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

USG Corporation Retirement Plan

Corporate pensionChicago, IL
Assets
$634M
Total assets, Dec 31, 2024 reported
Funded
84.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
12
none on the tape
Plan sponsor: USG Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Corporate debt instruments (other) 44.8%
  • Corporate debt instruments (preferred) 1.7%
  • U.S. Government securities 22.2%
  • Insurance company general account 0.1%
  • Other investments 0.1%
  • Partnership/joint venture interests 1.0%
  • Common/collective trusts 9.6%
  • Registered investment companies 10.5%
  • Preferred stock 0.0%
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
12 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024NT Collective All Country World Invcollective trustNorthern Trust Collective Eafe IndePooled vehicles$38.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective High Yield Bond Fundcollective trustNorthern Trust Investments, Inc.Fixed income$17.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Long Term Credit Bond Index Fundcollective trustNorthern Trust Collective Eafe IndePrivate credit$259,549 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$5.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective All Country World Invcollective trustNorthern Trust Collective Eafe IndePooled vehicles$28.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective High Yield Bond Fundcollective trustNorthern Trust Investments, Inc.Fixed income$20.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long Term Credit Bond Index Fundcollective trustNorthern Trust Collective Eafe IndePrivate credit$18.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$6.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$5.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective All Country World Invcollective trustNorthern Trust Collective Eafe IndePooled vehicles$17.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective High Yield Bond Fundcollective trustNorthern Trust Investments, Inc.Fixed income$15.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Long Term Credit Bond Index Fundcollective trustNorthern Trust Collective Eafe IndePrivate credit$5.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$634M Dec 31, 2024 reported Form 5500
$642M (2023-12) · $602M (2022-12)
Plan assets
$512M Jan 1, 2024 reported Form 5500
$480M (2023-01) · $747M (2022-01)
Net assets
$612M Dec 31, 2024 reported Form 5500
$617M (2023-12) · $583M (2022-12)
Funded ratio
84.1% Jan 1, 2024 reported Form 5500
80.2% (2023-01) · 116.4% (2022-01)
Funding target
$514M Jan 1, 2024 reported Form 5500
$492M (2023-01) · $455M (2022-01)
Discount rate
5.10% Jan 1, 2024 reported Form 5500
5.06% (2023-01) · 5.28% (2022-01)
Participants
9,015 Jan 1, 2024 reported Form 5500
8,747 (2023-01) · 8,580 (2022-01)
Contributions
$52.4M Dec 31, 2024 reported Form 5500
$10.8M (2023-12) · $58.1M (2022-12)
Benefits paid
$34.0M Dec 31, 2024 reported Form 5500
$34.9M (2023-12) · $146M (2022-12)
Net investment income
$-5.0M Dec 31, 2024 reported Form 5500
$33.9M (2023-12) · $-338M (2022-12)
Investment management fees
$1.5M Dec 31, 2024 reported Form 5500
$1.8M (2023-12) · $1.4M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20249,015$512M$514M84.1%$634M$6.4Mn/an/a
2023 to Dec 31, 20238,747$480M$492M80.2%$642M$11.9Mn/an/a
2022 to Dec 31, 20228,580$747M$455M116.4%$602M$25.4Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
8 events
  • Dec 31, 2024Manager relationship started
    T Rowe Price Associates, Inc. appears on USG Corporation Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with T Rowe Price Associates Incaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    RVK, Inc. appears on USG Corporation Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with RV Kuhns & Associatesaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    USG Corporation Retirement Plan funded ratio 80.2% -> 84.1% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Principal Life Insurance Company appears on USG Corporation Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Principalaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    RVK, Inc. no longer appears on USG Corporation Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with RV Kuhns & Associatesaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    T. Rowe Price Associates, Inc. no longer appears on USG Corporation Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with T Rowe Price Associates Incaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    USG Corporation Retirement Plan funded ratio 116.4% -> 80.2% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    USG Corporation Retirement Plan plan assets $747M -> $480M (-35.7%, 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 363329400-001
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.