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

Service Benefit Plan Administrative Services Corp. Retirement Plan

Corporate pensionOwings Mills, MD
Assets
$53.3M
Total assets, Dec 31, 2024 reported
Funded
96.6%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
6
none on the tape
Plan sponsor: Service Benefit Plan Administrative Services Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 13.6%
  • Corporate debt instruments (other) 10.3%
  • Corporate debt instruments (preferred) 6.4%
  • U.S. Government securities 25.8%
  • Other investments 4.0%
  • Common/collective trusts 5.9%
  • Registered investment companies 7.4%
  • Common stock 26.2%
Consultants and advisers
4 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
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, 2024Ssga Emerging Market Fund Zvepcollective trustState Street Global Advisors Trust CompanyPublic equity$1.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street Real Asset Non-Lendingcollective trustState Street Global Advisors TrustReal assets$1.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ssga Emerging Market Fund Zvepcollective trustState Street Global Advisors Trust CompanyPublic equity$1.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street Real Asset Non-Lendingcollective trustState Street Global Advisors TrustReal assets$3.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ssga Emerging Market Fund Zvepcollective trustState Street Global Advisors Trust CompanyPublic equity$1.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street Real Asset Non-Lendingcollective trustState Street Global Advisors TrustReal assets$3.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$53.3M Dec 31, 2024 reported Form 5500
$54.9M (2023-12) · $48.9M (2022-12)
Plan assets
$55.0M Jan 1, 2024 reported Form 5500
$49.1M (2023-01) · $64.8M (2022-01)
Net assets
$53.2M Dec 31, 2024 reported Form 5500
$54.9M (2023-12) · $48.9M (2022-12)
Funded ratio
96.6% Jan 1, 2024 reported Form 5500
96.4% (2023-01) · 104.8% (2022-01)
Funding target
$53.6M Jan 1, 2024 reported Form 5500
$55.5M (2023-01) · $58.7M (2022-01)
Discount rate
5.05% Jan 1, 2024 reported Form 5500
5.17% (2023-01) · 5.33% (2022-01)
Participants
277 Jan 1, 2024 reported Form 5500
288 (2023-01) · 304 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$6.1M (2023-12) · $0 (2022-12)
Benefits paid
$4.4M Dec 31, 2024 reported Form 5500
$4.5M (2023-12) · $6.9M (2022-12)
Net investment income
$-1.6M Dec 31, 2024 reported Form 5500
$6.0M (2023-12) · $-15.9M (2022-12)
Investment management fees
$74,000 Dec 31, 2024 reported Form 5500
$80,000 (2023-12) · $97,000 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024277$55.0M$53.6M96.6%$53.3Mn/an/an/a
2023 to Dec 31, 2023288$49.1M$55.5M96.4%$54.9Mn/an/an/a
2022 to Dec 31, 2022304$64.8M$58.7M104.8%$48.9M$0n/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
4 events
  • Jan 1, 2024Assets changed
    Service Benefit Plan Administrative Services Corp. Retirement Plan plan assets $49M -> $55M (+12.1%, 2023-01-01 to 2024-01-01)
  • Dec 31, 2023Assets changed
    Service Benefit Plan Administrative Services Corp. Retirement Plan total assets $49M -> $55M (+12.2%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Funded status changed
    Service Benefit Plan Administrative Services Corp. Retirement Plan funded ratio 104.8% -> 96.4% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Service Benefit Plan Administrative Services Corp. Retirement Plan plan assets $65M -> $49M (-24.3%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 201907367-004
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.