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

Ballard Power Corporation Pension Plan

Corporate pension

Assets

$7.3M

Total assets, Dec 31, 2023 reported

Funded

109.0%

Jan 1, 2023

Private markets target

n/a

policy Dec 31, 2023

Commitments

none on the tape

Plan sponsor: Ballard Power Corporation

Allocation policy

Form 5500, as of Dec 31, 2023

Actual allocation lines without a target (as filed)

Interest-bearing cash 99.5%

Consultants and advisers

3 firms

Principal Spectrum Asset Management Trusteethrough Dec 31, 2023 Form 5500
Wells Fargo Bank Trusteethrough Dec 31, 2022 Form 5500
USI Consulting Group Actuarythrough Dec 31, 2022 Form 5500

People

No investment staff or executives have been read for this allocator yet.

Manager roster

2 managers on the commitment tape

From the plan’s own commitment disclosures

Transamerica Financial Life Insuran1 rows, latest Dec 31, 2022
Minnesota Life Insurance1 rows, latest Dec 31, 2022

Commitments

13 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, 2022	Allspring Core Bond Cit Fcollective trust	Allspring Global Investments	Fixed income	$1.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Allspring Growth Cit Ncollective trust	Allspring Global Investments	Pooled vehicles	$265,461 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Blackrock Int Equity Index Cit Fcollective trust	Transamerica Financial Life Insuran	Public equity	$695,346 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Principal/blackrock S&p Mc Indx Citcollective trust	Wells Fargo	Pooled vehicles	$1.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Principal/blackrock S&p 500 Indexcollective trust	Wells Fargo	Pooled vehicles	$1.8M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Principal/causeway International Vacollective trust	Wells Fargo	Pooled vehicles	$525,169 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Dodge & Cox Intermediate Bond Cit Fcollective trust	Minnesota Life Insurance	Fixed income	$1.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Federated Total Return Bond Cit Fcollective trust	Wells Fargo	Fixed income	$1.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Voya Large Cap Growth Cit Ncollective trust	Wells Fargo	Public equity	$530,979 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Principal/mfs Value Cit Fcollective trust	Wells Fargo	Pooled vehicles	$546,411 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Pfg/multi-Manager Small Cap Cit Ncollective trust	Wells Fargo	Public equity	$680,794 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Principal/t. Rowe Price Institutioncollective trust	Wells Fargo	Pooled vehicles	$546,910 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Principal/trp Inst Lcg Mgd Cit Fcollective trust	Wells Fargo	Pooled vehicles	$521,175 held	Disclosed holding	askebsa.dol.gov

Size and funding

22 readings

Total assets

$7.3M Dec 31, 2023 reported Form 5500

$14.1M (2022-12)

Plan assets

$14.1M Jan 1, 2023 reported Form 5500

$17.4M (2022-01)

Net assets

$7.3M Dec 31, 2023 reported Form 5500

$14.1M (2022-12)

Funded ratio

109.0% Jan 1, 2023 reported Form 5500

119.3% (2022-01)

Funding target

$14.1M Jan 1, 2023 reported Form 5500

$13.7M (2022-01)

Discount rate

5.27% Jan 1, 2023 reported Form 5500

5.45% (2022-01)

Participants

159 Jan 1, 2023 reported Form 5500

159 (2022-01)

Contributions

$0 Dec 31, 2023 reported Form 5500

$0 (2022-12)

Benefits paid

$7.9M Dec 31, 2023 reported Form 5500

$671,341 (2022-12)

Net investment income

$-6.8M Dec 31, 2023 reported Form 5500

$-3.3M (2022-12)

Investment management fees

$56,058 Dec 31, 2023 reported Form 5500

$55,260 (2022-12)

Form 5500 filings

2 plan years

Plan year	Participants	Assets (SB market)	Funding target	FTAP	Total assets (H)	Partnerships / JV	Master trust	Real estate
2023 to Dec 31, 2023	159	$14.1M	$14.1M	109.0%	$7.3M	n/a	n/a	n/a
2022 to Dec 31, 2022	159	$17.4M	$13.7M	119.3%	$14.1M	n/a	n/a	n/a

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

Principal codes 15 21 28 49 50 51 $60,276 PY2023
USI Consulting Group codes 11 50 $41,362 PY2023
Mrpr Group codes 10 50 $8,500 PY2023
Blackrock Int Equity Index Cit N Sched. D C PY2023
Blackrock S&p Midcap Index Cit N Sched. D C PY2023
Blackrock S&p 500 Index Cit N Sched. D C PY2023
Causeway International Value Cit N Sched. D C PY2023
Dodge & Cox Intermediate Bond Cit N Sched. D C PY2023
Federated Total Return Bond Cit N Sched. D C PY2023
Voya Large Cap Growth Cit N Sched. D C PY2023
MFS Value Cit N Sched. D C PY2023
Multi-Manager Small Cap Cit N Sched. D C PY2023
T Rowe Price Inst Eq Inc Mgd Cit N Sched. D C PY2023
T Rowe Price Inst Large Cap Growth Sched. D C PY2023
Core Bond Cit N Sched. D C PY2023
Growth Cit Class N Sched. D C PY2023
USI Consulting Group codes 11 PY2023
Wells Fargo Bank, N.A. codes 15 21 28 49 50 51 $59,366 PY2022
USI Consulting Group codes 11 50 $21,016 PY2022
Blackrock Int Equity Index Cit F Sched. D C $695,346 PY2022
Blackrock S&p Midcap Index Cit F Sched. D C $1.2M PY2022
Blackrock S&p 500 Index Cit F Sched. D C $1.8M PY2022
Causeway International Value Cit F Sched. D C $525,169 PY2022
Dodge & Cox Intermediate Bond Cit F Sched. D C $1.3M PY2022
Federated Total Return Bond Cit F Sched. D C $1.3M PY2022
Voya Large Cap Growth Cit F Sched. D C $530,979 PY2022
MFS Value Cit F Sched. D C $546,411 PY2022
Multi-Manager Small Cap Cit F Sched. D C $680,794 PY2022
T Rowe Price Inst Eq Inc Mgd Cit F Sched. D C $546,910 PY2022
T Rowe Price Inst Large Cap Growth Sched. D C $521,175 PY2022
Core Bond Cit F Sched. D C $1.3M PY2022
Growth Cit Class F Sched. D C $265,461 PY2022
USI Consulting Group codes 11 PY2022

What changed

5 events

Dec 31, 2023Manager relationship started
Principal appears on Ballard Power Corporation Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
with Principal Spectrum Asset Managementaskebsa.dol.gov
Dec 31, 2023Manager relationship endedinference
Wells Fargo Bank, N.A. no longer appears on Ballard Power Corporation Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
with Wells Fargo Bankaskebsa.dol.gov
Dec 31, 2023Assets changed
Ballard Power Corporation Pension Plan total assets $14M -> $7M (-48.2%, 2022-12-31 to 2023-12-31)
askebsa.dol.gov
Jan 1, 2023Funded status changed
Ballard Power Corporation Pension Plan funded ratio 119.3% -> 109.0% (2022-01-01 to 2023-01-01)
askebsa.dol.gov
Jan 1, 2023Assets changed
Ballard Power Corporation Pension Plan plan assets $17M -> $14M (-19.1%, 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 954392311-002

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.