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

General Dynamics Land Systems Pension Agreement

Corporate pensionWarren, MI
Assets
$303M
Total assets, Dec 31, 2024 reported
Funded
98.3%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
16
none on the tape
Plan sponsor: General Dynamics Land Systems, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.0%
  • Common/collective trusts 85.1%
  • Master trust investment accounts 3.3%
  • Registered investment companies 8.5%
Consultants and advisers
5 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
16 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Amer Cent Corp High Yield Bd Tr Kcollective trustGlobal Trust CompanyFixed income$7.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Developed Real Estate Idx N-L Fd Fcollective trustBlackrock Institutional Trust Company, N.A.Real estate$5.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024High Yield Bond Fundcollective trustBlackrock Institutional Trust Company, N.A.Fixed income$4.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Intermediate Govt Bond Index Fundcollective trustBlackrock Institutional Trust Co,naFixed income$17.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Blackrock Long Term Govt Nl Indexcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$7.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024US Long Credit Bond Fundcollective trustBlackrock Institutional Trust Company, N.A.Private credit$30.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury U.S. 5 Year Key Rate Duratcollective trustBlackrock Institutional Trust Company, N.A.Fixed income$10.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury US 10 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$9.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury US 15 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$7.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury U.S. 20 Year Key Rate Duracollective trustBlackrockFixed income$3.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024TSY U.S. 25+ Yr Key Rate Dur Nl Fdcollective trustBlackrockPooled vehicles$9.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NTC Emer Mkt Ex China Inv Mkt Id Nlcollective trustNorthern Trust Collective Eafe IndePooled vehicles$540,187 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NTC Government Short Term Invt Fdcollective trustNorthern Trust Investments, Inc.Cash$5.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ntgi Russell 1000 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$59.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NTC World Ex US Inv Mkt Ind Fd-Lendcollective trustNorthern Trust Collective Eafe IndePooled vehicles$33.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Pimco Long-Term Credit Bd Cit Cl Gdcollective trustGreat Gray Trust Company, LLCPrivate credit$45.0M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$303M Dec 31, 2024 reported Form 5500
$363M (2023-12) · $357M (2022-12)
Plan assets
$365M Jan 1, 2024 reported Form 5500
$360M (2023-01) · $496M (2022-01)
Net assets
$302M Dec 31, 2024 reported Form 5500
$363M (2023-12) · $357M (2022-12)
Funded ratio
98.3% Jan 1, 2024 reported Form 5500
94.2% (2023-01) · 109.7% (2022-01)
Funding target
$399M Jan 1, 2024 reported Form 5500
$409M (2023-01) · $411M (2022-01)
Discount rate
5.09% Jan 1, 2024 reported Form 5500
5.21% (2023-01) · 5.38% (2022-01)
Participants
5,325 Jan 1, 2024 reported Form 5500
5,434 (2023-01) · 5,555 (2022-01)
Contributions
$9.5M Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$72.6M Dec 31, 2024 reported Form 5500
$30.7M (2023-12) · $31.3M (2022-12)
Net investment income
$-60.5M Dec 31, 2024 reported Form 5500
$6.0M (2023-12) · $-136M (2022-12)
Investment management fees
$328,558 Dec 31, 2024 reported Form 5500
$197,291 (2023-12) · $398,074 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20245,325$365M$399M98.3%$303Mn/a$10.1Mn/a
2023 to Dec 31, 20235,434$360M$409M94.2%$363Mn/a$363Mn/a
2022 to Dec 31, 20225,555$496M$411M109.7%$357Mn/a$357Mn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Fidelity Inv. Inst. Ops. Co. codes 13 15 38 50 64 $386,053 PY2024
  • AON Consulting, Inc. codes 11 16 50 $350,925 PY2024
  • Blackrock Financial Management, Inc codes 28 50 51 $204,366 PY2024
  • Pacific Investment Mgmt Co LLC codes 28 50 51 $124,192 PY2024
  • Jenner & Block LLP codes 29 50 $52,968 PY2024
  • Kpmg LLP codes 10 50 $44,100 PY2024
  • Crowe LLP codes 10 16 50 $9,058 PY2024
  • The Northern Trust Company codes 21 25 50 62 65 99 $8,077 PY2024
  • Long Term Gov Bond Index N-L Fd Sched. D C $7.9M PY2024
  • US Long Credit Bond Fund Sched. D C $30.3M PY2024
  • Treas US 5 Year Key Rate Dur N-L Fd Sched. D C $10.6M PY2024
  • Treas US 10 Year Key Rate Dur N-L a Sched. D C $9.1M PY2024
  • Tres US 15 Year Key Rate Dur N-L Fd Sched. D C $7.7M PY2024
  • Tres US 20 Year Key Rate Dur N-L Fd Sched. D C $3.7M PY2024
  • Tres US 25+ Year Key Rate Dur N-L F Sched. D C $9.4M PY2024
  • NTC Emer Mkt Ex China Inv Mkt Id Nl Sched. D C $540,187 PY2024
  • NTC Government Short Term Invt Fd Sched. D C $5.1M PY2024
  • NTC Russell 1000 Ind Fund - Lending Sched. D C $59.4M PY2024
  • NTC World Ex US Inv Mkt Ind Fd-Lend Sched. D C $33.5M PY2024
  • GDC Group Ret Trust - Ls Uaw Pool Sched. D M PY2024
  • Pimco Long-Term Credit Bd Cit Cl Gd Sched. D C $45.0M PY2024
  • GDC Grp Rettrust-Liability Aware Pl Sched. D M $662 PY2024
  • GDC Grp Ret Trust-Diversifying Pool Sched. D M $10.1M PY2024
  • GDC Group Ret Trust-Nomura Pool Sched. D M $338 PY2024
  • Amer Cent Corp High Yield Bd Tr K Sched. D C $7.2M PY2024
  • Developed Real Estate Idx N-L Fd F Sched. D C $5.6M PY2024
  • High Yield Bond Fund Sched. D C $4.8M PY2024
  • Intermediate Gov Bd Index Fund Sched. D C $17.6M PY2024
  • AON Consulting, Inc. codes 11 PY2024
  • Fidelity Inv. Inst. Ops. Co. codes 13 15 38 50 64 $444,556 PY2023
  • Blackrock Financial Management, Inc codes 28 50 51 $211,771 PY2023
  • AON Consulting, Inc. codes 11 16 50 $142,796 PY2023
  • Kpmg LLP codes 10 50 $42,000 PY2023
  • The Northern Trust Company codes 21 25 50 62 65 99 $37,563 PY2023
  • Jenner & Block LLP codes 29 50 $19,011 PY2023
  • Crowe LLP codes 10 16 50 $9,400 PY2023
  • GDC Grp Rettrust-Liability Aware Pl Sched. D M $79,314 PY2023
  • GDC Group Ret Trust-Equity Pool Sched. D M PY2023
  • GDC Group Ret Trust-Nomura Pool Sched. D M $166 PY2023
  • GDC Group Ret Trust-Ls Uaw Pool Sched. D M $348M PY2023
  • GDC Grp Ret Trust-Diversifying Pool Sched. D M $15.2M PY2023
  • AON Consulting, Inc. codes 11 PY2023
  • Fidelity Inv. Inst. Ops. Co. codes 13 15 38 50 64 $402,139 PY2022
  • Blackrock Financial Management, Inc codes 28 50 51 $229,905 PY2022
  • Pacific Investment Mgmt Co LLC codes 28 50 51 $170,404 PY2022
  • The Northern Trust Company codes 21 25 50 62 65 99 $86,034 PY2022
  • AON Consulting, Inc. codes 11 16 50 $61,295 PY2022
  • Kpmg LLP codes 10 50 $42,000 PY2022
  • Dodge & Cox codes 28 50 51 52 $29,214 PY2022
  • Dimentional Fund Advisors LP codes 28 50 51 52 $16,953 PY2022
  • Nomura Corp Rsrch and Mgmt Inc codes 27 28 50 51 $15,431 PY2022
  • Jenner & Block LLP codes 29 50 $11,565 PY2022
  • Crowe LLP codes 10 16 50 $8,668 PY2022
  • GDC Group Ret Trust-Equity Pool Sched. D M $10,318 PY2022
  • GDC Grp Ret Trust-Diversifying Pool Sched. D M $24.3M PY2022
  • GDC Group Ret Trust-Land Syste Pool Sched. D M $332M PY2022
  • GDC Group Ret Trust-Nomura Pool Sched. D M $51,642 PY2022
  • GDC Grp Rettrust-Liability Aware Pl Sched. D M $1.3M PY2022
  • AON Consulting, Inc. codes 11 PY2022
What changed
9 events
  • Dec 31, 2024Manager relationship started
    Pacific Investment Mgmt Co LLC appears on General Dynamics Land Systems Pension Agreement's Schedule C as investment manager (plan year 2024 vs 2023)
    with Pacific Investmt Management Co LLCaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    General Dynamics Land Systems Pension Agreement total assets $363M -> $303M (-16.5%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    General Dynamics Land Systems Pension Agreement funded ratio 94.2% -> 98.3% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Dodge & Cox no longer appears on General Dynamics Land Systems Pension Agreement's Schedule C as investment manager (plan year 2023 vs 2022)
    with Dodge & Coxaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Dimentional Fund Advisors LP no longer appears on General Dynamics Land Systems Pension Agreement's Schedule C as investment manager (plan year 2023 vs 2022)
    with Dimensional Fund Advisors, LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Pacific Investment Mgmt Co LLC no longer appears on General Dynamics Land Systems Pension Agreement's Schedule C as investment manager (plan year 2023 vs 2022)
    with Pacific Investmt Management Co LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Nomura Corp Rsrch and Mgmt Inc no longer appears on General Dynamics Land Systems Pension Agreement's Schedule C as investment manager (plan year 2023 vs 2022)
    with Nomura Corporate Research and Assetaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    General Dynamics Land Systems Pension Agreement funded ratio 109.7% -> 94.2% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    General Dynamics Land Systems Pension Agreement plan assets $496M -> $360M (-27.4%, 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 540582680-008
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.