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

The Art Institute of Chicago Pension Plan

Corporate pensionChicago, IL
Assets
$124M
Total assets, Dec 31, 2024 reported
Funded
96.6%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
22
none on the tape
Plan sponsor: The Art Institute of Chicago
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Corporate debt instruments (other) 57.1%
  • Corporate debt instruments (preferred) 1.9%
  • U.S. Government securities 2.8%
  • Partnership/joint venture interests 0.1%
  • Registered investment companies 22.3%
  • Common stock 14.9%
Consultants and advisers
7 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
22 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2023Collective Russell 2000 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$5.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Commingled Pension Trust-Short Bondcollective trustJpmorgan Chase Bank, N.A.Fixed income$10.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Echo Street Select Plus Offshore Ltcollective trustEcho Street Select Plus Offshore LtdPooled vehicles$6.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Jpmcb Core Bond Fundcollective trustJP Morgan Core Bond FundFixed income$9.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023All-Country World Ex-Us Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$11.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Govt Short Term Invtcollective trustNorthern Trust Collective Eafe IndeCash$1.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Russell 1000 Indexcollective trustNorthern Trust Collective Eafe IndePooled vehicles$5.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Intermediate Credit Fundcollective trustJpmorgan Chase Bank, N.A.Private credit$16.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023WTC Ctf Emerging Local Debtcollective trustWellington Trust CompanyPrivate credit$12.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023GQG Partners International Equitycollective trustReliance Trust CompanyPublic equity$13.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Commingled Pension Trust Fund (ls)collective trustJpmorgan Chase Bank, N.A.Pooled vehicles$7.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Collective Russell 2000 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$4.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Commingled Pension Trust-Short Bondcollective trustJpmorgan Chase Bank, N.A.Fixed income$10.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Echo Street Select Plus Offshore Ltcollective trustEcho Street Select Plus Offshore LtdPooled vehicles$4.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Govt Short Term Invtcollective trustNorthern Trust Collective Eafe IndeCash$3.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Russell 1000 Indexcollective trustNorthern Trust Collective Eafe IndePooled vehicles$6.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Intermediate Credit Fundcollective trustJpmorgan Chase Bank, N.A.Private credit$15.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022WTC Ctf Emerging Local Debtcollective trustWellington Trust CompanyPrivate credit$11.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022GQG Partners International Equitycollective trustReliance Trust CompanyPublic equity$10.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Commingled Pension Trust Fund (ls)collective trustJpmorgan Chase Bank, N.A.Pooled vehicles$6.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Jpmcb Mortgage Private Plmt Fundcollective trustJpmorgan Chase Bank, N.A.Fixed income$9.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022All-Country World Ex-Us Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$10.2M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$124M Dec 31, 2024 reported Form 5500
$122M (2023-12) · $117M (2022-12)
Plan assets
$122M Jan 1, 2024 reported Form 5500
$117M (2023-01) · $151M (2022-01)
Net assets
$124M Dec 31, 2024 reported Form 5500
$122M (2023-12) · $117M (2022-12)
Funded ratio
96.6% Jan 1, 2024 reported Form 5500
96.8% (2023-01) · 108.9% (2022-01)
Funding target
$122M Jan 1, 2024 reported Form 5500
$124M (2023-01) · $123M (2022-01)
Discount rate
5.15% Jan 1, 2024 reported Form 5500
5.28% (2023-01) · 5.46% (2022-01)
Participants
869 Jan 1, 2024 reported Form 5500
906 (2023-01) · 953 (2022-01)
Contributions
$2.0M Dec 31, 2024 reported Form 5500
$2.0M (2023-12) · $0 (2022-12)
Benefits paid
$7.2M Dec 31, 2024 reported Form 5500
$10.2M (2023-12) · $11.9M (2022-12)
Net investment income
$1.7M Dec 31, 2024 reported Form 5500
$5.3M (2023-12) · $-33.8M (2022-12)
Investment management fees
$221,462 Dec 31, 2024 reported Form 5500
$350,502 (2023-12) · $424,827 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024869$122M$122M96.6%$124M$171,436n/an/a
2023 to Dec 31, 2023906$117M$124M96.8%$122Mn/an/an/a
2022 to Dec 31, 2022953$151M$123M108.9%$117M$0n/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Willis Towers Watson US LLC codes 11 15 17 50 64 70 $336,057 PY2024
  • Bank of America codes 27 28 50 51 $190,854 PY2024
  • Northern Trust Company codes 21 28 50 51 52 62 $48,726 PY2024
  • Eagle Capital Management, LLC codes 28 50 51 68 $29,912 PY2024
  • JP Morgan Investment Mgt, Inc codes 27 28 50 51 $26,502 PY2024
  • Grant Thornton LLP codes 10 50 $26,475 PY2024
  • Jpmcb Core Bond Fund Sched. D C PY2024
  • NT Coltv Russell 2000 Index Fund Nl Sched. D C PY2024
  • Jpmcb Short Duration Bond Fund Sched. D C PY2024
  • Echo Street Select Plus Offshore Lt Sched. D C PY2024
  • WTC Ctf Intl Quality Growth Sched. D C PY2024
  • GQG Partners International Equity Sched. D C PY2024
  • Jpmcb Long Securitized Fund Sched. D C PY2024
  • NT Coltv Msci Acwi Ex-Us Index Fund Sched. D C PY2024
  • NT Coltv Gov Stif Sched. D C PY2024
  • NT Coltv Russell 1000 Index Fund Nl Sched. D C PY2024
  • Jpmcb Intermediate Credit Fund Sched. D C PY2024
  • Willis Towers Watson US LLC codes 11 PY2024
  • Willis Towers Watson US LLC codes 11 15 17 50 64 70 $202,659 PY2023
  • JP Morgan Investment Mgt, Inc codes 27 28 50 51 $89,809 PY2023
  • Wellington Trust Company codes 27 28 50 51 $89,497 PY2023
  • Monticello Associates, Inc. codes 27 50 70 $52,500 PY2023
  • Eagle Capital Management, LLC codes 28 50 51 68 $46,441 PY2023
  • Northern Trust Company codes 21 28 50 51 52 62 $45,413 PY2023
  • Grant Thornton LLP codes 10 50 $24,200 PY2023
  • JP Morgan Chase Bank, N.A. codes 24 27 28 50 51 $20,130 PY2023
  • Northern Trust Investments Inc codes 28 50 51 $19,279 PY2023
  • NT Coltv Russell 2000 Index Fund Nl Sched. D C $5.5M PY2023
  • Jpmcb Short Duration Bond Fund Sched. D C $10.0M PY2023
  • Echo Street Select Plus Offshore Lt Sched. D C $6.0M PY2023
  • Jpmcb Core Bond Fund Sched. D C $9.9M PY2023
  • NT Coltv Msci Acwi Ex-Us Index Fund Sched. D C $11.7M PY2023
  • NT Coltv Gov Stif Sched. D C $1.8M PY2023
  • NT Coltv Russell 1000 Index Fund Nl Sched. D C $5.3M PY2023
  • Jpmcb Intermediate Credit Fund Sched. D C $16.4M PY2023
  • WTC Ctf Intl Quality Growth Sched. D C $12.3M PY2023
  • GQG Partners International Equity Sched. D C $13.3M PY2023
  • Jpmcb Long Securitized Fund Sched. D C $7.1M PY2023
  • Jpmcb Mortgage Priv Placement Fund Sched. D C PY2023
  • Willis Towers Watson US LLC codes 11 PY2023
  • Willis Towers Watson US LLC codes 11 15 17 50 64 70 $219,558 PY2022
  • JP Morgan Investment Mgt, Inc codes 27 28 50 51 $105,978 PY2022
  • Wellington Trust Company codes 27 28 50 51 $97,769 PY2022
  • Eagle Capital Management, LLC codes 28 50 51 68 $68,988 PY2022
  • Northern Trust Company codes 21 28 50 51 52 62 $65,082 PY2022
  • Monticello Associates, Inc. codes 27 50 $52,500 PY2022
  • JP Morgan Chase Bank, N.A. codes 24 27 28 50 51 $25,071 PY2022
  • Arentfox Schiff LLP codes 29 50 $24,679 PY2022
  • Grant Thornton LLP codes 10 50 $22,600 PY2022
  • Northern Trust Investments Inc codes 28 50 51 $17,830 PY2022
  • NT Coltv Russell 2000 Index Fund Nl Sched. D C $4.7M PY2022
  • Jpmcb Core Bond Fund Sched. D C PY2022
  • Jpmcb Long Credit Fund Sched. D C PY2022
  • NT Coltv Gov Stif Sched. D C $3.4M PY2022
  • Echo Street Select Plus Offshore Lt Sched. D C $4.8M PY2022
  • Jpmcb Intermediate Credit Fund Sched. D C $15.8M PY2022
  • WTC Ctf Intl Quality Growth Sched. D C $11.3M PY2022
  • GQG Partners International Equity Sched. D C $10.9M PY2022
  • Jpmcb Long Securitized Fund Sched. D C $6.4M PY2022
  • Jpmcb Mortgage Priv Placement Fund Sched. D C $9.5M PY2022
  • NT Coltv Msci Acwi Ex-Us Index Fund Sched. D C $10.2M PY2022
  • NT Coltv Russell 1000 Index Fund Nl Sched. D C $6.2M PY2022
  • Jpmcb Short Duration Bond Fund Sched. D C $10.2M PY2022
  • Willis Towers Watson US LLC codes 11 PY2022
What changed
7 events
  • Dec 31, 2024Consultant changedinference
    Monticello Associates, Inc. no longer appears on The Art Institute of Chicago Pension Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
    with Monticello Associatesaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Bank of America appears on The Art Institute of Chicago Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Bank of Americaaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Wellington Trust Company no longer appears on The Art Institute of Chicago Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Wellington Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Holding started
    The Art Institute of Chicago Pension Plan first reports an interest in Jpmcb Core Bond Fund (JP Morgan Core Bond Fund): $10M at 2023-12-31
    with JP Morgan Core Bond Fundaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    The Art Institute of Chicago Pension Plan no longer reports Jpmcb Mortgage Private Plmt Fund (last held $10M at 2022-12-31; absent from the 2023-12-31 filing)
    with Jpmcb Mortgage Private Plmt Fundaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    The Art Institute of Chicago Pension Plan funded ratio 108.9% -> 96.8% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    The Art Institute of Chicago Pension Plan plan assets $151M -> $117M (-22.4%, 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 362167725-001
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.