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

Mcdermott (U.S.) Retirement Plan

Corporate pensionHouston, TX
Assets
$545,539
Total assets, Dec 31, 2023 reported
Funded
106.2%
Jan 1, 2022
Private markets target
n/a
policy Dec 31, 2023
Commitments
3
none on the tape
Plan sponsor: J. Ray Mcdermott Holdings, LLC
Allocation policy
Form 5500, as of Dec 31, 2023
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 3.2%
  • Corporate debt instruments (other) 0.6%
  • Registered investment companies 89.2%
Consultants and advisers
3 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
From Schedule C (investment management, code 28)
Commitments
3 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2022PRU Long Corporate Bondcollective trustPrudential Retirement & Annuity InsFixed income$1.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Core Bond / Pgim Fundseparate accountPrudential Retirement & Annuity InsFixed income$620,040 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Long Duration Bond/ir&m Fundseparate accountPrudential Retirement & Annuity InsFixed income$1.6M heldDisclosed holdingaskebsa.dol.gov
Size and funding
18 readings
Total assets
$545,539 Dec 31, 2023 reported Form 5500
$366M (2022-12)
Plan assets
$492M Jan 1, 2022 reported Form 5500
Net assets
$544,045 Dec 31, 2023 reported Form 5500
$365M (2022-12)
Funded ratio
106.2% Jan 1, 2022 reported Form 5500
Funding target
$457M Jan 1, 2022 reported Form 5500
Discount rate
2.70% Jan 1, 2022 reported Form 5500
Participants
3,826 Jan 1, 2023 reported Form 5500
4,185 (2022-01)
Contributions
$-29.6M Dec 31, 2023 reported Form 5500
$0 (2022-12)
Benefits paid
$338M Dec 31, 2023 reported Form 5500
$55.6M (2022-12)
Net investment income
$-354M Dec 31, 2023 reported Form 5500
$-125M (2022-12)
Investment management fees
$749,841 Dec 31, 2023 reported Form 5500
$203,399 (2022-12)
Form 5500 filings
2 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2023 to Dec 31, 20233,826n/an/an/a$545,539n/an/an/a
2022 to Dec 31, 20224,185$492M$457M106.2%$366Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
2 events
  • Dec 31, 2023Manager relationship started
    Income Research and Management appears on Mcdermott (U.S.) Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Income Research & Mgmt. Inc.askebsa.dol.gov
  • Dec 31, 2023Assets changed
    Mcdermott (U.S.) Retirement Plan total assets $366M -> $545,539 (-99.9%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 721280625-003
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.