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
Westlake Defined Benefit Plan
Corporate pensionHouston, TX
Assets
$417M
Total assets, Dec 31, 2024 reported
Funded
90.8%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: Westlake Management Services, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Master trust investment accounts 100.0%
Consultants and advisers
4 firms
- LCG Associates Pension consultantthrough Dec 31, 2022 Form 5500
- Blackrock Institutional Trust Co,na TrusteeDiscretionary trusteethrough Dec 31, 2024 Form 5500
- Northern Trust Co. Trusteethrough Dec 31, 2022 Form 5500
- Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on Schedule C
From Schedule C (investment management, code 28)
- Western Asset Mgmt Company, LLCplan years 2022
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
33 readings
Investment management fees
$60,861 (2023-12) · $301,859 (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 | 3,287 | $427M | $480M | 90.8% | $417M | n/a | $417M | n/a |
| 2023 to Dec 31, 2023 | 3,336 | $415M | $494M | 88.7% | $427M | n/a | $427M | n/a |
| 2022 to Dec 31, 2022 | 3,378 | $562M | $500M | 102.0% | $415M | n/a | $415M | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Willis Towers Watson US LLC codes 11 50 70 $481,638 PY2024
- The Northern Trust Company codes 21 50 51 52 68 $261,247 PY2024
- Blackrock codes 21 24 28 50 51 $243,535 PY2024
- LCG Associates, Inc. codes 17 50 70 $108,750 PY2024
- Western Asset Management Company codes 28 50 51 52 $78,431 PY2024
- HAM Langston & Brezina LLP codes 10 50 $39,005 PY2024
- Gary a. Nagler and Associates codes 29 50 $19,154 PY2024
- Georgia Gulf Ret Pl Master Ret Tr Sched. D M $417M PY2024
- Willis Towers Watson US LLC codes 11 PY2024
- Willis Towers Watson US LLC codes 11 50 70 $586,704 PY2023
- The Northern Trust Company codes 21 50 51 52 68 $124,345 PY2023
- LCG Associates, Inc. codes 17 50 70 $65,250 PY2023
- Western Asset Management Company codes 28 50 51 52 $60,861 PY2023
- Gary a. Nagler and Associates codes 29 50 $5,138 PY2023
- Georgia Gulf Ret Pl Master Ret Tr Sched. D M $427M PY2023
- Willis Towers Watson US LLC codes 11 PY2023
- Willis Towers Watson US LLC codes 11 50 70 $587,909 PY2022
- Western Asset Management Company codes 28 50 51 52 $232,314 PY2022
- The Northern Trust Company codes 21 50 51 52 68 $93,263 PY2022
- LCG Associates, Inc. codes 17 50 70 $87,000 PY2022
- Blackrock codes 24 28 50 51 52 $69,544 PY2022
- HAM, Langston & Brezina, L.L.P. codes 10 50 $18,038 PY2022
- Gary a. Nagler and Associates codes 29 50 $16,104 PY2022
- Georgia Gulf Ret Pl Master Ret Tr Sched. D M $415M PY2022
- Willis Towers Watson US LLC codes 11 PY2022
What changed
5 events
- Dec 31, 2024Manager relationship startedBlackrock appears on Westlake Defined Benefit Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Blackrock Institutional Trust Co,naaskebsa.dol.gov
- Jan 1, 2024Funded status changedWestlake Defined Benefit Plan funded ratio 88.7% -> 90.8% (2023-01-01 to 2024-01-01)
- Dec 31, 2023Manager relationship endedinferenceBlackrock no longer appears on Westlake Defined Benefit Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Blackrock Institutional Trust Co,naaskebsa.dol.gov
- Jan 1, 2023Funded status changedWestlake Defined Benefit Plan funded ratio 102.0% -> 88.7% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedWestlake Defined Benefit Plan plan assets $562M -> $415M (-26.0%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 760321065-001
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.