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

Puerto Rico Financial Retirement Plan

Corporate pensionMinneapolis, MN
Assets
$53.4M
Total assets, Dec 31, 2024 reported
Funded
96.3%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
15
none on the tape
Plan sponsor: Wells Fargo & Company
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.5%
  • Common/collective trusts 99.4%
  • Registered investment companies 0.1%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
15 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024State St US Bond Index Non-Lendincollective trustState Street Global Advisors TrustFixed income$24.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State St S&p Midcap Index Non-Lendcollective trustState Street Global Advisors TrustPooled vehicles$1.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State St Msci Eafe Ind Sec Lendingcollective trustState Street - Russell 2000Pooled vehicles$11.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State St Russell 2000 Ind Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$970,342 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State St S&p 500 Flagship Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$15.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State St US Bond Index Non-Lendincollective trustState Street Global Advisors TrustFixed income$23.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State St S&p Midcap Index Non-Lendcollective trustState Street Global Advisors TrustPooled vehicles$1.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State St Msci Eafe Ind Sec Lendingcollective trustState Street - Russell 2000Pooled vehicles$11.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State St Russell 2000 Ind Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$1.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State St S&p 500 Flagship Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$13.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State St Msci Eafe Ind Sec Lendingcollective trustState Street - Russell 2000Pooled vehicles$11.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State St Russell 2000 Ind Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$3.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State St S&p 500 Flagship Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$10.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State St US Bond Index Non-Lendincollective trustState Street Global Advisors TrustFixed income$21.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State St S&p Midcap Index Non-Lendcollective trustState Street Global Advisors TrustPooled vehicles$1.6M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$53.4M Dec 31, 2024 reported Form 5500
$52.4M (2023-12) · $49.0M (2022-12)
Plan assets
$52.3M Jan 1, 2024 reported Form 5500
$49.0M (2023-01) · $61.0M (2022-01)
Net assets
$53.3M Dec 31, 2024 reported Form 5500
$52.3M (2023-12) · $49.0M (2022-12)
Funded ratio
96.3% Jan 1, 2024 reported Form 5500
96.1% (2023-01) · 105.7% (2022-01)
Funding target
$52.6M Jan 1, 2024 reported Form 5500
$52.5M (2023-01) · $51.3M (2022-01)
Discount rate
5.14% Jan 1, 2024 reported Form 5500
5.28% (2023-01) · 5.46% (2022-01)
Participants
1,552 Jan 1, 2024 reported Form 5500
1,561 (2023-01) · 1,564 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$3.0M Dec 31, 2024 reported Form 5500
$2.8M (2023-12) · $2.7M (2022-12)
Net investment income
$1.0M Dec 31, 2024 reported Form 5500
$3.4M (2023-12) · $-12.0M (2022-12)
Investment management fees
$2,192 Dec 31, 2024 reported Form 5500
$2,129 (2023-12) · $1,841 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20241,552$52.3M$52.6M96.3%$53.4Mn/an/an/a
2023 to Dec 31, 20231,561$49.0M$52.5M96.1%$52.4Mn/an/an/a
2022 to Dec 31, 20221,564$61.0M$51.3M105.7%$49.0Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • AON Consulting, Inc. codes 11 13 17 38 $254,611 PY2024
  • Banco Popular de Puerto Rico codes 15 21 $125,812 PY2024
  • State Street Global Advisors codes 28 51 52 $2,192 PY2024
  • State St S&p Midcap Index Non-Lend Sched. D C $1.8M PY2024
  • State St US Bond Index Non-Lendin Sched. D C $24.1M PY2024
  • State St Russell 2000 Ind Sec Lendi Sched. D C $970,342 PY2024
  • State St S&p 500 Flagship Sec Lendi Sched. D C $15.1M PY2024
  • State St Msci Eafe Ind Sec Lending Sched. D C $11.1M PY2024
  • AON Consulting, Inc. codes 11 PY2024
  • AON Consulting, Inc. codes 11 13 17 38 $252,283 PY2023
  • Banco Popular de Puerto Rico codes 15 21 $119,684 PY2023
  • State Street Global Advisors codes 28 51 52 $2,129 PY2023
  • State St S&p 500 Flagship Sec Lendi Sched. D C $13.9M PY2023
  • State St Msci Eafe Ind Sec Lending Sched. D C $11.5M PY2023
  • State St S&p Midcap Index Non-Lend Sched. D C $1.8M PY2023
  • State St Russell 2000 Ind Sec Lendi Sched. D C $1.2M PY2023
  • State St US Bond Index Non-Lendin Sched. D C $23.3M PY2023
  • AON Consulting, Inc. codes 11 PY2023
  • Hewitt Associates codes 11 13 17 38 $231,875 PY2022
  • Banco Popular de Puerto Rico codes 15 21 $117,091 PY2022
  • State St S&p Midcap Index Non-Lend Sched. D C $1.6M PY2022
  • State St US Bond Ind Sec Non-Lendin Sched. D C PY2022
  • State St S&p Midcap Indx Nonlending Sched. D C PY2022
  • State St Msci Eafe Ind Sec Lending Sched. D C $11.3M PY2022
  • State St Russell 2000 Ind Sec Lendi Sched. D C $3.7M PY2022
  • State St S&p 500 Flagship Sec Lendi Sched. D C $10.6M PY2022
  • State St US Bond Index Non-Lendin Sched. D C $21.3M PY2022
  • AON Consulting, Inc. codes 11 PY2022
What changed
5 events
  • Dec 31, 2023Manager relationship started
    State Street Global Advisors appears on Puerto Rico Financial Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with State Street Global Advisorsaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Hewitt Associates no longer appears on Puerto Rico Financial Retirement Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Hewitt Associatesaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    AON Consulting, Inc. appears on Puerto Rico Financial Retirement Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
  • Jan 1, 2023Funded status changed
    Puerto Rico Financial Retirement Plan funded ratio 105.7% -> 96.1% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Puerto Rico Financial Retirement Plan plan assets $61M -> $49M (-19.7%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 410449260-022
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.