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

Advocate Aurora Health Pension Plan

Corporate pensionDowners Grove, IL
Assets
$966M
Total assets, Dec 31, 2024 reported
Funded
80.0%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
10
2 managers on Schedule C
Plan sponsor: Advocate Aurora Health, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.0%
  • Corporate debt instruments (other) 51.8%
  • Corporate debt instruments (preferred) 1.0%
  • U.S. Government securities 17.3%
  • Other investments 9.6%
  • Partnership/joint venture interests 1.7%
  • Common/collective trusts 9.8%
  • Registered investment companies 5.1%
  • Real estate (other than employer real property) 1.3%
Consultants and advisers
6 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
10 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024MFB Nt Collective Russel 1000 Indexcollective trustNorthern Trust Collective Eafe IndePooled vehicles$74.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$20.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023MFB Nt Collective Russel 1000 Indexcollective trustNorthern Trust Collective Eafe IndePooled vehicles$49.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$30.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023William Blair Small/mid Cap Growthcollective trustWilliam Blair Investment ManagementPooled vehicles$5.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023The Highclere International Investo103 12 ieNorthern TrustPooled vehicles$10.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022MFB Nt Collective Russel 1000 Indexcollective trustNorthern Trust Collective Eafe IndePooled vehicles$46.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$29.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022William Blair Small/mid Cap Growthcollective trustWilliam Blair Investment ManagementPooled vehicles$4.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022The Highclere International Investo103 12 ieNorthern TrustPooled vehicles$8.9M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$966M Dec 31, 2024 reported Form 5500
$1.0B (2023-12) · $983M (2022-12)
Plan assets
$1.0B Jan 1, 2024 reported Form 5500
$982M (2023-01) · $1.4B (2022-01)
Net assets
$964M Dec 31, 2024 reported Form 5500
$1.0B (2023-12) · $982M (2022-12)
Funded ratio
80.0% Jan 1, 2024 reported Form 5500
80.0% (2023-01) · 101.6% (2022-01)
Funding target
$1.1B Jan 1, 2024 reported Form 5500
$1.1B (2023-01) · $1.0B (2022-01)
Discount rate
5.15% Jan 1, 2024 reported Form 5500
5.33% (2023-01) · 5.51% (2022-01)
Participants
19,831 Jan 1, 2024 reported Form 5500
20,347 (2023-01) · 20,589 (2022-01)
Contributions
$12.5M Dec 31, 2024 reported Form 5500
$12.5M (2023-12) · $0 (2022-12)
Benefits paid
$53.3M Dec 31, 2024 reported Form 5500
$47.9M (2023-12) · $44.8M (2022-12)
Net investment income
$-62.4M Dec 31, 2024 reported Form 5500
$44.1M (2023-12) · $-423M (2022-12)
Investment management fees
$1.2M Dec 31, 2024 reported Form 5500
$944,088 (2023-12) · $888,844 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202419,831$1.0B$1.1B80.0%$966M$16.6Mn/a$12.4M
2023 to Dec 31, 202320,347$982M$1.1B80.0%$1.0B$24.5Mn/a$13.0M
2022 to Dec 31, 202220,589$1.4B$1.0B101.6%$983M$27.6Mn/a$14.4M
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
14 events
  • Dec 31, 2024Holding endedinference
    Advocate Aurora Health Pension Plan no longer reports William Blair Small/mid Cap Growth (William Blair Investment Management) (last held $5M at 2023-12-31; absent from the 2024-12-31 filing)
    with William Blair Investment Managementaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Advocate Aurora Health Pension Plan no longer reports The Highclere International Investo (last held $10M at 2023-12-31; absent from the 2024-12-31 filing)
    with The Highclere International Investoaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Morgan Stanley Investment Mgmt Ltd appears on Advocate Aurora Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Morgan Stanley Investment Mgmt Inc.askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Profund Systems Inc no longer appears on Advocate Aurora Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Procentiaaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Kiltearn Partners no longer appears on Advocate Aurora Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Kiltearn Partnersaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Dodge & Cox appears on Advocate Aurora Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Dodge & Coxaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Acadian Asset Management, LLC appears on Advocate Aurora Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Acadian Asset Managementaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Herronpalmer LLC no longer appears on Advocate Aurora Health Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Pacific Resources Benefitaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Morgan Stanley Investment Mgmt Ltd no longer appears on Advocate Aurora Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Morgan Stanley Investment Managemenaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Baring International Investment Ltd no longer appears on Advocate Aurora Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Barings LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Dodge & Cox no longer appears on Advocate Aurora Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Dodge & Coxaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Kiltearn Partners appears on Advocate Aurora Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Kiltearn Partnersaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Advocate Aurora Health Pension Plan funded ratio 101.6% -> 80.0% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Advocate Aurora Health Pension Plan plan assets $1.4B -> $982M (-30.1%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 824184596-003
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.