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

Carmax Inc Pension Plans

Corporate pensionRichmond, VAcomponent of a larger system
Assets
$210M
Plan assets, Feb 28, 2026 reported
Funded
n/a
not filed
Private markets target
0.0%
policy Feb 28, 2026
Commitments
0
none on the tape
Part of: Carmax, Inc.
Allocation policy
10-K XBRL, as of Feb 28, 2026
Asset class (as printed)BucketTargetRangeActualGapBasis
Fixed Income SecuritiesFixed income100.0%reported sec.gov
Policy periods on the tape: Feb 28, 2026 (10-K XBRL), Feb 28, 2025 (10-K XBRL), Feb 29, 2024 (10-K XBRL). Target changes between periods are on the what changed list.
Consultants and advisers
No adviser relationship is on the tape for this allocator. Public systems name theirs in the ACFR; plans list them on Schedule C.
People
No investment staff or executives have been read for this allocator yet.
Manager roster
No manager relationship is on the tape for this allocator.
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
14 readings
Plan assets
$210M Feb 28, 2026 reported 10-K XBRL
$206M (2025-02)
Benefit obligation
$218M Feb 28, 2026 reported 10-K XBRL
$215M (2025-02)
Funded status (10-K)
$-8.5M Feb 28, 2026 reported 10-K XBRL
$-9.0M (2025-02)
Discount rate
5.50% Feb 28, 2026 reported 10-K XBRL
5.45% (2025-02)
Expected return
7.00% Feb 28, 2026 reported 10-K XBRL
7.00% (2025-02) · 7.25% (2024-02)
Expected contributions next year
$2.8M Feb 28, 2026 reported 10-K XBRL
What changed
3 events
  • Feb 28, 2026Allocation target changed
    Carmax Inc Pension Plans raised its Fixed Income Securities target 80.0% -> 100.0% (2025-02-28 to 2026-02-28)
  • Feb 28, 2025Allocation target changed
    Carmax Inc Pension Plans raised its Fixed Income Securities target 60.0% -> 80.0% (2024-02-29 to 2025-02-28)
  • Feb 28, 2025Allocation target changed
    Carmax Inc Pension Plans cut its Equity Securities target 40.0% -> 20.0% (2024-02-29 to 2025-02-28)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: CIK 1170010
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 16, 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.