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

Niagara Mohawk Pension Plan

Corporate pensionBrooklyn, NY
Assets
$1.2B
Total assets, Dec 31, 2024 reported
Funded
100.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
19
1 managers on Schedule C
Plan sponsor: National Grid USA Service Company, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.8%
  • Corporate debt instruments (other) 30.9%
  • Corporate debt instruments (preferred) 13.5%
  • U.S. Government securities 14.0%
  • Other investments 10.7%
  • Partnership/joint venture interests 20.1%
  • 103-12 investment entities 0.2%
  • Common/collective trusts 8.4%
  • Registered investment companies 0.5%
  • Common stock 0.0%
  • Preferred stock 0.0%
Consultants and advisers
7 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
Commitments
19 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024EB Temporary Investmentcollective trustBNY MellonPooled vehicles$2.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024US Total Market Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$31.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street Intermediate U.S. Credcollective trustState Street - Russell 2000Pooled vehicles$47.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Short Term Investment Fundscollective trustBlackrock Institutional TrustCash$1 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Msci Acwi Ex USA Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$17.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Harbourvest Partners Viii-Cayman Mz103 12 ieHarbourvest Partners Viii Mezz&distPooled vehicles$68,994 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Hipep VII Emerging Mkts Feeder Fund103 12 ieHarbourvest Partners LLCPooled vehicles$2.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023EB Temporary Investmentcollective trustBNY MellonPooled vehicles$3.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023US Total Market Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$34.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street Intermediate U.S. Credcollective trustState Street - Russell 2000Pooled vehicles$51.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Short Term Investment Fundscollective trustBlackrock Institutional TrustCash$1 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Msci Acwi Ex USA Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$20.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Harbourvest Partners Viii-Cayman Mz103 12 ieHarbourvest Partners Viii Mezz&distPooled vehicles$70,166 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Hipep VII Emerging Mkts Feeder Fund103 12 ieHarbourvest Partners LLCPooled vehicles$2.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022US Total Market Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$35.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street Intermediate U.S. Credcollective trustState Street - Russell 2000Pooled vehicles$125M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Harbourvest Partners Viii-Cayman Mz103 12 ieHarbourvest Partners Viii Mezz&distPooled vehicles$302,485 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Hipep VII Emerging Mkts Feeder Fund103 12 ieHarbourvest Partners LLCPooled vehicles$2.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Msci Acwi Ex USA Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$21.1M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$1.2B Dec 31, 2024 reported Form 5500
$1.1B (2023-12) · $1.2B (2022-12)
Plan assets
$1.0B Jan 1, 2024 reported Form 5500
$986M (2023-01) · $1.9B (2022-01)
Net assets
$1.1B Dec 31, 2024 reported Form 5500
$1.1B (2023-12) · $1.1B (2022-12)
Funded ratio
100.4% Jan 1, 2024 reported Form 5500
94.6% (2023-01) · 117.0% (2022-01)
Funding target
$568M Jan 1, 2024 reported Form 5500
$582M (2023-01) · $1.1B (2022-01)
Discount rate
5.14% Jan 1, 2024 reported Form 5500
5.31% (2023-01) · 5.34% (2022-01)
Participants
4,908 Jan 1, 2024 reported Form 5500
4,821 (2023-01) · 8,458 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$41.7M Dec 31, 2024 reported Form 5500
$33.8M (2023-12) · $673M (2022-12)
Net investment income
$3.4M Dec 31, 2024 reported Form 5500
$43.1M (2023-12) · $-960M (2022-12)
Investment management fees
$1.5M Dec 31, 2024 reported Form 5500
$1.2M (2023-12) · $2.5M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20244,908$1.0B$568M100.4%$1.2B$235Mn/an/a
2023 to Dec 31, 20234,821$986M$582M94.6%$1.1B$247Mn/an/a
2022 to Dec 31, 20228,458$1.9B$1.1B117.0%$1.2B$258Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
18 events
  • Dec 31, 2024Consultant changedinference
    Cliftonlarsonallen LLP no longer appears on Niagara Mohawk Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Cliftonlarsonallen LLPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Barrow Hanley, Mewhinney Inc no longer appears on Niagara Mohawk Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Barrow Hanley Mewhinney & Straussaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Ranger Investment Management no longer appears on Niagara Mohawk Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Ranger Investment Management LPaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Pricewaterhousecoopers LLP no longer appears on Niagara Mohawk Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Pricewaterhousecoopers LLPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    FMR Corp no longer appears on Niagara Mohawk Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Fidelity Institutional Asset Mgmt Taskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Niagara Mohawk Pension Plan funded ratio 94.6% -> 100.4% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding started
    Niagara Mohawk Pension Plan first reports an interest in EB Temporary Investment (BNY Mellon): $3M at 2023-12-31
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Niagara Mohawk Pension Plan first reports an interest in Short Term Investment Funds (Blackrock Institutional Trust): $1 at 2023-12-31
    with Blackrock Institutional Trustaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Grantham, Mayo, Vanotterloo & Co. no longer appears on Niagara Mohawk Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Grantham, Mayo, van Oterloo Co.askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Blackrock Institutional Trust no longer appears on Niagara Mohawk Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Blackrock Institutional Trust Co,naaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Towers Watson Pennsylvania no longer appears on Niagara Mohawk Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Towers Watson Pennsylvania, Inc.askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Ir+m Collective Investment appears on Niagara Mohawk Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Ir+m Collective Investmentaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Pricewaterhousecoopers LLP appears on Niagara Mohawk Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Pricewaterhousecoopers LLPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Goldman Sachs Asset Management appears on Niagara Mohawk Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Goldman Sachs Asset Managementaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Walter Scott no longer appears on Niagara Mohawk Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Walter Scott & Partners Ltdaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Mercer (US), Inc. no longer appears on Niagara Mohawk Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Merceraskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Niagara Mohawk Pension Plan funded ratio 117.0% -> 94.6% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Niagara Mohawk Pension Plan plan assets $1.9B -> $986M (-48.9%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 041663150-001
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.