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

Retirement Income Plan for Employees of Ugi Utilities, Inc.

Corporate pensionDenver, PA
Assets
$517M
Total assets, Dec 31, 2024 reported
Funded
103.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
25
none on the tape
Plan sponsor: UGI Utilities, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.3%
  • Employer securities 4.4%
  • Common/collective trusts 93.5%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
25 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024EB Temporary Investmentcollective trustBNY MellonPooled vehicles$3.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mercer Non-Us Core Equity Portfoliocollective trustMercer Trust Company LLCPublic equity$58.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mercer Emerging Markets Equity Portcollective trustMercer Trust Company LLCPublic equity$26.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mercer Global Low Volatility Equitycollective trustMercer Trust CompanyPublic equity$10.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mercer Active Long Corporate Fixedcollective trustMercer Trust Company LLCFixed income$135M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ssga S&p 500 (r) Indx Nl Sf Cl acollective trustState Street - Russell 2000Pooled vehicles$136M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mercer US Small/mid Cap Equity Portcollective trustState Street Global Advisors Trust CompanyPublic equity$24.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 202420+ Year U.S. Treasury Strips Indexcollective trustState Street Gbl EquityFixed income$47.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mercer Passive Long Government Fixecollective trustState Street Global Advisors Trust CompanyPooled vehicles$41.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023EB Temporary Investmentcollective trustBNY MellonPooled vehicles$3.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Mercer Non-Us Core Equity Portfoliocollective trustMercer Trust Company LLCPublic equity$67.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Mercer Emerging Markets Equity Portcollective trustMercer Trust Company LLCPublic equity$57.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Mercer Global Low Volatility Equitycollective trustMercer Trust CompanyPublic equity$58.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Mercer Active Long Corporate Fixedcollective trustMercer Trust Company LLCFixed income$90.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ssga S&p 500 (r) Indx Nl Sf Cl acollective trustState Street - Russell 2000Pooled vehicles$66.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell Small/mid Cap Indx Nl Sfcollective trustState Street - Russell 2000Pooled vehicles$45.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 202320+ Year U.S. Treasury Strips Indexcollective trustState Street Gbl EquityFixed income$88.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022EB Temporary Investmentcollective trustBNY MellonPooled vehicles$6.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Mercer Non-Us Core Equity Portfoliocollective trustMercer Trust Company LLCPublic equity$63.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Mercer Emerging Markets Equity Portcollective trustMercer Trust Company LLCPublic equity$53.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Mercer Global Low Volatility Equitycollective trustMercer Trust CompanyPublic equity$56.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Mercer Active Long Corporate Fixedcollective trustMercer Trust Company LLCFixed income$83.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ssga S&p 500 (r) Indx Nl Sf Cl acollective trustState Street - Russell 2000Pooled vehicles$61.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell Small/mid Cap Indx Nl Sfcollective trustState Street - Russell 2000Pooled vehicles$39.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 202220+ Year U.S. Treasury Strips Indexcollective trustState Street Gbl EquityFixed income$76.0M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$517M Dec 31, 2024 reported Form 5500
$514M (2023-12) · $484M (2022-12)
Plan assets
$514M Jan 1, 2024 reported Form 5500
$483M (2023-01) · $656M (2022-01)
Net assets
$516M Dec 31, 2024 reported Form 5500
$514M (2023-12) · $483M (2022-12)
Funded ratio
103.1% Jan 1, 2024 reported Form 5500
98.9% (2023-01) · 119.4% (2022-01)
Funding target
$544M Jan 1, 2024 reported Form 5500
$538M (2023-01) · $523M (2022-01)
Discount rate
5.12% Jan 1, 2024 reported Form 5500
5.24% (2023-01) · 5.41% (2022-01)
Participants
3,269 Jan 1, 2024 reported Form 5500
3,339 (2023-01) · 3,421 (2022-01)
Contributions
$11.6M Dec 31, 2024 reported Form 5500
$15.5M (2023-12) · $14.3M (2022-12)
Benefits paid
$34.5M Dec 31, 2024 reported Form 5500
$32.8M (2023-12) · $31.7M (2022-12)
Net investment income
$2.5M Dec 31, 2024 reported Form 5500
$30.6M (2023-12) · $-173M (2022-12)
Investment management fees
$381,047 Dec 31, 2024 reported Form 5500
$132,046 (2023-12) · $437,207 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20243,269$514M$544M103.1%$517Mn/an/an/a
2023 to Dec 31, 20233,339$483M$538M98.9%$514Mn/an/an/a
2022 to Dec 31, 20223,421$656M$523M119.4%$484Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Willis Towers Watson US LLC codes 11 16 50 $563,093 PY2024
  • Mercer (U.S.) Inc. codes 28 50 51 52 $381,047 PY2024
  • The Bank of New York Mellon codes 21 28 50 62 $61,472 PY2024
  • Wipfli LLP codes 10 50 $26,385 PY2024
  • Mercer Global Low Volatility Equity Sched. D C $10.2M PY2024
  • Mercer Active Long Corporate Fixed Sched. D C $135M PY2024
  • EB Temporary Investment Fund Sched. D C $3.3M PY2024
  • Mercer Non-Us Core Equity Index Fun Sched. D C $58.8M PY2024
  • Mercer Emerging Markets Equity Fund Sched. D C $26.0M PY2024
  • S&p 500 (r) Index Nl Sf Cl a (cmm3) Sched. D C $136M PY2024
  • Mercer US Small/midcap Equity Sched. D C $24.1M PY2024
  • 20+ Year US Treasury Strips Nl Sched. D C $47.5M PY2024
  • Mercer Long Duration Pass Fixed Inc Sched. D C $41.7M PY2024
  • Willis Towers Watson US LLC codes 11 PY2024
  • Willis Towers Watson US LLC codes 11 16 50 $696,861 PY2023
  • The Bank of New York Mellon codes 21 28 50 62 $133,749 PY2023
  • Mercer (U.S.) Inc. codes 28 50 51 52 $132,046 PY2023
  • Crowe LLP codes 10 50 $23,153 PY2023
  • Baker Tilly Virchow Krause, LLP codes 10 50 $-6,005 PY2023
  • Russell Small/midcap Index Sched. D C $45.5M PY2023
  • EB Temporary Investment Fund Sched. D C $3.2M PY2023
  • Mercer Non-Us Core Equity Index Fun Sched. D C $67.4M PY2023
  • Mercer Emerging Markets Equity Fund Sched. D C $57.6M PY2023
  • Mercer Global Low Volatility Equity Sched. D C $58.8M PY2023
  • Mercer Active Long Corporate Fixed Sched. D C $90.7M PY2023
  • S&p 500 (r) Index Nl Sf Cl a (cmm3) Sched. D C $66.6M PY2023
  • 20+ Year US Treasury Strips Nl Sched. D C $88.3M PY2023
  • Willis Towers Watson US LLC codes 11 PY2023
  • Towers Watson Delaware, Inc. codes 11 16 50 $437,645 PY2022
  • Mercer (US), Inc. codes 28 50 51 52 $437,207 PY2022
  • The Bank of New York Mellon codes 21 28 50 62 $121,035 PY2022
  • Baker Tilly US, LLP codes 10 50 $20,320 PY2022
  • Berwyn Group codes 15 17 50 99 $8,272 PY2022
  • S&p 500 (r) Index Nl Sf Cl a (cmm3) Sched. D C $61.2M PY2022
  • Russell Small/midcap Index Sched. D C $39.8M PY2022
  • EB Temporary Investment Fund Sched. D C $6.7M PY2022
  • 20+ Year US Treasury Strips Nl Sched. D C $76.0M PY2022
  • Mercer Non-Us Core Equity Index Fun Sched. D C $63.7M PY2022
  • Mercer Emerging Markets Equity Fund Sched. D C $53.8M PY2022
  • Mercer Global Low Volatility Equity Sched. D C $56.1M PY2022
  • Mercer Active Long Corporate Fixed Sched. D C $83.1M PY2022
  • Willis Towers Watson US LLC codes 11 PY2022
What changed
7 events
  • Dec 31, 2024Holding started
    Retirement Income Plan for Employees of Ugi Utilities, Inc. first reports an interest in Mercer US Small/mid Cap Equity Port: $24M at 2024-12-31
    with Mercer US Small/mid Cap Equity Portaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Retirement Income Plan for Employees of Ugi Utilities, Inc. no longer reports Russell Small/mid Cap Indx Nl Sf (State Street - Russell 2000) (last held $46M at 2023-12-31; absent from the 2024-12-31 filing)
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2024Holding started
    Retirement Income Plan for Employees of Ugi Utilities, Inc. first reports an interest in Mercer Passive Long Government Fixe: $42M at 2024-12-31
    with Mercer Passive Long Government Fixeaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Retirement Income Plan for Employees of Ugi Utilities, Inc. funded ratio 98.9% -> 103.1% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Berwyn Group no longer appears on Retirement Income Plan for Employees of Ugi Utilities, Inc.'s Schedule C as pension consultant (plan year 2023 vs 2022)
    with The Berwyn Groupaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Retirement Income Plan for Employees of Ugi Utilities, Inc. funded ratio 119.4% -> 98.9% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Retirement Income Plan for Employees of Ugi Utilities, Inc. plan assets $656M -> $483M (-26.3%, 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 231174060-001
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.