Driv Employees Retirement Plan

Corporate pension· Northville, Michigan

Corporate pension, based in Northville, Michigan, reporting $121M in assets, for 3,969 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$121M
Funded ratio
101.9%
Fund commitments
11
Managers
1
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 31 Dec 2024, Driv Employees Retirement Plan no longer reports Bnym-M Db Sl Long (BNY Mellon) (last held $24M at 2023-12-31; absent from the 2024-12-31 filing).

18 more commitments and 7 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.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Capital path

who backs this record, through what, into what; each name opens its own path
Driv Employees Retirement Plan
Funds committed to
All 11
Managers

Relationship network

33 connected entities21 observed commitments7 repeat counterparties20 dated commitments shown here, 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.

What stands out
Reading the network
  • 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 pensionShow
Corporate pension
Assets
$121M
Total assets, Dec 31, 2024 reported
Funded
101.9%
Jan 1, 2024
Private markets target
no policy read
policy Dec 31, 2024
Commitments
11
none on the tape
Plan sponsor: Advanced Suspension Technology LLC

Allocation policy

Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.3%
  • Common/collective trusts 97.9%

Consultants and advisers

3 firms

People

No investment staff or executives have been read for this allocator yet.

Manager roster

1 manager on the commitment tape
From the plan’s own commitment disclosures

What changed

12 events
  • Dec 31, 2024Holding endedinference
    Driv Employees Retirement Plan no longer reports Bnym-M Db Sl Long (BNY Mellon) (last held $24M at 2023-12-31; absent from the 2024-12-31 filing)
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Driv Employees Retirement Plan first reports an interest in Bnym-I Db Sl Lgus T-Strips Bif (BNY Mellon): $16M at 2024-12-31
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Driv Employees Retirement Plan no longer reports Bnym Mellon Db Sl Emerging Markets (BNY Mellon) (last held $4M at 2023-12-31; absent from the 2024-12-31 filing)
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Driv Employees Retirement Plan first reports an interest in Bnym-M Db Sl Long (BNY Mellon): $4M at 2024-12-31
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Driv Employees Retirement Plan no longer reports EB Dv Small Cap Stock Index Fund (BNY Mellon) (last held $6M at 2023-12-31; absent from the 2024-12-31 filing)
    with BNY Mellonaskebsa.dol.gov

+7 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.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

21 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024EB Temporary Investmentcollective trustBNY MellonPooled vehicles$218,308 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym-M Db Sl Lt Credit Bifcollective trustBNY MellonPrivate credit$62.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym-M Db Sl Longcollective trustBNY MellonPooled vehicles$3.6M heldDisclosed holdingaskebsa.dol.gov

+18 more commitments

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

33 readings
Total assets
$121M Dec 31, 2024 reported Form 5500
$194M (2023-12) · $177M (2022-12)
Plan assets
$194M Jan 1, 2024 reported Form 5500
$177M (2023-01) · $223M (2022-01)
Net assets
$121M Dec 31, 2024 reported Form 5500
$194M (2023-12) · $176M (2022-12)
Funded ratio
101.9% Jan 1, 2024 reported Form 5500
96.7% (2023-01) · 104.3% (2022-01)
Funding target
$192M Jan 1, 2024 reported Form 5500
$201M (2023-01) · $198M (2022-01)
Discount rate
5.13% Jan 1, 2024 reported Form 5500
5.07% (2023-01) · 5.39% (2022-01)
Participants
3,969 Jan 1, 2024 reported Form 5500
4,087 (2023-01) · 4,219 (2022-01)
Contributions
$362,045 Dec 31, 2024 reported Form 5500
$3.7M (2023-12) · $390,481 (2022-12)
Benefits paid
$82.3M Dec 31, 2024 reported Form 5500
$12.7M (2023-12) · $12.8M (2022-12)
Net investment income
-$73.1M Dec 31, 2024 reported Form 5500
$17.6M (2023-12) · -$46.4M (2022-12)
Investment management fees
$204,843 Dec 31, 2024 reported Form 5500
$238,231 (2023-12) · $232,426 (2022-12)

Form 5500 filings

3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20243,969$194M$192M101.9%$121MNot disclosedNot disclosedNot disclosed
2023 to Dec 31, 20234,087$177M$201M96.7%$194MNot disclosedNot disclosedNot disclosed
2022 to Dec 31, 20224,219$223M$198M104.3%$177MNot disclosedNot disclosedNot disclosed
Service providers and investment entities as filed (Schedule C and D, latest year first)

+38 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

Identifiers: EIN-PN 834117479-140
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 29, 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.

Record history

12 dated events on the change ledger, latest event first
  • Holding in a pooled vehicle ended
    2024-12-31source on record
  • Holding in a pooled vehicle started
    2024-12-31source on record
  • Holding in a pooled vehicle ended
    2024-12-31source on record

+9 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

+4 connections on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.