The Rowan Pension Plan
Corporate pension, based in Houston, Texas, reporting $474M in assets, for 3,555 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, State Street Global Trust Co no longer appears on The Rowan Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023).
27 more commitments
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Mercer Active Long Corporate Fixed3 commitments
- Mercer Global Low Volatility Equity3 commitments
- 20+ Year U.S. Treasury Strips Index3 commitments
- State Street Global Advisors Trust Company12 commitments
- Mercer Investments LLC9 commitments
- State Street Global Advisors Trust Company9 commitments
Relationship network
34 connected entities30 observed commitments12 repeat counterpartiescommitments 2022 to 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Interest-bearing cash 1.3%
- Partnership/joint venture interests 5.3%
- Common/collective trusts 92.6%
- Common stock 0.0%
Consultants and advisers
- Mercer Actuarythrough Dec 31, 2022 Form 5500
- Jpmorgan Chase Bank, N.A. Trusteethrough Dec 31, 2022 Form 5500
People
Manager roster
- State Street Global Advisors Trust Company12 rows, latest Dec 31, 2024
- Mercer Investments LLC9 rows, latest Dec 31, 2024
- State Street Global Advisors Trust Company9 rows, latest Dec 31, 2024
- Mercer Investments LLCplan years
- State Street Global Advisorsplan years 2022
- Mercer Investments LLCplan years 2022
+1 more Schedule C manager
Every name, record and relationship behind this count, with the source on each.
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What changed
- Dec 31, 2024Manager relationship endedinferenceState Street Global Trust Co no longer appears on The Rowan Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with State Street Global Advisorsaskebsa.dol.gov
- Jan 1, 2024Funded status changedThe Rowan Pension Plan funded ratio 84.3% -> 87.2% (2023-01-01 to 2024-01-01)
- Jan 1, 2023Funded status changedThe Rowan Pension Plan funded ratio 99.3% -> 84.3% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedThe Rowan Pension Plan plan assets $635M -> $459M (-27.6%, 2022-01-01 to 2023-01-01)
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Mercer Active Long Corporate Fixedcollective trust | Mercer Investments LLC | Fixed income | $103M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Mercer Global Low Volatility Equitycollective trust | Mercer Investments LLC | Public equity | $34.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | 20+ Year U.S. Treasury Strips Indexcollective trust | State Street Global Advisors Trust Company | Fixed income | $76.7M held | Disclosed holding | askebsa.dol.gov |
+27 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 3,555 | $482M | $594M | 87.2% | $474M | $25.0M | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 3,667 | $459M | $599M | 84.3% | $482M | $28.4M | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 3,794 | $635M | $600M | 99.3% | $459M | $35.7M | Not disclosed | Not disclosed |
- Mercer codes 11 17 $519,456 PY2024
- Mercer Investments LLC codes 51 52 $399,291 PY2024
- Ubs codes 28 $239,828 PY2024
+52 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
The Rowan Pension Plan sits on 1 traced path of capital across the graphs.
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Manager relationship ended2024-12-31source on record
- Funded status changed2024-01-01source on record
- Funded status changed2023-01-01source on record
+1 more change on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+7 connections on the graph
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