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
Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Vermont
Corporate pensionBerlin, VT
Assets
$64.0M
Total assets, Dec 31, 2024 reported
Funded
114.8%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
3
none on the tape
Plan sponsor: Blue Cross and Blue Shield of Vermont
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- 103-12 investment entities 98.9%
Consultants and advisers
4 firms
- L&s Ventures Pension consultantthrough Dec 31, 2022 Form 5500
- Aon Actuarythrough Dec 31, 2022 Form 5500
- Northern Trust Co. Trusteethrough Dec 31, 2022 Form 5500
- AON Consulting, Inc. Actuarythrough Dec 31, 2022 Form 5500
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)
- Blackrock Institutional Trust Co,naplan years 2022
- Nomura Corporate Research and Assetplan years 2022
- Mercer Investments LLCplan years 2022
Commitments
3 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | National Retirement Trust103 12 ie | Blue Cross and Blue Shield Assoc. | Pooled vehicles | $63.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | National Retirement Trust103 12 ie | Blue Cross and Blue Shield Assoc. | Pooled vehicles | $65.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | National Retirement Trust103 12 ie | Blue Cross and Blue Shield Assoc. | Pooled vehicles | $61.2M held | Disclosed holding | askebsa.dol.gov |
Size and funding
33 readings
Investment management fees
$86,044 (2023-12) · $65,989 (2022-12)
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 675 | $65.6M | $50.9M | 114.8% | $64.0M | n/a | n/a | n/a |
| 2023 to Dec 31, 2023 | 665 | $61.3M | $47.4M | 115.1% | $65.5M | n/a | n/a | n/a |
| 2022 to Dec 31, 2022 | 693 | $48.0M | $50.6M | 103.5% | $61.2M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Blue Cross Blue Shield Association codes 14 $92,118 PY2024
- Mercer Investment codes 51 $76,247 PY2024
- AON Consulting, Inc. codes 11 $39,000 PY2024
- Northern Trust Co codes 21 $19,658 PY2024
- L & S Ventures LLC codes 17 $10,331 PY2024
- Plante & Moran, PLLC codes 10 $8,177 PY2024
- National Retirement Trust Sched. D E $63.2M PY2024
- AON Consulting, Inc codes 11 PY2024
- Blue Cross Blue Shield Association codes 14 $86,225 PY2023
- Mercer Investment codes 51 $58,649 PY2023
- AON Consulting, Inc. codes 11 $38,904 PY2023
- Blackrock codes 28 $22,580 PY2023
- Northern Trust Company codes 21 $17,808 PY2023
- L & S Ventures LLC codes 17 $11,891 PY2023
- Grant Thornton LLP codes 10 $7,841 PY2023
- National Retirement Trust Sched. D E $65.5M PY2023
- AON Consulting, Inc codes 11 PY2023
- Blue Cross Blue Shield Association codes 14 $59,394 PY2022
- Bartlit Beck LLP codes 29 $57,445 PY2022
- AON Consulting, Inc. codes 11 $55,005 PY2022
- Blackrock codes 28 $49,366 PY2022
- Mercer Investment codes 51 $22,176 PY2022
- Northern Trust Company codes 21 $17,518 PY2022
- Nomura Corporation Research Asset codes 28 $16,622 PY2022
- L & S Ventures LLC codes 17 $9,254 PY2022
- Grant Thornton LLP codes 10 $7,857 PY2022
- Capital Market Risk Advisors codes 29 $7,158 PY2022
- Winston and Strawn codes 29 $5,565 PY2022
- National Retirement Trust Sched. D E $61.2M PY2022
- AON Consulting, Inc codes 11 PY2022
What changed
4 events
- Dec 31, 2024Manager relationship endedinferenceBlackrock no longer appears on Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Vermont's Schedule C as investment manager (plan year 2024 vs 2023)with Blackrock Institutional Trust Co,naaskebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceNomura Corporation Research Asset no longer appears on Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Vermont's Schedule C as investment manager (plan year 2023 vs 2022)with Nomura Corporate Research and Assetaskebsa.dol.gov
- Jan 1, 2023Funded status changedNon-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Vermont funded ratio 103.5% -> 115.1% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedNon-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Vermont plan assets $48M -> $61M (+27.7%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 030277307-001
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.