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.

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Corporate pension

M•••••• R••••••••• P•••

Corporate pensionBridgewater, NJ
Assets
$7.9B
Total assets, Dec 31, 2024 reported
Funded
94.2%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
6
none on the tape
Plan sponsor: M•••••• G••••• I•••
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.1%
  • Corporate debt instruments (other) 28.0%
  • Corporate debt instruments (preferred) 14.4%
  • U.S. Government securities 28.1%
  • I•••••••• company general account 1.9%
  • Other investments 10.2%
  • Partnership/joint venture interests 1.2%
  • Registered investment companies 2.3%
  • Common stock 6.0%
  • Preferred stock 0.0%
Consultants and advisers
2 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
Commitments
6 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024M•••••• L••• D••••••• B••• 3••separate accountM••••••••• L••• I•••••••• C••••••Fixed income$336M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024B•••••••• B•••• M••••• B••• F•••separate accountM••••••••• L••• I•••••••• C••••••Fixed income$373M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023M•••••• L••• D••••••• B••• 3••separate accountM••••••••• L••• I•••••••• C••••••Fixed income$177M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023B•••••••• B•••• M••••• B••• F•••separate accountM••••••••• L••• I•••••••• C••••••Fixed income$435M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022M•••••• L••• D••••••• B••• 3••separate accountM••••••••• L••• I•••••••• C••••••Fixed income$169M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022B•••••••• B•••• M••••• B••• F•••separate accountM••••••••• L••• I•••••••• C••••••Fixed income$436M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$7.9B Dec 31, 2024 reported Form 5500
$7.9B (2023-12) · $7.9B (2022-12)
Plan assets
$7.8B Jan 1, 2024 reported Form 5500
$7.8B (2023-01) · $10B (2022-01)
Net assets
$7.5B Dec 31, 2024 reported Form 5500
$7.8B (2023-12) · $7.8B (2022-12)
Funded ratio
94.2% Jan 1, 2024 reported Form 5500
93.7% (2023-01) · 108.3% (2022-01)
Funding target
$7.7B Jan 1, 2024 reported Form 5500
$7.8B (2023-01) · $7.6B (2022-01)
Discount rate
5.13% Jan 1, 2024 reported Form 5500
5.21% (2023-01) · 5.38% (2022-01)
Participants
13,263 Jan 1, 2024 reported Form 5500
12,300 (2023-01) · 11,969 (2022-01)
Contributions
$260M Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$541M Dec 31, 2024 reported Form 5500
$528M (2023-12) · $535M (2022-12)
Net investment income
$-273M Dec 31, 2024 reported Form 5500
$-33.9M (2023-12) · $-2.7B (2022-12)
Investment management fees
$24.2M Dec 31, 2024 reported Form 5500
$26.2M (2023-12) · $25.9M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202413,263$7.8B$7.7B94.2%$7.9B$94.6Mn/an/a
2023 to Dec 31, 202312,300$7.8B$7.8B93.7%$7.9B$101Mn/an/a
2022 to Dec 31, 202211,969$10B$7.6B108.3%$7.9B$124Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • M••••••••• L••• I•••••••• C•••••• codes 13 18 28 51 $23.4M PY2024
  • Alight Solutions LLC codes 15 64 $1.2M PY2024
  • Automatic Data Processing codes 13 50 $621,362 PY2024
  • M••••••• codes 11 50 $53,374 PY2024
  • Heitman America Real Estate 759 Sched. D P $11.8M PY2024
  • Hamilton Lane Private Equity 794 Sched. D P $9.7M PY2024
  • L••• D••••••• Gov't Credit 566 Sched. D P $759M PY2024
  • International Equity Fund 372 Sched. D P $207M PY2024
  • Neuberger Hedge Fund 424 Sched. D P $6,422 PY2024
  • U.S. Aggregate B••• Index 835 Sched. D P $161M PY2024
  • MET I&r Private Equity 285 Sched. D P $373M PY2024
  • L••• D••••••• B••• 565 Sched. D P $5.9M PY2024
  • Private Real Estate Inv Trust 564 Sched. D P $171M PY2024
  • M•••••• I & R Hedge Fund 672 Sched. D P $439,105 PY2024
  • Bloomberg US L••• Credit Ind 686 Sched. D P $988M PY2024
  • U.S. Aggregate B••• Index 836 Sched. D P $161M PY2024
  • Barclays High Yield Index 700 Sched. D P $5.6M PY2024
  • Barclays US L••• Gov/bond Index 800 Sched. D P $745M PY2024
  • Baillie Gifford Overseas Limited739 Sched. D P $271,917 PY2024
  • Derivatives and Cash Account Subd Sched. D P $2.5M PY2024
  • M•••••• Core Property Fund 746 Sched. D P $83.6M PY2024
  • US L••• Gov/credit B••• 817 Sched. D P $653M PY2024
  • M••••••••• Index Fd Mi Via Sa #ii Sched. D P $250M PY2024
  • Barclays US L••• Gov't Credit 819 Sched. D P $18.3M PY2024
  • Markit Iboxx Usd Liquid Index 891 Sched. D P $4.0M PY2024
  • Mngd Private Placements 892 Sched. D P $179M PY2024
  • Markit Iboxx Usd Liquid Index 893 Sched. D P $1.1M PY2024
  • Mngd Private Placements 894 Sched. D P $186M PY2024
  • Bloomberg US Intermediate Trea 930 Sched. D P $560M PY2024
  • Bloomberg US Intermediate Cred 931 Sched. D P $336M PY2024
  • Bloomberg US Intermediate Cred 932 Sched. D P $336M PY2024
  • Barclays Agg Core Index Fund 377 Sched. D P PY2024
  • M•••••• L••• D••••••• B••• 3•• Sched. D P $966M PY2024
  • M•••••• R••••••••• P••• Reit 469 Sched. D P $31.9M PY2024
  • M••••••• codes 11 PY2024
  • M••••••••• L••• I•••••••• C•••••• codes 13 18 28 51 $25.2M PY2023
  • Automatic Data Processing codes 13 50 $1.3M PY2023
  • Alight Solutions LLC codes 15 64 $1.3M PY2023
  • M••••••• codes 11 50 $99,342 PY2023
  • Heitman America Real Estate 759 Sched. D P $17.7M PY2023
  • Hamilton Lane Private Equity 794 Sched. D P $11.5M PY2023
  • L••• D••••••• Gov't Credit 566 Sched. D P $535M PY2023
  • International Equity Fund 372 Sched. D P $200M PY2023
  • Neuberger Hedge Fund 424 Sched. D P $18,880 PY2023
  • U.S. Aggregate B••• Index 835 Sched. D P $440M PY2023
  • MET I&r Private Equity 285 Sched. D P $435M PY2023
  • L••• D••••••• B••• 565 Sched. D P $554M PY2023
  • Private Real Estate Inv Trust 564 Sched. D P $185M PY2023
  • M•••••• I & R Hedge Fund 672 Sched. D P $583,778 PY2023
  • Bloomberg US L••• Credit Bd Ind 686 Sched. D P $1.0B PY2023
  • U.S. Aggregate B••• Index 836 Sched. D P $179M PY2023
  • Barclays High Yield Index 700 Sched. D P $86.0M PY2023
  • Barclays US L••• Gov/bond Index 800 Sched. D P $517M PY2023
  • Baillie Gifford Overseas Limited739 Sched. D P $82.0M PY2023
  • Derivatives and Cash Account Subd Sched. D P $8.8M PY2023
  • M•••••• Core Property Fund 746 Sched. D P $88.9M PY2023
  • US L••• Gov/credit B••• 817 Sched. D P $487M PY2023
  • M••••••••• Index Fd Mi Via Sa #ii Sched. D P $122M PY2023
  • Barclays US L••• Gov't Credit 819 Sched. D P $19.0M PY2023
  • Markit Iboxx Usd Liquid Index 891 Sched. D P $2.4M PY2023
  • Mngd Private Placements 892 Sched. D P $183M PY2023
  • Markit Iboxx Usd Liquid Index 893 Sched. D P $1.0M PY2023
  • Mngd Private Placements 894 Sched. D P $177M PY2023
  • Barclays Agg Core Index Fund 377 Sched. D P $1.3B PY2023
  • M•••••• L••• D••••••• B••• 3•• Sched. D P $918M PY2023
  • M•••••• R••••••••• P••• Reit 469 Sched. D P $29.5M PY2023
  • M••••••• codes 11 PY2023
  • M••••••••• L••• I•••••••• C•••••• codes 13 18 28 51 $26.8M PY2022
  • Alight Solutions LLC codes 15 64 $1.3M PY2022
  • Automatic Data Processing codes 13 50 $1.1M PY2022
  • M••••••• codes 11 50 $88,000 PY2022
  • Heitman America Real Estate 759 Sched. D P $20.6M PY2022
  • Hamilton Lane Private Equity 794 Sched. D P $12.9M PY2022
  • L••• D••••••• Gov't Credit 566 Sched. D P $618M PY2022
  • International Equity Fund 372 Sched. D P $192M PY2022
  • Neuberger Hedge Fund 424 Sched. D P $20,695 PY2022
  • U.S. Aggregate B••• Index 835 Sched. D P $225M PY2022
  • MET I&r Private Equity 285 Sched. D P $436M PY2022
  • L••• D••••••• B••• 565 Sched. D P $639M PY2022
  • Private Real Estate Inv Trust 564 Sched. D P $226M PY2022
What changed
2 events
  • Jan 1, 2023Funded status changed
    M•••••• R••••••••• P••• funded ratio 108.3% -> 93.7% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    M•••••• R••••••••• P••• plan assets $10.4B -> $7.8B (-25.2%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 550790010-001
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.