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

Dresser, LLC Consolidated Salaried Retirement Plan

Corporate pensionHouston, TX
Assets
$125M
Total assets, Dec 31, 2024 reported
Funded
108.8%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: Dresser, LLC
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 100.0%
Consultants and advisers
4 firms
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)
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
31 readings
Total assets
$125M Dec 31, 2024 reported Form 5500
$138M (2023-12) · $125M (2022-12)
Plan assets
$136M Jan 1, 2024 reported Form 5500
$124M (2023-01) · $182M (2022-01)
Net assets
$125M Dec 31, 2024 reported Form 5500
$138M (2023-12) · $125M (2022-12)
Funded ratio
108.8% Jan 1, 2024 reported Form 5500
94.7% (2023-01) · 121.3% (2022-01)
Funding target
$137M Jan 1, 2024 reported Form 5500
$144M (2023-01) · $146M (2022-01)
Discount rate
5.02% Jan 1, 2024 reported Form 5500
5.14% (2023-01) · 5.31% (2022-01)
Participants
3,703 Jan 1, 2024 reported Form 5500
3,806 (2023-01) · 3,921 (2022-01)
Contributions
$1.0M Dec 31, 2024 reported Form 5500
$19.2M (2023-12)
Benefits paid
$12.5M Dec 31, 2024 reported Form 5500
$12.7M (2023-12) · $18.3M (2022-12)
Net investment income
$-13.5M Dec 31, 2024 reported Form 5500
$12.8M (2023-12) · $-56.8M (2022-12)
Investment management fees
$137,370 Dec 31, 2023 reported Form 5500
$126,884 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20243,703$136M$137M108.8%$125Mn/a$125Mn/a
2023 to Dec 31, 20233,806$124M$144M94.7%$138Mn/a$119Mn/a
2022 to Dec 31, 20223,921$182M$146M121.3%$125Mn/a$125Mn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
8 events
  • Dec 31, 2024Consultant changedinference
    Herronpalmer, LLC appears on Dresser, LLC Consolidated Salaried Retirement Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Herronpalmer, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Blackrock Financial Management no longer appears on Dresser, LLC Consolidated Salaried Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Blackrock Financial Management, Incaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Northern Trust Company no longer appears on Dresser, LLC Consolidated Salaried Retirement Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Northern Trust Co.askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Dresser, LLC Consolidated Salaried Retirement Plan funded ratio 94.7% -> 108.8% (2023-01-01 to 2024-01-01)
  • Dec 31, 2023Manager relationship endedinference
    State Street Bank & Trust Co. no longer appears on Dresser, LLC Consolidated Salaried Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with State Street Bank & Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Dresser, LLC Consolidated Salaried Retirement Plan total assets $125M -> $138M (+10.2%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Funded status changed
    Dresser, LLC Consolidated Salaried Retirement Plan funded ratio 121.3% -> 94.7% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Dresser, LLC Consolidated Salaried Retirement Plan plan assets $182M -> $124M (-32.0%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 752795365-164
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.