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

Constellation Employee Pension Plan

Corporate pensionKennett Square, PA
Assets
$1.2B
Total assets, Dec 31, 2024 reported
Funded
85.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
1 managers on Schedule C
Plan sponsor: Constellation Energy Generation LLC
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 96.5%
Consultants and advisers
5 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
33 readings
Total assets
$1.2B Dec 31, 2024 reported Form 5500
$1.3B (2023-12) · $1.2B (2022-12)
Plan assets
$1.3B Jan 1, 2024 reported Form 5500
$1.2B (2023-01) · $599M (2022-01)
Net assets
$1.2B Dec 31, 2024 reported Form 5500
$1.3B (2023-12) · $1.2B (2022-12)
Funded ratio
85.4% Jan 1, 2024 reported Form 5500
83.7% (2023-01) · 92.5% (2022-01)
Funding target
$1.3B Jan 1, 2024 reported Form 5500
$1.3B (2023-01) · $449M (2022-01)
Discount rate
5.11% Jan 1, 2024 reported Form 5500
5.23% (2023-01) · 5.44% (2022-01)
Participants
7,640 Jan 1, 2024 reported Form 5500
7,790 (2023-01) · 2,671 (2022-01)
Contributions
$41.9M Dec 31, 2024 reported Form 5500
$41.6M (2023-12) · $9.5M (2022-12)
Benefits paid
$105M Dec 31, 2024 reported Form 5500
$92.2M (2023-12) · $111M (2022-12)
Net investment income
$-64.2M Dec 31, 2024 reported Form 5500
$23.5M (2023-12) · $-344M (2022-12)
Investment management fees
$8.2M Dec 31, 2024 reported Form 5500
$8.2M (2023-12) · $3.3M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20247,640$1.3B$1.3B85.4%$1.2Bn/a$1.2Bn/a
2023 to Dec 31, 20237,790$1.2B$1.3B83.7%$1.3Bn/a$1.2Bn/a
2022 to Dec 31, 20222,671$599M$449M92.5%$1.2Bn/a$1.2Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Constellation Energy Generation LLC codes 49 $1.3M PY2024
  • Alight Solutions LLC codes 15 $892,998 PY2024
  • Willis Towers Watson US LLC codes 11 $375,117 PY2024
  • Northern Trust Corporation codes 19 21 51 62 68 $239,231 PY2024
  • Blackrock Financial Management, Inc codes 28 51 52 $86,492 PY2024
  • Caissa, LLC codes 49 $57,981 PY2024
  • Albourne America, LLC codes 16 70 $47,179 PY2024
  • Stepstone Group LP codes 16 $24,045 PY2024
  • Mitchell & Titus, LLP codes 10 $19,297 PY2024
  • Cambridge Associates LLC codes 16 70 $9,397 PY2024
  • Blackrock Financial Management, Inc codes 49 $7,465 PY2024
  • Renuaa Risk Management Advisors LLC codes 49 $5,910 PY2024
  • Cash Pool Sched. D M $25.5M PY2024
  • Ceng Pool Sched. D M $5.5M PY2024
  • Equity Sched. D M $272M PY2024
  • Intermediate Credit Pool Sched. D M $26.4M PY2024
  • Liquid Real Estate Pool Sched. D M $25.1M PY2024
  • NON Directional Pool Sched. D M $61.8M PY2024
  • Private Equity Legacy Pool Sched. D M $13.6M PY2024
  • Private Equity New Pool Sched. D M $58.2M PY2024
  • Real Estate Legacy Pool Sched. D M $11.1M PY2024
  • Real Estate New Pool Sched. D M $50.9M PY2024
  • Return Generating Fixed Income Sched. D M $25.6M PY2024
  • Traditional Liability Hedge Fixed I Sched. D M $507M PY2024
  • Private Credit Pool Sched. D M $79.5M PY2024
  • Willis Towers Watson US LLC codes 11 PY2024
  • Constellation Energy Generation LLC codes 49 $800,566 PY2023
  • Alight Solutions LLC codes 15 $721,063 PY2023
  • Willis Towers Watson US LLC codes 11 $458,037 PY2023
  • Jefferies LLC codes 49 $75,085 PY2023
  • Albourne America, LLC codes 16 70 $63,006 PY2023
  • Northern Trust Corporation codes 19 21 51 62 68 $49,624 PY2023
  • Mitchell & Titus, LLP codes 10 $42,120 PY2023
  • Caissa, LLC codes 49 $25,913 PY2023
  • Blackrock Institutional Trust Co codes 28 51 52 68 $25,137 PY2023
  • Ariel Investments codes 49 $16,878 PY2023
  • Cambridge Associates LLC codes 16 70 $5,821 PY2023
  • Renuaa Risk Management Advisors, Ll codes 49 $5,544 PY2023
  • Blackrock Financial Management, Inc codes 49 $5,381 PY2023
  • NON Directional Pool Sched. D M $65.7M PY2023
  • Private Credit Pool Sched. D M $85.7M PY2023
  • Private Equity Legacy Pool Sched. D M $14.6M PY2023
  • Private Equity New Pool Sched. D M $54.4M PY2023
  • Real Estate Legacy Pool Sched. D M $14.2M PY2023
  • Real Estate New Pool Sched. D M $50.6M PY2023
  • Return Generating Fixed Income Sched. D M $31.3M PY2023
  • Traditional Liability Hedge Fixed I Sched. D M $574M PY2023
  • Cash Pool Sched. D M $20.9M PY2023
  • Ceng Pool Sched. D M $5.2M PY2023
  • Equity Sched. D M $248M PY2023
  • Intermediate Credit Pool Sched. D M $28.6M PY2023
  • Liquid Real Estate Pool Sched. D M $27.5M PY2023
  • Willis Towers Watson US LLC codes 11 PY2023
  • Alight Solutions LLC codes 15 $1.2M PY2022
  • Northern Trust Corporation codes 19 21 51 62 68 $470,053 PY2022
  • Willis Towers Watson US LLC codes 11 $349,809 PY2022
  • Constellation Energy Generation LLC codes 49 $270,201 PY2022
  • Blackrock Institutional Trust Co codes 28 51 52 68 $127,147 PY2022
  • Mitchell & Titus, LLP codes 10 $60,012 PY2022
  • Albourne America, LLC codes 16 70 $13,963 PY2022
  • Oberweis codes 28 51 68 $8,713 PY2022
  • Plante Moran codes 49 $5,500 PY2022
  • Private Equity Legacy Pool Sched. D M $19.7M PY2022
  • Private Equity New Pool Sched. D M $74.0M PY2022
  • Real Estate Legacy Pool Sched. D M $18.6M PY2022
  • Real Estate New Pool Sched. D M $50.6M PY2022
  • Return Generating Fixed Income Sched. D M $51.7M PY2022
  • Traditional Liability Hedge Fixed I Sched. D M $515M PY2022
  • Cash Balance Liability Hedge Fixed Sched. D M $6.9M PY2022
  • Cash Pool Sched. D M $7.4M PY2022
  • Ceng Pool Sched. D M $6.1M PY2022
  • Equity Sched. D M $252M PY2022
  • Intermediate Credit Pool Sched. D M $52.5M PY2022
  • Liquid Real Estate Pool Sched. D M $24.4M PY2022
  • NON Directional Pool Sched. D M $63.4M PY2022
  • Private Credit Pool Sched. D M $91.7M PY2022
  • Willis Towers Watson US LLC codes 11 PY2022
What changed
5 events
  • Dec 31, 2024Consultant changedinference
    Stepstone Group LP appears on Constellation Employee Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Stepstone Group LLCaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Cambridge Associates LLC appears on Constellation Employee Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Cambridge Associatesaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Oberweis no longer appears on Constellation Employee Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Oberweisaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Constellation Employee Pension Plan funded ratio 92.5% -> 83.7% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Constellation Employee Pension Plan plan assets $599M -> $1.2B (+106.1%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 233064219-013
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.