3m Employee Retirement Income Plan
Corporate pension, based in ST. Paul, Minnesota, reporting $8.9B in assets, for 56,773 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Apollo St Fund Management LLC no longer appears on 3m Employee Retirement Income Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023).
13 more advisers, 1 more commitment and 29 more dated events
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- Collective Trust Government Stif3 commitments
- Group Pension Contract1 commitment
- BNY Mellon3 commitments
Relationship network
83 connected entities4 observed commitments3 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 0.3%
- Non-interest-bearing cash 0.4%
- Corporate debt instruments (other) 16.2%
- Corporate debt instruments (preferred) 12.2%
- U.S. Government securities 21.1%
- Insurance company general account 0.1%
- Other investments 1.4%
- Partnership/joint venture interests 25.3%
- Common/collective trusts 3.4%
- Registered investment companies 0.2%
- Common stock 16.1%
- Preferred stock 0.3%
Consultants and advisers
- Hewitt Associates General consultantActuarythrough Dec 31, 2024 Form 5500
- Deloitte Consulting LLP General consultantthrough Dec 31, 2024 Form 5500
- Bank of New York Mellon General consultantCustodianthrough Dec 31, 2024 Form 5500
+13 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
People
Manager roster
- BNY Mellon3 rows, latest Dec 31, 2024
- Crestview III, LLPplan years 2024
- BCP Energy Servicesplan years 2024
- NXT Capital Senior Loan Fund V Feeplan years 2024
+40 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
- Dec 31, 2024Manager relationship endedinferenceHamilton Lane Advisors no longer appears on 3m Employee Retirement Income Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Hamilton Laneaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferencePrudential Long Cred no longer appears on 3m Employee Retirement Income Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Pgim Incaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceNB Pine Private Debt LP no longer appears on 3m Employee Retirement Income Plan's Schedule C as investment manager (plan year 2024 vs 2023)with NB Pine Private Debt LPaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedCrestview III, LLP appears on 3m Employee Retirement Income Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Crestview III, LLPaskebsa.dol.gov
- Dec 31, 2024Consultant changedinferenceApollo St Fund Management LLC no longer appears on 3m Employee Retirement Income Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)with Apollo St Fund Management LLCaskebsa.dol.gov
+29 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Collective Trust Government Stifcollective trust | BNY Mellon | Pooled vehicles | $301M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Collective Trust Government Stifcollective trust | BNY Mellon | Pooled vehicles | $790M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Group Pension Contractcollective trust | Sun Life | Pooled vehicles | $429,669 held | Disclosed holding | askebsa.dol.gov |
+1 more commitment
Every fund and manager this allocator committed to, with the amount, date and source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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 | 56,773 | $12B | $12B | 80.0% | $8.9B | $2.2B | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 58,878 | $13B | $13B | 80.1% | $14B | $3.4B | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 61,494 | $17B | $13B | 77.7% | $14B | $4.0B | Not disclosed | Not disclosed |
- Falcon Strategic Partners IV codes 28 50 51 $4.5M PY2024
- Pacific Investment Management Compa codes 28 50 51 $4.5M PY2024
- Independent Franchise Partners codes 28 50 51 $2.7M PY2024
+164 more service providers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Provenance
Provenance
3m Employee Retirement Income Plan sits on 13 traced paths of capital across the graphs.
DFX traced 13 paths 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
- Manager relationship started2024-12-31source on record
- Manager relationship started2024-12-31source on record
+31 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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
+62 connections on the graph
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.