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

Cottage Health Pension Plan

Corporate pensionSanta Barbara, CA
Assets
$890M
Total assets, Dec 31, 2024 reported
Funded
125.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
18
3 managers on Schedule C
Plan sponsor: Cottage Health
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 5.3%
  • U.S. Government securities 0.3%
  • Partnership/joint venture interests 14.5%
  • Common/collective trusts 77.9%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
8 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
18 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Long Duration Investment Gradecollective trustJpmorgan Chase Bank, N.A.Fixed income$88.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long Duration Investment Gradecollective trustJpmorgan Chase Bank, N.A.Fixed income$27.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Global Alpha International Small CA103 12 ieGlobal Alpha Capital Management Ltd.Pooled vehicles$396,301 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022S&p 500 Flagship Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$59.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022RUS Sm Cap Comp Indx Nl Fund(cmd4)collective trustState Street - Russell 2000Pooled vehicles$30.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Acadian Non-Us Cap Equity Fund103 12 ieAcadian Non US All Cop Equity FundPublic equity$7.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022US Tipscollective trustState Street Global Advisors Trust CompanyFixed income$15.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Jennison Global Opportunity Fundcollective trustPrudential Trust Co.Pooled vehicles$22.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022John Hancock Trust Company Global Ecollective trustJohn Hancock Trust Company Collective Investment TrustPooled vehicles$43.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ir&m Core Bond Fund II LLC103 12 ieIncome Research & Management IncFixed income$61.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Loomis Cafcollective trustLoomis Sayles Trust CompanyPooled vehicles$37.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022John Hancock Strategic Fixed Incomecollective trustManulife Asset Mgmt Tst Co LLCFixed income$43.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Columbus Unconstrained Bond Fundcollective trustReams Asset ManagementFixed income$44.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ftse Rafi US 1000 Index Nl Ctfcollective trustState Street Global Advisors Trust CompanyPooled vehicles$46.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Axiom Investors Collective Investmecollective trustAxiom Investors Collective Investment TrustPooled vehicles$10.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022William Blair Emerging Markets Growcollective trustWilliam Blair Investment ManagementPublic equity$27.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Arrowstreet Global Equity Acwi Citcollective trustGlobal Trust CompanyPublic equity$35.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Global Alpha International Small CA103 12 ieGlobal Alpha Capital Management Ltd.Pooled vehicles$7.6M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$890M Dec 31, 2024 reported Form 5500
$835M (2023-12) · $748M (2022-12)
Plan assets
$835M Jan 1, 2024 reported Form 5500
$748M (2023-01) · $876M (2022-01)
Net assets
$886M Dec 31, 2024 reported Form 5500
$835M (2023-12) · $748M (2022-12)
Funded ratio
125.4% Jan 1, 2024 reported Form 5500
123.8% (2023-01) · 161.5% (2022-01)
Funding target
$652M Jan 1, 2024 reported Form 5500
$591M (2023-01) · $531M (2022-01)
Discount rate
5.26% Jan 1, 2024 reported Form 5500
5.38% (2023-01) · 5.55% (2022-01)
Participants
5,209 Jan 1, 2024 reported Form 5500
4,966 (2023-01) · 4,767 (2022-01)
Contributions
$18.6M Dec 31, 2024 reported Form 5500
$18.5M (2023-12) · $18.8M (2022-12)
Benefits paid
$28.8M Dec 31, 2024 reported Form 5500
$23.3M (2023-12) · $23.3M (2022-12)
Net investment income
$51.2M Dec 31, 2024 reported Form 5500
$87.0M (2023-12) · $-128M (2022-12)
Investment management fees
$4.0M Dec 31, 2024 reported Form 5500
$1.8M (2023-12) · $2.2M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20245,209$835M$652M125.4%$890M$129Mn/an/a
2023 to Dec 31, 20234,966$748M$591M123.8%$835M$124Mn/an/a
2022 to Dec 31, 20224,767$876M$531M161.5%$748M$125Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
44 events
  • Dec 31, 2024Holding endedinference
    Cottage Health Pension Plan no longer reports Global Alpha International Small CA (last held $396,301 at 2023-12-31; absent from the 2024-12-31 filing)
    with Global Alpha International Small CAaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Glendower Capital Sof IV (feeder), no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Glendower Capital Sof IV (feeder),askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Lakestar Growth I LP no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Lakestar Growth I LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Manulife Asset Management US LLC no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Manulife Asset Management US LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Ocean Avenue Fund IV Cayman, LP appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Ocean Avenue Fund IV Cayman, LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Nepc, LLC no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Nepc, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Bond II, LP appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Bond II, LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Acadian Non US All Cop Equity Fund no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Acadian Non US All Cop Equity Fundaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Jennison Associates LLC no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Jennison Associatesaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    AEA Investors Sbf IV LP appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with AEA Investors Sbf IV LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Unicorn Partners Fund III, LP appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Unicorn Partners Fund III, LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    William Blair & Co. no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with William Blair & Companyaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Loomis Sayles no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Loomis Sayles Trust Companyaskebsa.dol.gov
  • Jan 1, 2024Assets changed
    Cottage Health Pension Plan plan assets $748M -> $835M (+11.6%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports John Hancock Trust Company Global E (last held $44M at 2022-12-31; absent from the 2023-12-31 filing)
    with John Hancock Trust Company Global Easkebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports Ftse Rafi US 1000 Index Nl Ctf (last held $47M at 2022-12-31; absent from the 2023-12-31 filing)
    with Ftse Rafi US 1000 Index Nl Ctfaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports Arrowstreet Global Equity Acwi Cit (last held $36M at 2022-12-31; absent from the 2023-12-31 filing)
    with Arrowstreet Global Equity Acwi Citaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports John Hancock Strategic Fixed Income (Manulife Asset Mgmt Tst Co LLC) (last held $43M at 2022-12-31; absent from the 2023-12-31 filing)
    with Manulife Asset Mgmt Tst Co LLCaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports S&p 500 Flagship Nl Fund (State Street - Russell 2000) (last held $60M at 2022-12-31; absent from the 2023-12-31 filing)
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports Jennison Global Opportunity Fund (Prudential Trust Co.) (last held $23M at 2022-12-31; absent from the 2023-12-31 filing)
    with Prudential Trust Co.askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports Columbus Unconstrained Bond Fund (Reams Asset Management) (last held $45M at 2022-12-31; absent from the 2023-12-31 filing)
    with Reams Asset Managementaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports Ir&m Core Bond Fund II LLC (Income Research & Management Inc) (last held $61M at 2022-12-31; absent from the 2023-12-31 filing)
    with Income Research & Management Incaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports Acadian Non-Us Cap Equity Fund (Acadian Non US All Cop Equity Fund) (last held $8M at 2022-12-31; absent from the 2023-12-31 filing)
    with Acadian Non US All Cop Equity Fundaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Cottage Health Pension Plan first reports an interest in Long Duration Investment Grade: $28M at 2023-12-31
    with Emerging Markets Research Enhancedaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports US Tips (last held $16M at 2022-12-31; absent from the 2023-12-31 filing)
    with SS US Tipsaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports Loomis Caf (Loomis Sayles Trust Company) (last held $37M at 2022-12-31; absent from the 2023-12-31 filing)
    with Loomis Sayles Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports William Blair Emerging Markets Grow (William Blair Investment Management) (last held $27M at 2022-12-31; absent from the 2023-12-31 filing)
    with William Blair Investment Managementaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports Axiom Investors Collective Investme (last held $10M at 2022-12-31; absent from the 2023-12-31 filing)
    with Axiom Investors Collective Investmeaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Cottage Health Pension Plan no longer reports RUS Sm Cap Comp Indx Nl Fund(cmd4) (State Street - Russell 2000) (last held $30M at 2022-12-31; absent from the 2023-12-31 filing)
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    JP Morgan Investment Management Inc appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with J.P. Morgan Investment Managementaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Unicorn Partners Fund III, LP no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Unicorn Partners Fund III, LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    EMK Capital Partners II - B, LP appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with EMK Capital Partners II - B, LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Rhumbline no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Rhumblineaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Dalfen Last Mile Industrial Fund IV appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Dalfen Last Mile Industrial Fund IVaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Orchid Asia V, LP no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Orchid Asia V, LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Xiang He Fund II LP no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Xiang He Fund II LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Lakestar Growth I LP appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Lakestar Growth I LPaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Lindsell Train Global Equity LLC no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Lindsell Train Global Equity LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Advent International Fpe X-C Limite appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Advent International Gpe X-C Limiteaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Glendower Capital Sof IV (feeder), appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Glendower Capital Sof IV (feeder),askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Bond II LP no longer appears on Cottage Health Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Bond II, LPaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Cottage Health Pension Plan total assets $748M -> $835M (+11.6%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Cottage Health Pension Plan funded ratio 161.5% -> 123.8% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Cottage Health Pension Plan plan assets $876M -> $748M (-14.7%, 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 770431902-001
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.