17.7M PY2023
- Willis Towers Watson US LLC codes 11 PY2023
- Willis Towers Watson US LLC codes 11 14 50 $474,995 PY2022
- Towers Watson Investment Services codes 17 28 51 $232,450 PY2022
- Northern Trust codes 21 50 51 68 72 $162,281 PY2022
- Grant Thornton LLP codes 10 50 $60,375 PY2022
- Blackrock Institutional Trust Compa codes 21 24 28 50 51 $6,744 PY2022
- State Street Global Advisors Trust codes 18 19 51 $5,634 PY2022
- WTW Gt Diversified Credit Fund Sched. D C $16.5M PY2022
- Blackrock Treas 15 Yr Non Lend Fd Sched. D C $2.1M PY2022
- Blackrock Treas 20 Yr Non Lend Fd Sched. D C $554,480 PY2022
- Blackrock Treas 10 Yr Non Lend Fd Sched. D C $3.9M PY2022
- WTW Gt Long Credit Fund Sched. D C $22.9M PY2022
- Blackrock Treas 5 Yr Non Lend Fd Sched. D C $4.4M PY2022
- WTW Gt Real Assets Fund Sched. D C $19.4M PY2022
- Coltv Short Term Investment Fund Sched. D C $3.0M PY2022
- NT Coltv All Country World Fund Nl Sched. D C $17.6M PY2022
- MFB Nt Coltv 1-10yr Intr Govt Bond Sched. D C $21.8M PY2022
- Ssga Long US Govt Index Fund Sched. D C $16.9M PY2022
- Willis Towers Watson US LLC codes 11 PY2022
What changed
2 events
- Jan 1, 2023Funded status changedBorgwarner Inc. Retirement Plan funded ratio 105.0% -> 88.7% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedBorgwarner Inc. Retirement Plan plan assets $177M -> $129M (-26.9%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 133404508-001
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.