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

Nylic Retirement Plan

Corporate pensionNEW York, NY

Assets

$3.1B

Total assets, Dec 31, 2024 reported

Funded

95.2%

Jan 1, 2024

Private markets target

n/a

policy Dec 31, 2024

Commitments

none on the tape

Plan sponsor: Mackay Shields

Allocation policy

Form 5500, as of Dec 31, 2024

Actual allocation lines without a target (as filed)

Interest-bearing cash 0.0%
Non-interest-bearing cash 0.1%
U.S. Government securities 6.9%
Insurance company general account 54.1%
Partnership/joint venture interests 1.6%
Common/collective trusts 5.6%
Pooled separate accounts 29.2%
Real estate (other than employer real property) 2.5%

Consultants and advisers

2 firms

Nepc, LLC Pension consultantthrough 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 the commitment tape

From the plan’s own commitment disclosures

Mackay Shields25 rows, latest Dec 31, 2024
Fidelity Institutional Asset Mgmt2 rows, latest Dec 31, 2024
Capital Guardian Trust Company2 rows, latest Dec 31, 2024

From Schedule C (investment management, code 28)

Apogem Capital, LLCplan years 2022
Goldpoint Partners LLCplan years 2022
West Tower Group LLCplan years 2022
Fidelity Institutional Asset Mgmtplan years 2022

Commitments

35 rows, 0 dated closings

Disclosed holdings (from the plan’s performance or holdings report, as of the report date)

Date	Fund	Manager	Bucket	Amount	Status	Source
as of Dec 31, 2024	GQG Partners International Equitycollective trust	Reliance Trust Company	Public equity	$46.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Private Equity Separate Account 39separate account	Mackay Shields	Private equity	$119,995 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Indexed Equity Accountseparate account	Mackay Shields	Public equity	$128M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	High Yield Account Sa40-003separate account	Mackay Shields	Fixed income	$166M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Fiam Small Cap Core Poolcollective trust	Fidelity Institutional Asset Mgmt	Public equity	$48.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Strategic Property Fundcollective trust	JP Morgan Chase Bank	Real estate	$33.1M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Municipals 48-001separate account	Mackay Shields	Pooled vehicles	$76.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Long/short Hedge Fund Accountseparate account	Mackay Shields	Hedge / diversifiers	$11.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Absolute Return Hedge Fund Accountseparate account	Mackay Shields	Hedge / diversifiers	$437,857 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Private Equity Separate Account 39aseparate account	Mackay Shields	Private equity	$209,868 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Private Equity Separate Account 39bseparate account	Mackay Shields	Private equity	$536M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	CAP Group Europacific Growth Trustcollective trust	Capital Guardian Trust Company	Pooled vehicles	$48.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	GQG Partners International Equitycollective trust	Reliance Trust Company	Public equity	$94.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Private Equity Separate Account 39separate account	Mackay Shields	Private equity	$262,040 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Indexed Equity Accountseparate account	Mackay Shields	Public equity	$158M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	High Yield Account Sa40-003separate account	Mackay Shields	Fixed income	$155M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Fiam Small Cap Core Poolcollective trust	Fidelity Institutional Asset Mgmt	Public equity	$85.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Strategic Property Fundcollective trust	JP Morgan Chase Bank	Real estate	$36.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Municipals 48-001separate account	Mackay Shields	Pooled vehicles	$75.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Long/short Hedge Fund Accountseparate account	Mackay Shields	Hedge / diversifiers	$31.1M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Absolute Return Hedge Fund Accountseparate account	Mackay Shields	Hedge / diversifiers	$854,834 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Private Equity Separate Account 39aseparate account	Mackay Shields	Private equity	$258,250 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Private Equity Separate Account 39bseparate account	Mackay Shields	Private equity	$598M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	CAP Group Europacific Growth Trustcollective trust	Capital Guardian Trust Company	Pooled vehicles	$91.8M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	International Equity Account 11aseparate account	Mackay Shields	Public equity	$180M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Private Equity Separate Account 39separate account	Mackay Shields	Private equity	$3.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Indexed Equity Accountseparate account	Mackay Shields	Public equity	$125M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	High Yield Account Sa40-003separate account	Mackay Shields	Fixed income	$138M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Fiam Small Cap Citcollective trust	Fidelity Institutional Asset Management	Public equity	$72.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Strategic Property Fundcollective trust	JP Morgan Chase Bank	Real estate	$45.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Municipals 48-001separate account	Mackay Shields	Pooled vehicles	$68.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Long/short Hedge Fund Accountseparate account	Mackay Shields	Hedge / diversifiers	$145M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Absolute Return Hedge Fund Accountseparate account	Mackay Shields	Hedge / diversifiers	$1.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Private Equity Separate Account 39aseparate account	Mackay Shields	Private equity	$293,961 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Private Equity Separate Account 39bseparate account	Mackay Shields	Private equity	$596M held	Disclosed holding	askebsa.dol.gov

Size and funding

33 readings

Total assets

$3.1B Dec 31, 2024 reported Form 5500

$3.2B (2023-12) · $3.1B (2022-12)

Plan assets

$3.2B Jan 1, 2024 reported Form 5500

$3.1B (2023-01) · $3.7B (2022-01)

Net assets

$3.1B Dec 31, 2024 reported Form 5500

$3.2B (2023-12) · $3.1B (2022-12)

Funded ratio

95.2% Jan 1, 2024 reported Form 5500

98.5% (2023-01) · 104.6% (2022-01)

Funding target

$2.5B Jan 1, 2024 reported Form 5500

$2.4B (2023-01) · $2.4B (2022-01)

Discount rate

5.15% Jan 1, 2024 reported Form 5500

5.28% (2023-01) · 5.44% (2022-01)

Participants

24,706 Jan 1, 2024 reported Form 5500

23,975 (2023-01) · 24,153 (2022-01)

Contributions

$0 Dec 31, 2024 reported Form 5500

$0 (2023-12) · $0 (2022-12)

Benefits paid

$153M Dec 31, 2024 reported Form 5500

$150M (2023-12) · $144M (2022-12)

Net investment income

$-59.8M Dec 31, 2024 reported Form 5500

$103M (2023-12) · $-643M (2022-12)

Investment management fees

$4.0M Dec 31, 2024 reported Form 5500

$4.8M (2023-12) · $5.6M (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	24,706	$3.2B	$2.5B	95.2%	$3.1B	$49.3M	n/a	$77.1M
2023 to Dec 31, 2023	23,975	$3.1B	$2.4B	98.5%	$3.2B	$57.4M	n/a	$77.7M
2022 to Dec 31, 2022	24,153	$3.7B	$2.4B	104.6%	$3.1B	$68.3M	n/a	$87.5M

Service providers and investment entities as filed (Schedule C and D, latest year first)

Apogem Capital LLC codes 28 50 51 $3.2M PY2024
Alight Solutions LLC codes 15 64 $1.8M PY2024
Fidelity Institutional Asset Mgmt codes 28 50 51 $644,887 PY2024
NEW York Life Insurance Company codes 13 50 $231,584 PY2024
Nepc, LLC codes 17 27 50 $90,356 PY2024
GQG Partners International Equ Cit Sched. D C $46.4M PY2024
Private Equity Separate Account 39 Sched. D P $119,995 PY2024
Indexed Equity Account Sched. D P $128M PY2024
High Yield Account Sa40-003 Sched. D P $166M PY2024
Fiam Small Cap Core Commingled Pool Sched. D C $48.7M PY2024
Strategic Property Fund Sched. D C $33.1M PY2024
Municipals 48-001 Sched. D P $76.2M PY2024
Long/short Hedge Fund Account Sched. D P $11.9M PY2024
Absolute Return Hedge Fund Account Sched. D P $437,857 PY2024
Private Equity Separate Account 39a Sched. D P $209,868 PY2024
Private Equity Separate Account 39b Sched. D P $536M PY2024
CAP Group Europacific Growth Trust Sched. D C $48.5M PY2024
AON Consulting, Inc. codes 11 PY2024
Apogem Capital LLC codes 28 50 51 $4.4M PY2023
Alight Solutions LLC codes 15 64 $1.5M PY2023
Fidelity Institutional Asset Mgmt codes 28 50 51 $354,944 PY2023
New York Life Insurance Company codes 13 50 $313,757 PY2023
Nepc, LLC codes 17 27 50 $50,490 PY2023
GQG Partners International Equ Cit Sched. D C $94.4M PY2023
Private Equity Separate Account 39 Sched. D P $262,040 PY2023
Indexed Equity Account Sched. D P $158M PY2023
High Yield Account Sa40-003 Sched. D P $155M PY2023
Fiam Small Cap Core Commingled Pool Sched. D C $85.0M PY2023
Strategic Property Fund Sched. D C $36.5M PY2023
Municipals 48-001 Sched. D P $75.9M PY2023
Long/short Hedge Fund Account Sched. D P $31.1M PY2023
Absolute Return Hedge Fund Account Sched. D P $854,834 PY2023
Private Equity Separate Account 39a Sched. D P $258,250 PY2023
Private Equity Separate Account 39b Sched. D P $598M PY2023
CAP Group Europacific Growth Trust Sched. D C $91.8M PY2023
AON Consulting, Inc. codes 11 PY2023
Apogem Capital LLC codes 28 50 51 $3.7M PY2022
Alight Solutions LLC codes 15 64 $1.3M PY2022
Goldpoint Partners LLC codes 28 50 51 $968,430 PY2022
Fidelity Institutional Asset Mgmt codes 28 50 51 $527,627 PY2022
New York Life Insurance Company codes 13 50 $351,527 PY2022
PA Capital LLC codes 28 50 51 $335,762 PY2022
Nepc, LLC codes 17 27 50 $75,350 PY2022
International Equity Account 11a Sched. D P $180M PY2022
Private Equity Separate Account 39 Sched. D P $3.0M PY2022
Indexed Equity Account Sched. D P $125M PY2022
High Yield Account Sa40-003 Sched. D P $138M PY2022
Fiam Small Cap Cit Sched. D C $72.9M PY2022
Municipals 48-001 Sched. D P $68.7M PY2022
Long/short Hedge Fund Account Sched. D P $145M PY2022
Absolute Return Hedge Fund Account Sched. D P $1.2M PY2022
Private Equity Separate Account 39a Sched. D P $293,961 PY2022
Private Equity Separate Account 39b Sched. D P $596M PY2022
Strategic Property Fund Sched. D C $45.0M PY2022
AON Consulting, Inc. codes 11 PY2022

What changed

10 events

Jan 1, 2024Funded status changed
Nylic Retirement Plan funded ratio 98.5% -> 95.2% (2023-01-01 to 2024-01-01)
askebsa.dol.gov
Dec 31, 2023Holding started
Nylic Retirement Plan first reports an interest in GQG Partners International Equity: $94M at 2023-12-31
with GQG Partners International Equityaskebsa.dol.gov
Dec 31, 2023Holding started
Nylic Retirement Plan first reports an interest in CAP Group Europacific Growth Trust (Capital Guardian Trust Company): $92M at 2023-12-31
with Capital Guardian Trust Companyaskebsa.dol.gov
Dec 31, 2023Holding endedinference
Nylic Retirement Plan no longer reports Fiam Small Cap Cit (last held $73M at 2022-12-31; absent from the 2023-12-31 filing)
with Fiam Small Cap Citaskebsa.dol.gov
Dec 31, 2023Holding started
Nylic Retirement Plan first reports an interest in Fiam Small Cap Core Pool (Fidelity Institutional Asset Mgmt): $85M at 2023-12-31
with Fidelity Institutional Asset Mgmtaskebsa.dol.gov
Dec 31, 2023Holding endedinference
Nylic Retirement Plan no longer reports International Equity Account 11a (Mackay Shields) (last held $180M at 2022-12-31; absent from the 2023-12-31 filing)
with Mackay Shieldsaskebsa.dol.gov
Dec 31, 2023Manager relationship endedinference
PA Capital LLC no longer appears on Nylic Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
with West Tower Group LLCaskebsa.dol.gov
Dec 31, 2023Manager relationship endedinference
Goldpoint Partners LLC no longer appears on Nylic Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
with Goldpoint Partners LLCaskebsa.dol.gov
Jan 1, 2023Funded status changed
Nylic Retirement Plan funded ratio 104.6% -> 98.5% (2022-01-01 to 2023-01-01)
askebsa.dol.gov
Jan 1, 2023Assets changed
Nylic Retirement Plan plan assets $3.7B -> $3.1B (-17.4%, 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 135582869-005

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.