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

Belk Pension Plan

Corporate pensionCharlotte, NC
Assets
$310M
Total assets, Dec 31, 2024 reported
Funded
135.6%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
3
none on the tape
Plan sponsor: Belk Stores Services, LLC
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 5.3%
  • Corporate debt instruments (other) 17.0%
  • U.S. Government securities 38.4%
  • Partnership/joint venture interests 0.7%
  • Common/collective trusts 24.9%
  • Registered investment companies 3.0%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
3 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Russell 3000 Index Non-Lendable Funcollective trustBlackrockPooled vehicles$32.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell 3000 Index Non-Lendable Funcollective trustBlackrockPooled vehicles$36.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell 3000 Index Non-Lendable Funcollective trustBlackrockPooled vehicles$38.3M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$310M Dec 31, 2024 reported Form 5500
$271M (2023-12) · $237M (2022-12)
Plan assets
$227M Jan 1, 2024 reported Form 5500
$217M (2023-01) · $297M (2022-01)
Net assets
$223M Dec 31, 2024 reported Form 5500
$227M (2023-12) · $217M (2022-12)
Funded ratio
135.6% Jan 1, 2024 reported Form 5500
130.1% (2023-01) · 151.9% (2022-01)
Funding target
$181M Jan 1, 2024 reported Form 5500
$184M (2023-01) · $182M (2022-01)
Discount rate
5.08% Jan 1, 2024 reported Form 5500
5.21% (2023-01) · 5.39% (2022-01)
Participants
2,867 Jan 1, 2024 reported Form 5500
2,995 (2023-01) · 3,231 (2022-01)
Benefits paid
$12.1M Dec 31, 2024 reported Form 5500
$12.9M (2023-12) · $12.9M (2022-12)
Net investment income
$-3.7M Dec 31, 2024 reported Form 5500
$9.8M (2023-12) · $-80.2M (2022-12)
Investment management fees
$559,091 Dec 31, 2024 reported Form 5500
$501,398 (2023-12) · $586,192 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20242,867$227M$181M135.6%$310M$2.1Mn/an/a
2023 to Dec 31, 20232,995$217M$184M130.1%$271M$2.8Mn/an/a
2022 to Dec 31, 20223,231$297M$182M151.9%$237M$3.4Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Buck Global, LLC codes 11 $277,989 PY2024
  • Pimco codes 28 50 $221,059 PY2024
  • Towers Watson codes 50 $219,840 PY2024
  • Income Research and Management codes 28 50 $168,892 PY2024
  • State Street Bank & Trust Company codes 14 50 $152,020 PY2024
  • Belk Store Services codes 14 50 $136,465 PY2024
  • Condent Hr codes 10 15 17 50 $42,000 PY2024
  • Forvis Mazars, LLP codes 10 50 $22,750 PY2024
  • Blackrock codes 28 50 $18,603 PY2024
  • Image Group codes 50 $9,390 PY2024
  • Russell 3000 Indx Non-Lendable Fund Sched. D C $32.3M PY2024
  • Willis Towers Watson US, LLC. codes 11 PY2024
  • Buck Global, LLC codes 11 $287,940 PY2023
  • Towers Watson codes 50 $264,296 PY2023
  • Pimco codes 28 50 $204,080 PY2023
  • Income Research and Management codes 28 50 $164,601 PY2023
  • State Street Bank & Trust Company codes 14 50 $113,394 PY2023
  • Belk Store Services codes 14 50 $111,492 PY2023
  • Condent Hr codes 10 15 17 50 $42,000 PY2023
  • Forvis Mazars, LLP codes 10 50 $22,750 PY2023
  • Blackrock codes 28 50 $18,524 PY2023
  • Susan Reisner codes 29 50 $8,761 PY2023
  • Russell 3000 Indx Non-Lendable Fund Sched. D C $36.8M PY2023
  • Willis Towers Watson US, LLC. codes 11 PY2023
  • Buck Global, LLC codes 11 $280,871 PY2022
  • Belk Store Services codes 14 50 $226,763 PY2022
  • State Street Bank & Trust Company codes 14 50 $184,236 PY2022
  • Towers Watson codes 50 $183,049 PY2022
  • Pimco codes 28 50 $175,293 PY2022
  • Income Research and Management codes 28 50 $174,728 PY2022
  • Blackrock codes 28 50 $44,480 PY2022
  • Condent Hr codes 10 15 17 50 $42,000 PY2022
  • Forvis, LLP codes 10 50 $25,291 PY2022
  • Susan Reisner codes 29 50 $24,898 PY2022
  • Ivst Mngt Firm codes 28 $7,455 PY2022
  • Russell 3000 Indx Non-Lendable Fund Sched. D C $38.3M PY2022
  • Willis Towers Watson US, LLC. codes 11 PY2022
What changed
6 events
  • Dec 31, 2024Assets changed
    Belk Pension Plan total assets $271M -> $310M (+14.1%, 2023-12-31 to 2024-12-31)
  • Jan 1, 2024Funded status changed
    Belk Pension Plan funded ratio 130.1% -> 135.6% (2023-01-01 to 2024-01-01)
  • Dec 31, 2023Manager relationship endedinference
    Ivst Mngt Firm no longer appears on Belk Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Ivst Mngt Firmaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Belk Pension Plan total assets $237M -> $271M (+14.4%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Funded status changed
    Belk Pension Plan funded ratio 151.9% -> 130.1% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Belk Pension Plan plan assets $297M -> $217M (-26.8%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 560616731-334
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.