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

VF Corporation Pension Plan

Corporate pensionGreensboro, NC

Assets

$906M

Total assets, Dec 31, 2024 reported

Funded

109.3%

Jan 1, 2024

Private markets target

n/a

policy Dec 31, 2024

Commitments

none on the tape

Plan sponsor: VF Corporation

Allocation policy

Form 5500, as of Dec 31, 2024

Actual allocation lines without a target (as filed)

U.S. Government securities 0.0%
Common/collective trusts 99.0%

Consultants and advisers

4 firms

MMA Securities LLC General consultantthrough Dec 31, 2023 Form 5500
Lpl-Rp General consultantthrough Dec 31, 2022 Form 5500
Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
Bank of New York Mellon Custodianthrough Dec 31, 2022 Form 5500

People

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

Manager roster

3 managers on the commitment tape

From the plan’s own commitment disclosures

AON Hewitt Investment Consulting, I18 rows, latest Dec 31, 2024
AON Trust Company LLC5 rows, latest Dec 31, 2024
AON Investment USA, Inc.2 rows, latest Dec 31, 2023

From Schedule C (investment management, code 28)

Parametric Portfolio Associatesplan years 2022
AON Hewitt Investment Consulting, Iplan years 2022

Commitments

28 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, 2024	AON Enhanced Liability Driven Invescollective trust	AON Trust Company LLC	Pooled vehicles	$165M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Large Cap Equity Index Fundcollective trust	AON Hewitt Investment Consulting, I	Public equity	$23.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Non-Us Equity Index Fundcollective trust	AON Hewitt Investment Consulting, I	Public equity	$14.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Small Cap Equity Index Fundcollective trust	AON Hewitt Investment Consulting, I	Public equity	$6.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Inter US Gov Bond Fdcollective trust	AON Hewitt Investment Consulting, I	Fixed income	$49.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	US Intermediate Gov Bond Index Fundcollective trust	AON Hewitt Investment Consulting, I	Fixed income	$87.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Collective US Gov't Stif 12 Bpscollective trust	The Bank of New York Mellon	Pooled vehicles	$121M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Long Credit Bond Fundcollective trust	AON Hewitt Investment Consulting, I	Private credit	$350M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	AON Intermediate Credit Bond Fundcollective trust	AON Trust Company LLC	Private credit	$79.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	AON Enhanced Liability Driven Invescollective trust	AON Trust Company LLC	Pooled vehicles	$132M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Large Cap Equity Index Fundcollective trust	AON Hewitt Investment Consulting, I	Public equity	$26.8M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Non-Us Equity Index Fundcollective trust	AON Hewitt Investment Consulting, I	Public equity	$18.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Small Cap Equity Index Fundcollective trust	AON Hewitt Investment Consulting, I	Public equity	$8.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Inter US Gov Bond Fdcollective trust	AON Hewitt Investment Consulting, I	Fixed income	$48.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	US Intermediate Gov Bond Index Fundcollective trust	AON Hewitt Investment Consulting, I	Fixed income	$93.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Collective US Gov't Stif 12 Bpscollective trust	The Bank of New York Mellon	Pooled vehicles	$96.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Long Credit Bond Fundcollective trust	AON Hewitt Investment Consulting, I	Private credit	$403M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	The Aon Hewitt Liquid Alternatives103 12 ie	AON Investment USA, Inc.	Hedge / diversifiers	$58.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	AON Intermediate Credit Bond Fundcollective trust	AON Trust Company LLC	Private credit	$52.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	AON Enhanced Liability Driven Invescollective trust	AON Trust Company LLC	Pooled vehicles	$128M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Large Cap Equity Index Fundcollective trust	AON Hewitt Investment Consulting, I	Public equity	$26.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Non-Us Equity Index Fundcollective trust	AON Hewitt Investment Consulting, I	Public equity	$19.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Small Cap Equity Index Fundcollective trust	AON Hewitt Investment Consulting, I	Public equity	$8.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Inter US Gov Bond Fdcollective trust	AON Hewitt Investment Consulting, I	Fixed income	$75.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	US Intermediate Gov Bond Index Fundcollective trust	AON Hewitt Investment Consulting, I	Fixed income	$105M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Collective US Gov't Stif 12 Bpscollective trust	The Bank of New York Mellon	Pooled vehicles	$102M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Long Credit Bond Fundcollective trust	AON Hewitt Investment Consulting, I	Private credit	$383M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	The Aon Hewitt Liquid Alternatives103 12 ie	AON Investment USA, Inc.	Hedge / diversifiers	$65.5M held	Disclosed holding	askebsa.dol.gov

Size and funding

33 readings

Total assets

$906M Dec 31, 2024 reported Form 5500

$952M (2023-12) · $928M (2022-12)

Plan assets

$951M Jan 1, 2024 reported Form 5500

$928M (2023-01) · $1.6B (2022-01)

Net assets

$905M Dec 31, 2024 reported Form 5500

$946M (2023-12) · $927M (2022-12)

Funded ratio

109.3% Jan 1, 2024 reported Form 5500

107.1% (2023-01) · 126.2% (2022-01)

Funding target

$748M Jan 1, 2024 reported Form 5500

$754M (2023-01) · $1.1B (2022-01)

Discount rate

5.09% Jan 1, 2024 reported Form 5500

5.22% (2023-01) · 5.36% (2022-01)

Participants

7,147 Jan 1, 2024 reported Form 5500

7,245 (2023-01) · 25,530 (2022-01)

Contributions

$0 Dec 31, 2024 reported Form 5500

$0 (2023-12) · $0 (2022-12)

Benefits paid

$49.4M Dec 31, 2024 reported Form 5500

$48.7M (2023-12) · $393M (2022-12)

Net investment income

$-40.9M Dec 31, 2024 reported Form 5500

$18.6M (2023-12) · $-681M (2022-12)

Investment management fees

$1.0M Dec 31, 2024 reported Form 5500

$1.0M (2023-12) · $1.2M (2022-12)

Form 5500 filings

3 plan years

Plan year	Participants	Assets (SB market)	Funding target	FTAP	Total assets (H)	Partnerships / JV	Master trust	Real estate
2024 to Dec 31, 2024	7,147	$951M	$748M	109.3%	$906M	n/a	n/a	n/a
2023 to Dec 31, 2023	7,245	$928M	$754M	107.1%	$952M	n/a	n/a	n/a
2022 to Dec 31, 2022	25,530	$1.6B	$1.1B	126.2%	$928M	n/a	n/a	n/a

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

Willis Towers Watson US LLC codes 11 12 13 15 16 17 38 50 $845,409 PY2024
AON Hewitt Investment Consulting codes 28 50 $826,077 PY2024
The Bank of New York Mellon codes 18 19 21 49 50 $295,187 PY2024
Parametric Portfolio Associate codes 28 50 $161,482 PY2024
BDO USA, P.C. codes 10 50 $37,225 PY2024
MMA Securities LLC codes 16 50 $20,000 PY2024
Seyfarth Shaw LLP codes 29 50 $7,788 PY2024
Collective Trust Govt Short Term in Sched. D C $121M PY2024
Long Credit Bond Fund Sched. D C $350M PY2024
Intermediate Credit Bond Sched. D C $79.4M PY2024
AON Enhanced Liability Driven Inves Sched. D C $165M PY2024
Large Cap Equity Index Fund Sched. D C $23.5M PY2024
Non-U.s. Equity Index Fund Sched. D C $14.9M PY2024
Small Cap Equity Index Fund Sched. D C $6.6M PY2024
US Intermediate Government Bond Ind Sched. D C $49.6M PY2024
US Long Government Bond Index Fund Sched. D C $87.3M PY2024
Willis Towers Watson US LLC codes 11 PY2024
AON Hewitt Investment Consulting codes 28 50 $841,303 PY2023
Willis Towers Watson US LLC codes 11 12 13 15 16 17 38 50 $781,914 PY2023
The Bank of New York Mellon codes 18 19 21 49 50 $227,702 PY2023
Parametric Portfolio Associate codes 28 50 $210,006 PY2023
BDO USA, P.C. codes 10 50 $38,263 PY2023
MMA Securities LLC codes 16 50 $20,000 PY2023
Seyfarth Shaw LLP codes 29 50 $6,683 PY2023
US Long Government Bond Index Fund Sched. D C $93.0M PY2023
Collective Trust Govt Short Term in Sched. D C $96.9M PY2023
Long Credit Bond Fund Sched. D C $403M PY2023
AON Diversifying Alternatives Port Sched. D E $58.9M PY2023
Intermediate Credit Bond Sched. D C $52.7M PY2023
AON Enhanced Liability Driven Inves Sched. D C $132M PY2023
Large Cap Equity Index Fund Sched. D C $26.8M PY2023
Non-U.s. Equity Index Fund Sched. D C $18.9M PY2023
Small Cap Equity Index Fund Sched. D C $8.7M PY2023
US Intermediate Government Bond Ind Sched. D C $48.4M PY2023
Willis Towers Watson US LLC codes 11 PY2023
Willis Towers Watson US LLC codes 11 12 13 15 16 17 38 50 $2.0M PY2022
AON Hewitt Investment Consulting codes 28 50 $1.1M PY2022
The Bank of New York Mellon codes 18 19 21 49 50 $576,715 PY2022
Parametric Portfolio Associate codes 28 50 $246,497 PY2022
Seyfarth Shaw LLP codes 29 50 $125,780 PY2022
BDO USA, P.C. codes 10 50 $34,929 PY2022
LPL Holdings, Inc. codes 16 50 $20,000 PY2022
Collective Trust Govt Short Term in Sched. D C $102M PY2022
Long Credit Bond Fund Sched. D C $383M PY2022
AON Diversifying Alternatives Port Sched. D E $65.5M PY2022
AON Enhanced Liability Driven Inves Sched. D C $128M PY2022
Large Cap Equity Index Fund Sched. D C $26.9M PY2022
Non-U.s. Equity Index Fund Sched. D C $19.9M PY2022
Small Cap Equity Index Fund Sched. D C $8.5M PY2022
US Intermediate Government Bond Ind Sched. D C $75.9M PY2022
US Long Government Bond Index Fund Sched. D C $105M PY2022
Willis Towers Watson US LLC codes 11 PY2022

What changed

7 events

Dec 31, 2024Holding endedinference
VF Corporation Pension Plan no longer reports The Aon Hewitt Liquid Alternatives (AON Investment USA, Inc.) (last held $59M at 2023-12-31; absent from the 2024-12-31 filing)
with AON Investment USA, Inc.askebsa.dol.gov
Jan 1, 2024Funded status changed
VF Corporation Pension Plan funded ratio 107.1% -> 109.2% (2023-01-01 to 2024-01-01)
askebsa.dol.gov
Dec 31, 2023Holding started
VF Corporation Pension Plan first reports an interest in AON Intermediate Credit Bond Fund (AON Trust Company LLC): $53M at 2023-12-31
with AON Trust Company LLCaskebsa.dol.gov
Dec 31, 2023Consultant changedinference
LPL Holdings, Inc. no longer appears on VF Corporation Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
with Lpl-Rpaskebsa.dol.gov
Dec 31, 2023Consultant changedinference
MMA Securities LLC appears on VF Corporation Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
with MMA Securities LLCaskebsa.dol.gov
Jan 1, 2023Funded status changed
VF Corporation Pension Plan funded ratio 126.2% -> 107.1% (2022-01-01 to 2023-01-01)
askebsa.dol.gov
Jan 1, 2023Assets changed
VF Corporation Pension Plan plan assets $1.6B -> $928M (-42.4%, 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 231180120-001

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.