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.

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Corporate pension

G•••••• M••••• H••••••••• E•••••••• P•••••• P•••

Corporate pensionDetroit, MI
Assets
$42B
Total assets, Sep 30, 2025 reported
Funded
83.6%
Oct 1, 2024
Private markets target
n/a
policy Sep 30, 2025
Commitments
19
none on the tape
Plan sponsor: G•••••• M••••• L••
Allocation policy
Form 5500, as of Sep 30, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.1%
  • Corporate debt instruments (other) 13.1%
  • Corporate debt instruments (preferred) 11.7%
  • U.S. Government securities 30.7%
  • Employer securities 0.0%
  • Other investments 5.0%
  • Other loans 1.1%
  • Partnership/joint venture interests 1.3%
  • 103-12 investment entities 1.4%
  • Common/collective trusts 20.1%
  • Master trust investment accounts 0.0%
  • Registered investment companies 11.8%
  • Common stock 0.0%
  • Preferred stock 0.0%
Consultants and advisers
1 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
Commitments
19 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Sep 30, 2025B••••••••• S•••• T•• I•• F• I• L••103 12 ieB••••••••• S•••• Term Investment Fund II, LLCPooled vehicles$76.5M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2025M••••• A•••••••• L••103 12 ieBlackrock Institutional Trust Company, N.A.Pooled vehicles$224M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2025A•• W•••••• P•••••••• L••••••103 12 ieB•••••••••Pooled vehicles$285M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2025W•••• P•••• G•••• T••••collective trustG•••••• M••••• Investment Management CorpPooled vehicles$6.5B heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2025F•••• P•••• G•••• I•collective trustG•••••• M••••• Investment Management CorpPooled vehicles$7.5M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2025F•••• P•••• G•••• T••••collective trustG•••••• M••••• Investment Management CorpPooled vehicles$2.1B heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2024B••••••••• S•••• T•• I•• F• I• L••103 12 ieB••••••••• S•••• Term Investment Fund II, LLCPooled vehicles$67.3M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2024M••••• A•••••••• L••103 12 ieBlackrock Institutional Trust Company, N.A.Pooled vehicles$215M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2024A•• W•••••• P•••••••• L••••••103 12 ieB•••••••••Pooled vehicles$244M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2024W•••• P•••• G•••• T••••collective trustG•••••• M••••• Investment Management CorpPooled vehicles$6.0B heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2024F•••• P•••• G•••• I•collective trustG•••••• M••••• Investment Management CorpPooled vehicles$11.2M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2024F•••• P•••• G•••• T••••collective trustG•••••• M••••• Investment Management CorpPooled vehicles$2.2B heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2023F•••• P•••• G•••• T••••collective trustG•••••• M••••• Investment Management CorpPooled vehicles$3.0B heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2023F•••• P•••• G•••• I•collective trustG•••••• M••••• Investment Management CorpPooled vehicles$16.1M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2023W•••• P•••• G•••• T••••collective trustG•••••• M••••• Investment Management CorpPooled vehicles$5.5B heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2023B•••••• G•••••• E•• M•••••• C••103 12 ieB•••••• G••••••Pooled vehicles$19.5M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2023A•• W•••••• P•••••••• L••••••103 12 ieB•••••••••Pooled vehicles$210M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2023M••••• A•••••••• L••103 12 ieBlackrock Institutional Trust Company, N.A.Pooled vehicles$161M heldDisclosed holdingaskebsa.dol.gov
as of Sep 30, 2023B••••••••• S•••• T•• I•• F• I• L••103 12 ieB••••••••• S•••• Term Investment Fund II, LLCPooled vehicles$60.8M heldDisclosed holdingaskebsa.dol.gov
Size and funding
31 readings
Total assets
$42B Sep 30, 2025 reported Form 5500
$45B (2024-09) · $40B (2023-09)
Plan assets
$38B Oct 1, 2024 reported Form 5500
$37B (2023-10) · $41B (2022-10)
Net assets
$36B Sep 30, 2025 reported Form 5500
$38B (2024-09) · $37B (2023-09)
Funded ratio
83.6% Oct 1, 2024 reported Form 5500
89.1% (2023-10) · 96.8% (2022-10)
Funding target
$36B Oct 1, 2024 reported Form 5500
$39B (2023-10) · $40B (2022-10)
Discount rate
5.29% Oct 1, 2024 reported Form 5500
5.12% (2023-10) · 5.28% (2022-10)
Participants
322,604 Oct 1, 2024 reported Form 5500
335,791 (2023-10) · 346,818 (2022-10)
Contributions
$0 Sep 30, 2025 reported Form 5500
$0 (2024-09) · $0 (2023-09)
Benefits paid
$3.8B Sep 30, 2025 reported Form 5500
$3.9B (2024-09) · $3.9B (2023-09)
Net investment income
$-2.0B Sep 30, 2025 reported Form 5500
$907M (2024-09) · $-4.0B (2023-09)
Investment management fees
$52.6M Sep 30, 2023 reported Form 5500
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Sep 30, 2025322,604$38B$36B83.6%$42B$540M$11.5Mn/a
2023 to Sep 30, 2024335,791$37B$39B89.1%$45B$674M$11.2Mn/a
2022 to Sep 30, 2023346,818$41B$40B96.8%$40B$631M$182Mn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • SEE Attached Pdf Report codes PY2024
  • B••••••••• St Investment Fund II Sched. D E $76.5M PY2024
  • M••••• A•••••••• L•• Sched. D E $224M PY2024
  • A•• W•••••• P•••••••• L•••••• Sched. D E $285M PY2024
  • Gmam Investment Funds Trust Sched. D M $10.2M PY2024
  • F•••• P•••• G•••• T•••• II Sched. D C $7.5M PY2024
  • F•••• P•••• G•••• T•••• Sched. D C $2.1B PY2024
  • Gmam Group Pension III Sched. D M $1.2M PY2024
  • W•••• P•••• G•••• T•••• Sched. D C $6.5B PY2024
  • W••••• T••••• W••••• U• L•• codes 11 PY2024
  • SEE Attached Pdf Report codes PY2023
  • Gmam Group Pension Trust III Sched. D M $1.5M PY2023
  • B••••••••• St Investment Fund II Sched. D E $67.3M PY2023
  • M••••• A•••••••• L•• Sched. D E $215M PY2023
  • A•• W•••••• P•••••••• L•••••• Sched. D E $244M PY2023
  • Gmam Investment Funds Trust Sched. D M $9.7M PY2023
  • Gmam Group Pension Trust I Sched. D M PY2023
  • W•••• P•••• G•••• T•••• Sched. D C $6.0B PY2023
  • F•••• P•••• G•••• T•••• II Sched. D C $11.2M PY2023
  • F•••• P•••• G•••• T•••• Sched. D C $2.2B PY2023
  • W••••• T••••• W••••• U• L•• codes 11 PY2023
  • SEE Attached Pdf Report codes PY2022
  • F•••• P•••• G•••• T•••• II Sched. D C $16.1M PY2022
  • W•••• P•••• G•••• T•••• Sched. D C $5.5B PY2022
  • Gmam Group Pension I Sched. D M PY2022
  • Gmam Group Pension III Sched. D M $3.3M PY2022
  • Gmam Investment Funds Trust Sched. D M $178M PY2022
  • M••••• A•••••••• L•• Sched. D E $161M PY2022
  • F•••• P•••• G•••• T•••• Sched. D C $3.0B PY2022
  • B••••••••• St Investment Fund II Sched. D E $60.8M PY2022
  • B•••••• G•••••• E•• M•••••• C•• Sched. D E $19.5M PY2022
  • A•• W•••••• P•••••••• L•••••• Sched. D E $210M PY2022
  • W••••• T••••• W••••• U• L•• codes 11 PY2022
What changed
6 events
  • Sep 30, 2025Assets changed
    G•••••• M••••• H••••••••• E•••••••• P•••••• P••• total assets $44.8B -> $42.5B (-5.3%, 2024-09-30 to 2025-09-30)
  • Oct 1, 2024Funded status changed
    G•••••• M••••• H••••••••• E•••••••• P•••••• P••• funded ratio 89.1% -> 83.6% (2023-10-01 to 2024-10-01)
  • Sep 30, 2024Holding endedinference
    G•••••• M••••• H••••••••• E•••••••• P•••••• P••• no longer reports B•••••• G•••••• E•• M•••••• C•• (B•••••• G••••••) (last held $19M at 2023-09-30; absent from the 2024-09-30 filing)
    with B•••••• G••••••askebsa.dol.gov
  • Sep 30, 2024Assets changed
    G•••••• M••••• H••••••••• E•••••••• P•••••• P••• total assets $40.2B -> $44.8B (+11.4%, 2023-09-30 to 2024-09-30)
  • Oct 1, 2023Funded status changed
    G•••••• M••••• H••••••••• E•••••••• P•••••• P••• funded ratio 96.8% -> 89.1% (2022-10-01 to 2023-10-01)
  • Oct 1, 2023Assets changed
    G•••••• M••••• H••••••••• E•••••••• P•••••• P••• plan assets $40.6B -> $36.6B (-9.8%, 2022-10-01 to 2023-10-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 270383222-003
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.