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

Christian School Pension Plan and Trust Fund

Corporate pensionGrandville, MI
Assets
$919M
Total assets, Aug 31, 2025 reported
Funded
87.9%
Sep 1, 2024
Private markets target
n/a
policy Aug 31, 2025
Commitments
9
none on the tape
Plan sponsor: Christian Schools International
Allocation policy
Form 5500, as of Aug 31, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 12.3%
  • Non-interest-bearing cash 0.1%
  • U.S. Government securities 21.7%
  • Other investments 0.3%
  • Partnership/joint venture interests 18.1%
  • Common/collective trusts 11.5%
  • Registered investment companies 35.8%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
9 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Aug 31, 2025Tactical Exposure Fund Instcollective trustGoldman Sachs Trust CompanyHedge / diversifiers$13.2M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2025NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$6.0M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2025GS Ct Inter Duration Credit Fundcollective trustGoldman Sachs Trust CompanyPrivate credit$42.5M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2025GS Ct Long Duration Credit Fundcollective trustGoldman Sachs Trust CompanyPrivate credit$44.1M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2024Tactical Exposure Fund Instcollective trustGoldman Sachs Trust CompanyHedge / diversifiers$43.5M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2024NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$2.8M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2024Ir&m Long Credit Fund LLC103 12 ieIncome Research & Mgmt. Inc.Private credit$91.9M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2023Tactical Exposure Fund Instcollective trustGoldman Sachs Trust CompanyHedge / diversifiers$56.7M heldDisclosed holdingaskebsa.dol.gov
as of Aug 31, 2023NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$6.1M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$919M Aug 31, 2025 reported Form 5500
$891M (2024-08) · $756M (2023-08)
Plan assets
$902M Sep 1, 2024 reported Form 5500
$773M (2023-09) · $757M (2022-09)
Net assets
$919M Aug 31, 2025 reported Form 5500
$890M (2024-08) · $756M (2023-08)
Funded ratio
87.9% Sep 1, 2024 reported Form 5500
89.0% (2023-09) · 83.2% (2022-09)
Funding target
$937M Sep 1, 2024 reported Form 5500
$906M (2023-09) · $1.0B (2022-09)
Discount rate
5.10% Sep 1, 2024 reported Form 5500
5.50% (2023-09) · 4.64% (2022-09)
Participants
10,242 Sep 1, 2024 reported Form 5500
10,613 (2023-09) · 10,793 (2022-09)
Contributions
$30.8M Aug 31, 2025 reported Form 5500
$68.3M (2024-08) · $19.1M (2023-08)
Benefits paid
$60.2M Aug 31, 2025 reported Form 5500
$58.7M (2024-08) · $55.5M (2023-08)
Net investment income
$28.0M Aug 31, 2025 reported Form 5500
$134M (2024-08) · $17.7M (2023-08)
Investment management fees
$986,958 Aug 31, 2025 reported Form 5500
$547,342 (2024-08) · $574,789 (2023-08)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Aug 31, 202510,242$902M$937M87.9%$919M$166Mn/an/a
2023 to Aug 31, 202410,613$773M$906M89.0%$891M$137Mn/an/a
2022 to Aug 31, 202310,793$757M$1.0B83.2%$756M$83.4Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Goldman Sachs Asset Management, LP codes 28 50 51 52 56 $870,843 PY2024
  • CEB Services codes 13 36 49 50 99 $484,500 PY2024
  • Mercer LLC codes 11 50 $338,163 PY2024
  • Warner, Norcross, & Judd LLP codes 29 50 $184,727 PY2024
  • The Northern Trust Company codes 19 21 50 62 $182,368 PY2024
  • Coordinated Administrative Services codes 13 36 49 50 99 $154,960 PY2024
  • Income Research & Management codes 28 50 51 $116,115 PY2024
  • Plante & Moran, PLLC codes 10 50 $55,985 PY2024
  • Graf-Martin Communications Inc. codes 16 49 50 $43,285 PY2024
  • Telus Health (US) Ltd. codes 49 50 $32,192 PY2024
  • Kent Communications Inc codes 50 99 $17,736 PY2024
  • Gsct Tactical Exposure Fund Sched. D C $13.2M PY2024
  • NT Coll Short Term Investment Fund Sched. D C $6.0M PY2024
  • Ir&m Long Credit Fund LLC Sched. D E PY2024
  • Gsct Intermediate Duration Credit F Sched. D C $42.5M PY2024
  • Gsct Long Duration Credit Fund Sched. D C $44.1M PY2024
  • Mercer codes 11 PY2024
  • Goldman Sachs Asset Management, LP codes 28 50 51 52 56 $503,960 PY2023
  • Coordinated Administrative Services codes 13 36 49 50 99 $490,742 PY2023
  • Mercer, Inc. codes 11 50 $349,956 PY2023
  • The Northern Trust Company codes 19 21 50 62 $191,205 PY2023
  • Warner, Norcross, & Judd LLP codes 29 50 $112,707 PY2023
  • Telus Health (US) Ltd. codes 49 50 $60,638 PY2023
  • Income Research & Management codes 28 50 51 $43,382 PY2023
  • Graf-Martin Communications Inc. codes 16 49 50 $42,751 PY2023
  • Plante & Moran, PLLC codes 10 50 $42,600 PY2023
  • Kent Communications Inc codes 50 99 $20,543 PY2023
  • Ir&m Long Credit Fund LLC Sched. D E $91.9M PY2023
  • Gsct Tactical Exposure Fund Sched. D C $43.5M PY2023
  • NT Coll Short Term Investment Fund Sched. D C $2.8M PY2023
  • Mercer codes 11 PY2023
  • Goldman Sachs Asset Management, LP codes 28 50 51 56 $574,789 PY2022
  • Coordinated Administrative Services codes 13 36 49 50 99 $519,732 PY2022
  • Mercer LLC codes 11 50 $396,735 PY2022
  • The Northern Trust Company codes 19 21 50 62 $198,441 PY2022
  • Warner, Norcross, & Judd LLP codes 29 50 $147,388 PY2022
  • Telus Health (US) Ltd. codes 49 50 $65,537 PY2022
  • Plante & Moran, PLLC codes 10 50 $41,100 PY2022
  • Seyferth & Assoc DBA Seyferthpr codes 16 49 50 70 $35,066 PY2022
  • Kent Communications Inc codes 50 99 $15,135 PY2022
  • Graf-Martin Communications Inc. codes 16 49 50 $13,900 PY2022
  • Gsct Tactical Exposure Fund Sched. D C $56.7M PY2022
  • NT Coll Short Term Investment Fund Sched. D C $6.1M PY2022
  • Mercer codes 11 PY2022
What changed
9 events
  • Aug 31, 2025Holding started
    Christian School Pension Plan and Trust Fund first reports an interest in GS Ct Inter Duration Credit Fund (Goldman Sachs Trust Company): $43M at 2025-08-31
    with Goldman Sachs Trust Companyaskebsa.dol.gov
  • Aug 31, 2025Holding endedinference
    Christian School Pension Plan and Trust Fund no longer reports Ir&m Long Credit Fund LLC (Income Research & Mgmt. Inc.) (last held $92M at 2024-08-31; absent from the 2025-08-31 filing)
    with Income Research & Mgmt. Inc.askebsa.dol.gov
  • Aug 31, 2025Holding started
    Christian School Pension Plan and Trust Fund first reports an interest in GS Ct Long Duration Credit Fund (Goldman Sachs Trust Company): $44M at 2025-08-31
    with Goldman Sachs Trust Companyaskebsa.dol.gov
  • Sep 1, 2024Assets changed
    Christian School Pension Plan and Trust Fund plan assets $773M -> $902M (+16.8%, 2023-09-01 to 2024-09-01)
  • Aug 31, 2024Holding started
    Christian School Pension Plan and Trust Fund first reports an interest in Ir&m Long Credit Fund LLC (Income Research & Mgmt. Inc.): $92M at 2024-08-31
    with Income Research & Mgmt. Inc.askebsa.dol.gov
  • Aug 31, 2024Assets changed
    Christian School Pension Plan and Trust Fund total assets $756M -> $891M (+17.8%, 2023-08-31 to 2024-08-31)
  • Dec 31, 2023Manager relationship started
    Income Research & Management appears on Christian School Pension Plan and Trust Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Income Research & Mgmt. Inc.askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Seyferth & Assoc DBA Seyferthpr no longer appears on Christian School Pension Plan and Trust Fund's Schedule C as general consultant (plan year 2023 vs 2022)
    with Seyferth & Assoc DBA Seyferthpraskebsa.dol.gov
  • Sep 1, 2023Funded status changed
    Christian School Pension Plan and Trust Fund funded ratio 83.2% -> 89.0% (2022-09-01 to 2023-09-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 381565440-001
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.