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

Carefirst, Inc. Retirement Plan

Corporate pensionOwings Mills, MD
Assets
$546M
Total assets, Dec 31, 2024 reported
Funded
95.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
7
none on the tape
Plan sponsor: Carefirst, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 1.6%
  • Corporate debt instruments (other) 13.2%
  • Corporate debt instruments (preferred) 11.3%
  • U.S. Government securities 35.4%
  • Other investments 4.5%
  • Common/collective trusts 4.6%
  • Common stock 28.8%
Consultants and advisers
4 firms
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
From Schedule C (investment management, code 28)
Commitments
7 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024State Street Real Asset Non-Lendingcollective trustState Street Global Advisors TrustReal assets$13.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ssga Emerging Market Fund Zvep103 12 ieState Street Global Advisors Trust CompanyPublic equity$11.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street Real Asset Non-Lendingcollective trustState Street Global Advisors TrustReal assets$15.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ssga Emerging Market Fund Zvepcollective trustState Street Global Advisors Trust CompanyPublic equity$13.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street Real Asset Non-Lendingcollective trustState Street Global Advisors TrustReal assets$15.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Silchester Int'l Value Equity Trust103 12 ieSilchester International InvestorPublic equity$30.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ssga Emerging Market Fund Zvepcollective trustState Street Global Advisors Trust CompanyPublic equity$11.8M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$546M Dec 31, 2024 reported Form 5500
$573M (2023-12) · $572M (2022-12)
Plan assets
$577M Jan 1, 2024 reported Form 5500
$574M (2023-01) · $758M (2022-01)
Net assets
$545M Dec 31, 2024 reported Form 5500
$573M (2023-12) · $572M (2022-12)
Funded ratio
95.1% Jan 1, 2024 reported Form 5500
93.4% (2023-01) · 117.0% (2022-01)
Funding target
$574M Jan 1, 2024 reported Form 5500
$584M (2023-01) · $619M (2022-01)
Discount rate
5.06% Jan 1, 2024 reported Form 5500
5.18% (2023-01) · 5.35% (2022-01)
Participants
4,682 Jan 1, 2024 reported Form 5500
4,822 (2023-01) · 5,035 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$5.4M (2023-12) · $0 (2022-12)
Benefits paid
$49.2M Dec 31, 2024 reported Form 5500
$46.8M (2023-12) · $64.7M (2022-12)
Net investment income
$-27.4M Dec 31, 2024 reported Form 5500
$847,000 (2023-12) · $-186M (2022-12)
Investment management fees
$1.4M Dec 31, 2024 reported Form 5500
$1.5M (2023-12) · $1.5M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20244,682$577M$574M95.1%$546Mn/an/an/a
2023 to Dec 31, 20234,822$574M$584M93.4%$573Mn/an/an/a
2022 to Dec 31, 20225,035$758M$619M117.0%$572M$0n/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
3 events
  • Dec 31, 2023Holding endedinference
    Carefirst, Inc. Retirement Plan no longer reports Silchester Int'l Value Equity Trust (Silchester International Investor) (last held $30M at 2022-12-31; absent from the 2023-12-31 filing)
    with Silchester International Investoraskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Carefirst, Inc. Retirement Plan funded ratio 117.0% -> 93.4% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Carefirst, Inc. Retirement Plan plan assets $758M -> $574M (-24.2%, 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 522069215-003
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.