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

Tower Semiconductor Newport Beach, Inc. Retirement Plan for Hourly Employees

Corporate pensionNewport Beach, CA
Assets
$18.9M
Total assets, Dec 31, 2024 reported
Funded
97.0%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
24
none on the tape
Plan sponsor: Tower Semiconductor Newport Beach, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 1.4%
  • Common/collective trusts 98.6%
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
24 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024AON Long Government Bond Index Fundcollective trustAON Trust Company LLCFixed income$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON Long Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$11.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON US Intermediate Governmentcollective trustAON Trust Company LLCPooled vehicles$2.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON Intermediate Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$2.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON Large Cap Equity Index Fundcollective trustAON Trust Company LLCPublic equity$752,313 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON Small Cap Equity Index Fundcollective trustAON Trust Company LLCPublic equity$130,211 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON Non-Us Equity Index Fundcollective trustAON Trust Company LLCPublic equity$516,450 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON Global Equity Fundcollective trustAON Trust Company LLCPublic equity$470,885 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Long Government Bond Index Fundcollective trustAON Trust Company LLCFixed income$1.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Long Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$11.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON US Intermediate Governmentcollective trustAON Trust Company LLCPooled vehicles$2.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Intermediate Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$1.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Large Cap Equity Index Fundcollective trustAON Trust Company LLCPublic equity$782,267 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Small Cap Equity Index Fundcollective trustAON Trust Company LLCPublic equity$135,201 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Non-Us Equity Index Fundcollective trustAON Trust Company LLCPublic equity$565,981 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Global Equity Fundcollective trustAON Trust Company LLCPublic equity$499,275 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Long Government Bond Index Fundcollective trustAON Trust Company LLCFixed income$1.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Long Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$11.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON US Intermediate Governmentcollective trustAON Trust Company LLCPooled vehicles$2.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Intermediate Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$2.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Large Cap Equity Index Fundcollective trustAON Trust Company LLCPublic equity$755,962 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Small Cap Equity Index Fundcollective trustAON Trust Company LLCPublic equity$128,824 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Non-Us Equity Index Fundcollective trustAON Trust Company LLCPublic equity$568,900 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Global Equity Fundcollective trustAON Trust Company LLCPublic equity$491,867 heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$18.9M Dec 31, 2024 reported Form 5500
$20.0M (2023-12) · $19.2M (2022-12)
Plan assets
$20.0M Jan 1, 2024 reported Form 5500
$19.2M (2023-01) · $25.7M (2022-01)
Net assets
$18.9M Dec 31, 2024 reported Form 5500
$20.0M (2023-12) · $19.2M (2022-12)
Funded ratio
97.0% Jan 1, 2024 reported Form 5500
94.7% (2023-01) · 120.3% (2022-01)
Funding target
$18.2M Jan 1, 2024 reported Form 5500
$18.4M (2023-01) · $17.1M (2022-01)
Discount rate
5.08% Jan 1, 2024 reported Form 5500
5.21% (2023-01) · 5.39% (2022-01)
Participants
422 Jan 1, 2024 reported Form 5500
425 (2023-01) · 426 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$965,031 Dec 31, 2024 reported Form 5500
$962,824 (2023-12) · $804,587 (2022-12)
Net investment income
$-1.0M Dec 31, 2024 reported Form 5500
$747,153 (2023-12) · $-6.5M (2022-12)
Investment management fees
$75,000 Dec 31, 2024 reported Form 5500
$37,500 (2023-12) · $86,721 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024422$20.0M$18.2M97.0%$18.9Mn/an/an/a
2023 to Dec 31, 2023425$19.2M$18.4M94.7%$20.0Mn/an/an/a
2022 to Dec 31, 2022426$25.7M$17.1M120.3%$19.2Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • AON Consulting Inc codes 11 14 $186,464 PY2024
  • AON Investment USA Inc.(aiusa) codes 27 $75,000 PY2024
  • U.s.bancorp Assets Management, Inc. codes 21 51 $11,210 PY2024
  • AON Int Govt Bond Index Fund Sched. D C $2.5M PY2024
  • AON Intermediate Credit Bond Fund Sched. D C $2.1M PY2024
  • AON Long Govt Bond Index Fund Sched. D C $1.1M PY2024
  • AON Long Credit Bond Fund Sched. D C $11.1M PY2024
  • AON Large Cap Equity Index Fund Sched. D C $752,313 PY2024
  • AON Small Cap Equity Index Fund Sched. D C $130,211 PY2024
  • AON Non-Us Equity Index Fund Sched. D C $516,450 PY2024
  • AON Global Equity Sched. D C $470,885 PY2024
  • AON Consulting Inc. codes 11 PY2024
  • AON Consulting Inc codes 11 14 $175,024 PY2023
  • AON Investment USA Inc.(aiusa) codes 27 $37,500 PY2023
  • U.s.bancorp Assets Management, Inc. codes 21 51 $10,938 PY2023
  • AON Int Govt Bond Index Fund Sched. D C $2.2M PY2023
  • AON Long Govt Bond Index Fund Sched. D C $1.9M PY2023
  • AON Long Credit Bond Fund Sched. D C $11.6M PY2023
  • AON Intermediate Credit Bond Fund Sched. D C $1.9M PY2023
  • AON Large Cap Equity Index Fund Sched. D C $782,267 PY2023
  • AON Small Cap Equity Index Fund Sched. D C $135,201 PY2023
  • AON Non-Us Equity Index Fund Sched. D C $565,981 PY2023
  • AON Global Equity Sched. D C $499,275 PY2023
  • AON Consulting Inc. codes 11 PY2023
  • AON Consulting Inc codes 50 $146,827 PY2022
  • AON Investment USA Inc.(aiusa) codes 17 27 $86,721 PY2022
  • U.s.bancorp Assets Management, Inc. codes 52 $9,389 PY2022
  • AON Non-Us Equity Index Fund Sched. D C $568,900 PY2022
  • AON Long Govt Bond Index Fund Sched. D C $1.6M PY2022
  • AON Long Credit Bond Fund Sched. D C $11.0M PY2022
  • AON Int Govt Bond Index Fund Sched. D C $2.5M PY2022
  • AON Global Equity Sched. D C $491,867 PY2022
  • AON Intermediate Credit Bond Fund Sched. D C $2.0M PY2022
  • AON Large Cap Equity Index Fund Sched. D C $755,962 PY2022
  • AON Small Cap Equity Index Fund Sched. D C $128,824 PY2022
  • AON Consulting Inc. codes 11 PY2022
What changed
3 events
  • Jan 1, 2024Funded status changed
    Tower Semiconductor Newport Beach, Inc. Retirement Plan for Hourly Employees funded ratio 94.7% -> 97.0% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Tower Semiconductor Newport Beach, Inc. Retirement Plan for Hourly Employees funded ratio 120.3% -> 94.7% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Tower Semiconductor Newport Beach, Inc. Retirement Plan for Hourly Employees plan assets $26M -> $19M (-25.4%, 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 753005127-030
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.