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

Pacific Gas and Electric Company Retirement Plan

Corporate pensionOakland, CA
Assets
$18B
Total assets, Dec 31, 2024 reported
Funded
100.6%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
21
none on the tape
Plan sponsor: Pacific Gas and Electric Company
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.0%
  • U.S. Government securities 0.1%
  • Common/collective trusts 2.9%
  • Master trust investment accounts 95.2%
  • Common stock 0.1%
Consultants and advisers
8 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
21 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 Dev Ex-Us Large Cap Inx Nlcollective trustBlackrock Inst'l Trust Co., N.A.Public equity$295,204 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Collective US Gov't Stif 12 Bpscollective trustThe Bank of New York MellonPooled vehicles$5.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Long Duration Alphacredit Fundcollective trustBlackrock Inst'l Trust Co., N.A.Fixed income$143M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Russell 3000 Index Fundcollective trustBlackrock Inst'l Trust Co., N.A.Pooled vehicles$246M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Msci World Ex-Us Index Fundcollective trustBlackrock Inst'l Trust Co., N.A.Pooled vehicles$91.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Emerging Markets Equity Trustcollective trustT. Rowe Price Trust CompanyPublic equity$17.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024MAN Numeric Emerging Marketscollective trustNumeric Investors LLCPublic equity$21.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell Dev Ex-Us Large Cap Inx Nlcollective trustBlackrock Inst'l Trust Co., N.A.Public equity$334,528 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Collective US Gov't Stif 12 Bpscollective trustThe Bank of New York MellonPooled vehicles$3.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long Duration Alphacredit Fundcollective trustBlackrock Inst'l Trust Co., N.A.Fixed income$131M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell 3000 Index Fundcollective trustBlackrock Inst'l Trust Co., N.A.Pooled vehicles$207M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Msci World Ex-Us Index Fundcollective trustBlackrock Inst'l Trust Co., N.A.Pooled vehicles$89.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Emerging Markets Equity Trustcollective trustT. Rowe Price Trust CompanyPublic equity$18.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023MAN Numeric Emerging Marketscollective trustNumeric Investors LLCPublic equity$18.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Emerging Markets Equity Trustcollective trustT. Rowe Price Trust CompanyPublic equity$17.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell Dev Ex-Us Large Cap Inx Nlcollective trustBlackrock Inst'l Trust Co., N.A.Public equity$331,462 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Collective US Gov't Stif 12 Bpscollective trustThe Bank of New York MellonPooled vehicles$2.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Long Duration Alphacredit Fundcollective trustBlackrock Inst'l Trust Co., N.A.Fixed income$103M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell 3000 Index Fundcollective trustBlackrock Inst'l Trust Co., N.A.Pooled vehicles$173M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Msci World Ex-Us Index Fundcollective trustBlackrock Inst'l Trust Co., N.A.Pooled vehicles$80.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022MAN Numeric Emerging Marketscollective trustNumeric Investors LLCPublic equity$16.6M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$18B Dec 31, 2024 reported Form 5500
$18B (2023-12) · $17B (2022-12)
Plan assets
$17B Jan 1, 2024 reported Form 5500
$17B (2023-01) · $22B (2022-01)
Net assets
$18B Dec 31, 2024 reported Form 5500
$18B (2023-12) · $17B (2022-12)
Funded ratio
100.6% Jan 1, 2024 reported Form 5500
98.7% (2023-01) · 116.6% (2022-01)
Funding target
$16B Jan 1, 2024 reported Form 5500
$15B (2023-01) · $15B (2022-01)
Discount rate
5.16% Jan 1, 2024 reported Form 5500
5.29% (2023-01) · 5.45% (2022-01)
Participants
57,863 Jan 1, 2024 reported Form 5500
56,473 (2023-01) · 55,960 (2022-01)
Contributions
$328M Dec 31, 2024 reported Form 5500
$328M (2023-12) · $348M (2022-12)
Benefits paid
$949M Dec 31, 2024 reported Form 5500
$959M (2023-12) · $891M (2022-12)
Net investment income
$-382M Dec 31, 2024 reported Form 5500
$919M (2023-12) · $-5.6B (2022-12)
Investment management fees
$21.7M Dec 31, 2024 reported Form 5500
$23.5M (2023-12) · $26.4M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202457,863$17B$16B100.6%$18Bn/a$17Bn/a
2023 to Dec 31, 202356,473$17B$15B98.7%$18Bn/a$17Bn/a
2022 to Dec 31, 202255,960$22B$15B116.6%$17Bn/a$16Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
9 events
  • Dec 31, 2024Consultant changedinference
    Brege Communications Inc. appears on Pacific Gas and Electric Company Retirement Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Brege Communications Inc.askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    The Prudential Insurance no longer appears on Pacific Gas and Electric Company Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Prudential Insurance Company of Ameaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Jpmorgan Chase Bank, National Assoc no longer appears on Pacific Gas and Electric Company Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Jpmorgan Chase Bank, N.A.askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Payden & Rygel no longer appears on Pacific Gas and Electric Company Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Payden & Rygelaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    The Prudential Insurance appears on Pacific Gas and Electric Company Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Prudential Insurance Company of Ameaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Metropolitan Life Insurance no longer appears on Pacific Gas and Electric Company Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Metropolitan Life Insurance Companyaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Invesco Advisers, Inc. no longer appears on Pacific Gas and Electric Company Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Invesco Advisers, Inc.askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Pacific Gas and Electric Company Retirement Plan funded ratio 116.6% -> 98.7% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Pacific Gas and Electric Company Retirement Plan plan assets $22.0B -> $16.6B (-24.4%, 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 940742640-001
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.