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

International Transmission Company Retirement Plan

Corporate pensionNovi, MI
Assets
$168M
Total assets, Dec 31, 2025 reported
Funded
89.6%
Jan 1, 2025
Private markets target
n/a
policy Dec 31, 2025
Commitments
1
none on the tape
Plan sponsor: International Transmission Company
Allocation policy
Form 5500, as of Dec 31, 2025
Actual allocation lines without a target (as filed)
  • Common/collective trusts 19.5%
  • Registered investment companies 77.7%
Consultants and advisers
2 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on the commitment tape
From the plan’s own commitment disclosures
Commitments
1 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2025State Street US Long Creditcollective trustState Street Gbl EquityPrivate credit$32.7M heldDisclosed holdingaskebsa.dol.gov
Size and funding
44 readings
Total assets
$168M Dec 31, 2025 reported Form 5500
$149M (2024-12) · $138M (2023-12) · $121M (2022-12)
Plan assets
$118M Jan 1, 2025 reported Form 5500
$109M (2024-01) · $95.8M (2023-01) · $120M (2022-01)
Net assets
$168M Dec 31, 2025 reported Form 5500
$149M (2024-12) · $138M (2023-12) · $121M (2022-12)
Funded ratio
89.6% Jan 1, 2025 reported Form 5500
93.8% (2024-01) · 99.4% (2023-01) · 112.0% (2022-01)
Funding target
$96.3M Jan 1, 2025 reported Form 5500
$89.9M (2024-01) · $78.5M (2023-01) · $72.2M (2022-01)
Discount rate
5.33% Jan 1, 2025 reported Form 5500
5.17% (2024-01) · 5.24% (2023-01) · 5.41% (2022-01)
Participants
976 Jan 1, 2025 reported Form 5500
919 (2024-01) · 884 (2023-01) · 848 (2022-01)
Contributions
$4.8M Dec 31, 2025 reported Form 5500
$3.9M (2024-12) · $3.7M (2023-12) · $0 (2022-12)
Benefits paid
$5.5M Dec 31, 2025 reported Form 5500
$3.9M (2024-12) · $4.0M (2023-12) · $3.8M (2022-12)
Net investment income
$18.9M Dec 31, 2025 reported Form 5500
$11.7M (2024-12) · $16.7M (2023-12) · $-29.4M (2022-12)
Investment management fees
$50,000 Dec 31, 2025 reported Form 5500
$50,000 (2024-12) · $50,000 (2023-12) · $71,970 (2022-12)
Form 5500 filings
4 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2025 to Dec 31, 2025976$118M$96.3M89.6%$168Mn/an/an/a
2024 to Dec 31, 2024919$109M$89.9M93.8%$149Mn/an/an/a
2023 to Dec 31, 2023884$95.8M$78.5M99.4%$138Mn/an/an/a
2022 to Dec 31, 2022848$120M$72.2M112.0%$121Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
7 events
  • Dec 31, 2025Assets changed
    International Transmission Company Retirement Plan total assets $149M -> $168M (+12.7%, 2024-12-31 to 2025-12-31)
  • Jan 1, 2025Funded status changed
    International Transmission Company Retirement Plan funded ratio 93.8% -> 89.6% (2024-01-01 to 2025-01-01)
  • Jan 1, 2024Funded status changed
    International Transmission Company Retirement Plan funded ratio 99.4% -> 93.8% (2023-01-01 to 2024-01-01)
  • Jan 1, 2024Assets changed
    International Transmission Company Retirement Plan plan assets $96M -> $109M (+13.6%, 2023-01-01 to 2024-01-01)
  • Dec 31, 2023Assets changed
    International Transmission Company Retirement Plan total assets $121M -> $138M (+13.8%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Funded status changed
    International Transmission Company Retirement Plan funded ratio 112.0% -> 99.4% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    International Transmission Company Retirement Plan plan assets $120M -> $96M (-20.2%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 810596181-002
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.