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
Massachusetts Teachers Association Retirement Plan
Corporate pensionQuincy, MA
Assets
$242M
Total assets, Jun 30, 2025 reported
Funded
100.3%
Jul 1, 2024
Private markets target
n/a
policy Jun 30, 2025
Commitments
28
none on the tape
Plan sponsor: Massachusetts Teachers Association
Allocation policy
Form 5500, as of Jun 30, 2025
Actual allocation lines without a target (as filed)
- Interest-bearing cash 0.7%
- Common/collective trusts 96.7%
Consultants and advisers
2 firms
- Mercer Actuarythrough Jun 30, 2023 Form 5500
- Principal Spectrum Asset Management Trusteethrough Jun 30, 2023 Form 5500
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
- State Street Global Advisors Trust2 rows, latest Jun 30, 2025
From Schedule C (investment management, code 28)
- Mercer Investments LLCplan years 2023
Commitments
28 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Jun 30, 2025 | Mercer Active Long Corporate Fixedcollective trust | Mercer Trust Company | Fixed income | $74.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Mercer US Large Cap Core Passive Eqcollective trust | Mercer Trust Company | Public equity | $52.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Mercer Non-Us Core Equity Portfoliocollective trust | Mercer Trust Company | Public equity | $23.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Mercer Emerging Markets Equity Portcollective trust | Mercer Trust Company | Public equity | $9.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Mercer Passive Long Government Fixecollective trust | Mercer Trust Company | Pooled vehicles | $37.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Mercer Opportunistic Fixed Incomecollective trust | Mercer Trust Company | Hedge / diversifiers | $10.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Mercer US Small/mid Cap Equity Portcollective trust | Mercer Trust Company | Public equity | $6.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Mercer US Core Real Estate Portfolicollective trust | Mercer Trust Company | Real estate | $9.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2025 | Real Asset Nl Series - Class acollective trust | State Street Global Advisors Trust | Real assets | $10.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Mercer Active Long Corporate Fixedcollective trust | Mercer Trust Company | Fixed income | $72.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Mercer US Large Cap Core Passive Eqcollective trust | Mercer Trust Company | Public equity | $36.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Mercer Non-Us Core Equity Portfoliocollective trust | Mercer Trust Company | Public equity | $19.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Mercer Emerging Markets Equity Portcollective trust | Mercer Trust Company | Public equity | $8.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Mercer Global Low Volatility Equitycollective trust | Mercer Trust Company | Public equity | $6.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Mercer Passive Long Government Fixecollective trust | Mercer Trust Company | Pooled vehicles | $37.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Mercer Opportunistic Fixed Incomecollective trust | Mercer Trust Company | Hedge / diversifiers | $9.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Mercer US Small/mid Cap Equity Portcollective trust | Mercer Trust Company | Public equity | $9.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Mercer US Core Real Estate Portfolicollective trust | Mercer Trust Company | Real estate | $9.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2024 | Real Asset Nl Series - Class acollective trust | State Street Global Advisors Trust | Real assets | $9.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Mercer Active Long Corporate Fixedcollective trust | Mercer Trust Company | Fixed income | $71.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Mercer US Large Cap Core Passive Eqcollective trust | Mercer Trust Company | Public equity | $30.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Mercer Non-Us Core Equity Portfoliocollective trust | Mercer Trust Company | Public equity | $23.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Mercer Emerging Markets Equity Portcollective trust | Mercer Trust Company | Public equity | $12.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Mercer Global Low Volatility Equitycollective trust | Mercer Trust Company | Public equity | $10.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Mercer Passive Long Government Fixecollective trust | Mercer Trust Company | Pooled vehicles | $36.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Mercer Opportunistic Fixed Incomecollective trust | Mercer Trust Company | Hedge / diversifiers | $10.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Mercer US Small/mid Cap Equity Portcollective trust | Mercer Trust Company | Public equity | $8.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Jun 30, 2023 | Mercer US Core Real Estate Portfolicollective trust | Mercer Trust Company | Real estate | $1.8M held | Disclosed holding | askebsa.dol.gov |
Size and funding
33 readings
Investment management fees
$823,456 (2024-06) · $779,424 (2023-06)
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 Jun 30, 2025 | 369 | $229M | $187M | 100.3% | $242M | n/a | n/a | n/a |
| 2023 to Jun 30, 2024 | 365 | $223M | $189M | 107.0% | $229M | n/a | n/a | n/a |
| 2022 to Jun 30, 2023 | 348 | $219M | $188M | 107.3% | $223M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Mercer Investments LLC codes 51 52 $1.1M PY2024
- Mercer codes 11 $292,080 PY2024
- Isler Dare, P.C. codes 29 $106,484 PY2024
- Cbiz CPAS, P.C. codes 10 $41,405 PY2024
- Principal Financial Group codes 21 59 $37,633 PY2024
- Parker, Brown, Macauley & Sheerin codes 29 $325 PY2024
- Mercer Active Long Corporate Fi Sched. D C $74.3M PY2024
- Mercer US Large Cap Passive Equity Sched. D C $52.9M PY2024
- Mercer Non-Us Core Equity Portfolio Sched. D C $23.3M PY2024
- Mercer Emerging Markets Equity Port Sched. D C $9.0M PY2024
- Mercer US Long Duration Passive Fi Sched. D C $37.5M PY2024
- Mercer Opportunistic Fixed Income Sched. D C $10.5M PY2024
- Mercer US Small/mid Cap Growth Eqty Sched. D C $6.6M PY2024
- Mercer US Core Real Estate Sched. D C $9.6M PY2024
- Real Asset Nl Series-Class A(cmgv1) Sched. D C $10.5M PY2024
- Mercer codes 11 PY2024
- Mercer Investments LLC codes 51 52 $605,158 PY2023
- Mercer codes 11 $442,680 PY2023
- Principal Financial Group codes 21 59 $35,721 PY2023
- Isler Dare, P.C. codes 29 $33,818 PY2023
- Cbiz CPAS, P.C. codes 10 $8,195 PY2023
- Parker, Brown, Macauley & Sheerin codes 29 $625 PY2023
- Mercer Active Long Corporate Fi Sched. D C $72.9M PY2023
- Mercer US Large Cap Passive Equity Sched. D C $36.7M PY2023
- Mercer Non-Us Core Equity Portfolio Sched. D C $19.9M PY2023
- Mercer Emerging Markets Equity Port Sched. D C $8.4M PY2023
- Mercer Global Low Volatility Equity Sched. D C $6.6M PY2023
- Mercer Opportunistic Fixed Income Sched. D C $9.7M PY2023
- Mercer US Small/mid Cap Growth Eqty Sched. D C $9.2M PY2023
- Mercer US Core Real Estate Sched. D C $9.4M PY2023
- Real Asset Nl Series-Class A(cmgv1) Sched. D C $9.7M PY2023
- Mercer US Long Duration Passive Fi Sched. D C $37.4M PY2023
- Mercer codes 11 PY2023
- Mercer Investment Management codes 51 52 $993,773 PY2022
- Mercer codes 11 $406,720 PY2022
- Principal Financial Group codes 21 59 $34,733 PY2022
- Mayer Hoffman Mccann, P.C. codes 10 $28,120 PY2022
- Parker, Brown, Macauley & Sheerin codes 29 $23,873 PY2022
- Mercer Active Long Corporate Fi Sched. D C $71.1M PY2022
- Mercer US Large Cap Passive Equity Sched. D C $30.1M PY2022
- Mercer Non-Us Core Equity Portfolio Sched. D C $23.2M PY2022
- Mercer Emerging Markets Equity Port Sched. D C $12.5M PY2022
- Mercer US Long Duration Passive Fi Sched. D C $36.4M PY2022
- Mercer Opportunistic Fixed Income Sched. D C $10.5M PY2022
- Mercer US Small/mid Cap Growth Eqty Sched. D C $8.6M PY2022
- Mercer US Core Real Estate Portfoli Sched. D C $1.8M PY2022
- Mercer Global Low Volatility Equity Sched. D C $10.6M PY2022
- Mercer codes 11 PY2022
What changed
3 events
- Jun 30, 2025Holding endedinferenceMassachusetts Teachers Association Retirement Plan no longer reports Mercer Global Low Volatility Equity (last held $7M at 2024-06-30; absent from the 2025-06-30 filing)with Mercer Global Low Volatility Equityaskebsa.dol.gov
- Jul 1, 2024Funded status changedMassachusetts Teachers Association Retirement Plan funded ratio 107.0% -> 100.3% (2023-07-01 to 2024-07-01)
- Jun 30, 2024Holding startedMassachusetts Teachers Association Retirement Plan first reports an interest in Real Asset Nl Series - Class a (State Street Global Advisors Trust): $10M at 2024-06-30with State Street Global Advisors Trustaskebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 041591200-001
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.