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
Smith & Nephew U.S. Pension Plan
Corporate pensionMemphis, TN
Assets
n/a
Total assets, Dec 31, 2024 reported
Funded
143.3%
Jan 1, 2022
Private markets target
n/a
policy Dec 31, 2023
Commitments
3
none on the tape
Plan sponsor: Smith + Nephew, Inc.
Allocation policy
Form 5500, as of Dec 31, 2023
Actual allocation lines without a target (as filed)
- Interest-bearing cash 100.0%
Consultants and advisers
3 firms
- Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
- State Street Bank & Trust Company Trusteethrough Dec 31, 2022 Form 5500
- Mercer Actuarythrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on Schedule C
From Schedule C (investment management, code 28)
- 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, 2022 | Mercer Passive Long Credit Fixed incollective trust | Mercer Trust Company | Private credit | $43.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Active Long Corporate Fixedcollective trust | Mercer Trust Company | Fixed income | $58.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Active Intermediate Credit Fcollective trust | Mercer Trust Company | Private credit | $139M held | Disclosed holding | askebsa.dol.gov |
Size and funding
23 readings
Plan assets
Funded ratio
Funding target
Discount rate
Investment management fees
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 | 2,394 | n/a | n/a | n/a | $0 | n/a | n/a | n/a |
| 2023 to Dec 31, 2023 | 3,013 | n/a | n/a | n/a | $267M | n/a | n/a | n/a |
| 2022 to Dec 31, 2022 | 3,161 | $503M | $351M | 143.3% | $363M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Willis Towers Watson LLC codes 11 17 50 $538,320 PY2024
- Mercer codes 28 51 52 $136,438 PY2024
- Alston & Bird codes 29 50 $54,610 PY2024
- State Street Bank & Trust codes 21 50 51 $48,477 PY2024
- Horne LLP codes 10 50 $6,000 PY2024
- Willis Towers Watson LLC codes 11 17 50 $1.3M PY2023
- Mercer codes 28 51 52 $673,248 PY2023
- State Street Bank & Trust codes 21 50 51 $128,925 PY2023
- Alston & Bird codes 29 50 $52,605 PY2023
- Horne LLP codes 10 50 $10,300 PY2023
- Independent Insurance Analysts LLC codes 49 50 $7,500 PY2023
- Mercer Passive Long Credit Fi Port Sched. D C PY2023
- Mercer Active Long Corp. Fi Fund Sched. D C PY2023
- Mercer Active Intermed Credit Fi Fd Sched. D C PY2023
- Mercer codes 28 51 52 $1.8M PY2022
- Willis Towers Watson LLC codes 11 17 50 $576,666 PY2022
- State Street Bank & Trust codes 21 50 51 $190,512 PY2022
- Alston & Bird codes 29 50 $35,545 PY2022
- Horne LLP codes 10 50 $31,000 PY2022
- Mercer US Small/mid Cap Growth Eqty Sched. D C PY2022
- Mercer Passive Long Credit Fi Port Sched. D C $43.4M PY2022
- Mercer US Large Cap Core Pass. Eqty Sched. D C PY2022
- Mercer Non-Us Core Equity Portfolio Sched. D C PY2022
- Mercer Long Dur Passive Fixed Inc. Sched. D C PY2022
- Mercer Emerging Markets Eqty Portf. Sched. D C PY2022
- Mercer Active Long Corp. Fi Fund Sched. D C $58.6M PY2022
- Mercer Active Intermed Credit Fi Fd Sched. D C $139M PY2022
- Mercer codes 11 PY2022
What changed
2 events
- Dec 31, 2024Assets changedSmith & Nephew U.S. Pension Plan total assets $267M -> $0 (-100.0%, 2023-12-31 to 2024-12-31)
- Dec 31, 2023Assets changedSmith & Nephew U.S. Pension Plan total assets $363M -> $267M (-26.4%, 2022-12-31 to 2023-12-31)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 510123924-002
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.