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

General Dynamics Retirement Plan (government)

Corporate pensionReston, VA
Assets
$2.7B
Total assets, Dec 31, 2024 reported
Funded
89.6%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
15
1 managers on Schedule C
Plan sponsor: General Dynamics Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.0%
  • Common/collective trusts 80.7%
  • Master trust investment accounts 3.6%
  • Registered investment companies 11.7%
Consultants and advisers
8 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
From Schedule C (investment management, code 28)
Commitments
15 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024NT Collective Govt Short Term Invtcollective trustNorthern Trust Collective Eafe IndeCash$20.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ntgi Russell 1000 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$721M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NTC World Ex US Inv Mkt Ind Fd-Lendcollective trustNorthern Trust Collective Eafe IndePooled vehicles$416M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Amer Cent Corp High Yield Bd Tr Kcollective trustGlobal Trust CompanyFixed income$73.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Developed Real Estate Idx N-L Fd Fcollective trustBlackrock Institutional Trust Company, N.A.Real estate$144M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024High Yield Bond Fundcollective trustBlackrock Institutional Trust Company, N.A.Fixed income$49.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Intermediate Govt Bond Index Fundcollective trustBlackrock Institutional Trust Co,naFixed income$68.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury U.S. 5 Year Key Rate Duratcollective trustBlackrock Institutional Trust Company, N.A.Fixed income$92.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury US 10 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$92.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury US 15 Yr Key Rate Durationcollective trustBlackrock Institutional TrustFixed income$69.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Treasury U.S. 20 Year Key Rate Duracollective trustBlackrockFixed income$52.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024TSY U.S. 25+ Yr Key Rate Dur Nl Fdcollective trustBlackrockPooled vehicles$63.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024US Long Credit Bond Fundcollective trustBlackrock Institutional Trust Company, N.A.Private credit$86.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Pimco Long-Term Credit Bd Cit Cl Gdcollective trustGreat Gray Trust Company, LLCPrivate credit$208M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Blackrock Long Term Govt Nl Indexcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$9.7M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$2.7B Dec 31, 2024 reported Form 5500
$3.1B (2023-12) · $2.9B (2022-12)
Plan assets
$3.0B Jan 1, 2024 reported Form 5500
$2.9B (2023-01) · $3.8B (2022-01)
Net assets
$2.7B Dec 31, 2024 reported Form 5500
$3.1B (2023-12) · $2.9B (2022-12)
Funded ratio
89.6% Jan 1, 2024 reported Form 5500
86.2% (2023-01) · 96.9% (2022-01)
Funding target
$3.5B Jan 1, 2024 reported Form 5500
$3.5B (2023-01) · $3.5B (2022-01)
Discount rate
5.07% Jan 1, 2024 reported Form 5500
5.20% (2023-01) · 5.36% (2022-01)
Participants
35,602 Jan 1, 2024 reported Form 5500
36,346 (2023-01) · 36,857 (2022-01)
Contributions
$83.2M Dec 31, 2024 reported Form 5500
$50.3M (2023-12) · $469,450 (2022-12)
Benefits paid
$569M Dec 31, 2024 reported Form 5500
$287M (2023-12) · $263M (2022-12)
Net investment income
$-427M Dec 31, 2024 reported Form 5500
$121M (2023-12) · $-1.0B (2022-12)
Investment management fees
$2.6M Dec 31, 2024 reported Form 5500
$1.5M (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, 202435,602$3.0B$3.5B89.6%$2.7Bn/a$96.2Mn/a
2023 to Dec 31, 202336,346$2.9B$3.5B86.2%$3.1Bn/a$3.0Bn/a
2022 to Dec 31, 202236,857$3.8B$3.5B96.9%$2.9Bn/a$2.9Bn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • AON Consulting, Inc. codes 11 16 50 $3.2M PY2024
  • Blackrock Financial Management, Inc codes 28 50 51 $1.7M PY2024
  • Fidelity Inv. Inst. Ops. Co. codes 13 15 38 50 64 $1.1M PY2024
  • Pacific Investment Mgmt Co LLC codes 28 50 51 $825,155 PY2024
  • The Northern Trust Company codes 21 25 50 62 65 99 $307,725 PY2024
  • Jenner & Block LLP codes 29 50 $166,590 PY2024
  • Kpmg LLP codes 10 50 $128,100 PY2024
  • Blackrock Institutional Trust Co codes 28 50 51 $29,559 PY2024
  • Alight Solutions, LLC codes 13 50 $27,026 PY2024
  • General Dynamics Inf Technology Inc codes 49 50 99 $17,542 PY2024
  • Crowe LLP codes 10 16 50 $11,588 PY2024
  • Anthem Health Plans of Virginia Inc codes 12 13 15 49 50 62 $10,922 PY2024
  • GDC Grp Rettrust-Liability Aware Pl Sched. D M $2,879 PY2024
  • GDC Grp Ret Trust-Diversifying Pool Sched. D M $93.7M PY2024
  • GDC Grp Ret Trust- Nomura Pool Sched. D M $5,422 PY2024
  • GDC Group Ret Trust- Csra Pool Sched. D M $2.5M PY2024
  • NT Coll Government Stif Sched. D C $20.0M PY2024
  • NTC Russell 1000 Ind Fd - Lending Sched. D C $721M PY2024
  • NTC World Ex US Inv Mkt Ind Fd-Lend Sched. D C $416M PY2024
  • Amer Cent High Yield Corp Bd Tr K Sched. D C $73.3M PY2024
  • Developed Real Estate Idx N-L Fd F Sched. D C $144M PY2024
  • High Yield Bond Fund Sched. D C $49.0M PY2024
  • Intermediate Gov Bd Index Fd Sched. D C $68.4M PY2024
  • Treas US 5 Year Key Rate Dur N-L Fd Sched. D C $92.6M PY2024
  • Treas US 10 Year Key Rate Dur N-L a Sched. D C $92.6M PY2024
  • Tres US 15 Year Key Rate Dur N-L Fd Sched. D C $69.5M PY2024
  • Tres US 20 Year Key Rate Dur N-L Fd Sched. D C $52.1M PY2024
  • Tres US 25+ Year Key Rate Dur N-L F Sched. D C $63.6M PY2024
  • US Long Credit Bond Fund Sched. D C $86.8M PY2024
  • NTC Emer Mkt Ex China Inv Mkt Id Nl Sched. D C PY2024
  • Pimco Long-Term Credit Bd Cit Cl Gd Sched. D C $208M PY2024
  • Long Term Gov Bond Index N-L Fund Sched. D C $9.7M PY2024
  • AON Consulting, Inc. codes 11 PY2024
  • AON Consulting, Inc. codes 11 16 50 $2.5M PY2023
  • Blackrock Financial Management, Inc codes 28 50 51 $1.8M PY2023
  • Fidelity Inv. Inst. Ops. Co. codes 13 15 38 50 64 $1.4M PY2023
  • The Northern Trust Company codes 21 25 50 62 65 99 $736,829 PY2023
  • Kpmg LLP codes 10 50 $122,000 PY2023
  • Jenner & Block LLP codes 29 50 $109,035 PY2023
  • AON Hra Administration codes 13 50 $27,990 PY2023
  • Anthem Health Plans of Virginia, in codes 12 13 15 49 50 62 $16,402 PY2023
  • Crowe LLP codes 10 16 50 $10,570 PY2023
  • GDC Grp Rettrust-Liability Aware Pl Sched. D M $437,207 PY2023
  • GDC Group Ret Trust-Equity Pool Sched. D M PY2023
  • GDC Grp Ret Trust-Diversifying Pool Sched. D M $139M PY2023
  • GDC Group Ret Trust-Nomura Pool Sched. D M $2,653 PY2023
  • GDC Group Ret Trust-Csra Pool Sched. D M $4.7M PY2023
  • GDC Grp Ret Trust-Government Pool Sched. D M $2.8B PY2023
  • GDC Grp Ret Trust-Gdit 401h Pool Sched. D M $2.8M PY2023
  • GDC Group Ret Trust-Csra 401h Pool Sched. D M $85.8M PY2023
  • AON Consulting, Inc. codes 11 PY2023
  • AON Consulting, Inc. codes 11 16 50 $1.9M PY2022
  • Blackrock Financial Management, Inc codes 28 50 51 $1.6M PY2022
  • Fidelity Inv. Inst. Ops. Co. codes 13 15 38 50 64 $1.1M PY2022
  • The Northern Trust Company codes 21 25 50 62 65 99 $701,529 PY2022
  • Pacific Investment Mgmt Co LLC codes 28 50 51 $582,314 PY2022
  • Dodge & Cox codes 28 50 51 52 68 $434,091 PY2022
  • Nomura Corp Rsrch and Asset Mgmt in codes 27 28 50 51 $242,501 PY2022
  • Dimensional Fund Advisors LP codes 28 50 51 52 $230,575 PY2022
  • Kpmg LLP codes 10 50 $122,000 PY2022
  • Alight Solutions codes 13 16 50 70 $45,499 PY2022
  • Crowe LLP codes 10 16 50 $30,732 PY2022
  • Mcconnell & Jones LLP codes 10 50 $24,680 PY2022
  • Cigna Health and Life Ins Co codes 12 13 15 38 49 50 56 62 64 $21,392 PY2022
  • Jenner & Block LLP codes 29 50 $18,620 PY2022
  • K&l Gates LLP codes 29 50 $16,596 PY2022
  • The Bank of New York Mellon codes 18 19 21 25 50 $10,152 PY2022
  • Anthem Health Plans of Virginia, in codes 12 13 15 49 50 62 $9,425 PY2022
  • Ey codes 16 50 $7,750 PY2022
  • GDC Group Ret Trust-Equity Pool Sched. D M $163,503 PY2022
  • GDC Grp Ret Trust-Diversifying Pool Sched. D M $214M PY2022
  • GDC Group Ret Trust-Nomura Pool Sched. D M $827,164 PY2022
  • GDC Group Ret Trust-Csra Pool Sched. D M $8.1M PY2022
  • GDC Grp Ret Trust-Government Pool Sched. D M $2.6B PY2022
  • GDC Grp Ret Trust-Csra 401(h) Pool Sched. D M $73.3M PY2022
  • GDC Grp Ret Trust-Gdit 401(h) Pool Sched. D M $2.3M PY2022
  • GDC Grp Rettrust-Liability Aware Pl Sched. D M $2.9M PY2022
  • AON Consulting, Inc. codes 11 PY2022
What changed
11 events
  • Dec 31, 2024Manager relationship started
    Pacific Investment Mgmt Co LLC appears on General Dynamics Retirement Plan (government)'s Schedule C as investment manager (plan year 2024 vs 2023)
    with Pacific Investmt Management Co LLCaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    General Dynamics Retirement Plan (government) total assets $3.1B -> $2.7B (-12.9%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    General Dynamics Retirement Plan (government) funded ratio 86.2% -> 89.6% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Pacific Investment Mgmt Co LLC no longer appears on General Dynamics Retirement Plan (government)'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Pacific Investmt Management Co LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Nomura Corp Rsrch and Asset Mgmt in no longer appears on General Dynamics Retirement Plan (government)'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Nomura Corporate Research and Assetaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Dodge & Cox no longer appears on General Dynamics Retirement Plan (government)'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Dodge & Coxaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Dimensional Fund Advisors LP no longer appears on General Dynamics Retirement Plan (government)'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Dimensional Fund Advisors, LPaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Alight Solutions no longer appears on General Dynamics Retirement Plan (government)'s Schedule C as general consultant (plan year 2023 vs 2022)
    with Hewitt Associatesaskebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Ey no longer appears on General Dynamics Retirement Plan (government)'s Schedule C as general consultant (plan year 2023 vs 2022)
    with Ernst & Young LLPaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    General Dynamics Retirement Plan (government) funded ratio 96.9% -> 86.2% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    General Dynamics Retirement Plan (government) plan assets $3.8B -> $2.9B (-25.8%, 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 131673581-001
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.