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
Allete and Affiliated Companies Retirement Plan B
Corporate pensionDuluth, MN
Assets
$188M
Total assets, Dec 31, 2024 reported
Funded
82.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: Allete, Inc. & Affiliated Companies
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Non-interest-bearing cash 0.0%
- Master trust investment accounts 97.8%
Consultants and advisers
2 firms
- Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
- US Bank Trusteethrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on Schedule C
From Schedule C (investment management, code 28)
- Pacific Investmt Management Co LLCplan years 2023
- Lockton Retirement Servicesplan years 2022
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
33 readings
Investment management fees
$74,758 (2023-12) · $14,540 (2022-12)
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 530 | $176M | $223M | 82.1% | $188M | n/a | $184M | n/a |
| 2023 to Dec 31, 2023 | 534 | $154M | $212M | 80.0% | $176M | n/a | $170M | n/a |
| 2022 to Dec 31, 2022 | 532 | $182M | $188M | 93.3% | $154M | n/a | $142M | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Pimco codes 28 50 $250,450 PY2024
- Allete Inc. codes 13 50 $58,409 PY2024
- US Bank codes 21 50 $46,079 PY2024
- Willis Towers Watson US LLC codes 11 16 50 $43,427 PY2024
- Lockton Retirement Services codes 28 50 $25,982 PY2024
- Reilly, Penner & Benton LLP codes 10 50 $10,825 PY2024
- Tellus Health codes 15 50 $9,807 PY2024
- Allete & Affl. Co Master Pens Trust Sched. D M $184M PY2024
- Willis Towers Watson US LLC codes 11 PY2024
- Allete Inc. codes 13 50 $57,056 PY2023
- Pimco codes 28 50 $50,218 PY2023
- Willis Towers Watson US LLC codes 11 16 50 $33,065 PY2023
- US Bank codes 21 50 $31,382 PY2023
- Lockton Retirement Services codes 28 50 $24,540 PY2023
- Reilly, Penner & Benton LLP codes 10 50 $10,275 PY2023
- Tellus Health codes 15 50 $9,485 PY2023
- Allete & Affl. Co Master Pens Trust Sched. D M $170M PY2023
- Willis Towers Watson US LLC codes 11 PY2023
- Allete Inc. codes 13 50 $52,113 PY2022
- Willis Towers Watson US LLC codes 11 16 50 $51,671 PY2022
- US Bank codes 21 50 $25,440 PY2022
- Lockton Retirement Services codes 28 50 $14,540 PY2022
- Lifeworks codes 50 $10,481 PY2022
- Reilly, Penner & Benton LLP codes 10 50 $8,975 PY2022
- Allete & Affl. Co Master Pens Trust Sched. D M $142M PY2022
- Willis Towers Watson US LLC codes 11 PY2022
What changed
6 events
- Jan 1, 2024Funded status changedAllete and Affiliated Companies Retirement Plan B funded ratio 80.0% -> 82.1% (2023-01-01 to 2024-01-01)
- Jan 1, 2024Assets changedAllete and Affiliated Companies Retirement Plan B plan assets $154M -> $176M (+14.3%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Manager relationship startedPimco appears on Allete and Affiliated Companies Retirement Plan B's Schedule C as investment manager (plan year 2023 vs 2022)with Pacific Investmt Management Co LLCaskebsa.dol.gov
- Dec 31, 2023Assets changedAllete and Affiliated Companies Retirement Plan B total assets $154M -> $176M (+14.0%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedAllete and Affiliated Companies Retirement Plan B funded ratio 93.3% -> 80.0% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedAllete and Affiliated Companies Retirement Plan B plan assets $182M -> $154M (-15.3%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 410418150-003
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.