Pension Plan for Employees of Broadcast Music Inc
Corporate pension, based in Nashville, Tennessee, reporting $203M in assets, for 899 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Pension Plan for Employees of Broadcast Music Inc no longer reports Ssga Long US Gov Credit Bond Index (State Street - Russell 2000) (last held $100M at 2023-12-31; absent from the 2024-12-31 filing).
4 more commitments and 1 more dated event
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- IVY Investments Collective Investme3 commitments
- Ssga Long US Gov Credit Bond Index2 commitments
- US Credit Cit1 commitment
- Macquarie Group3 commitments
- Legal and General2 commitments
- State Street Global Advisors Trust Company2 commitments
Relationship network
18 connected entities7 observed commitments5 repeat counterpartiescommitments 2022 to 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Interest-bearing cash 0.5%
- U.S. Government securities 17.9%
- Partnership/joint venture interests 22.7%
- Common/collective trusts 42.1%
- Registered investment companies 16.5%
Consultants and advisers
- Principal Trust Co. Custodianthrough Dec 31, 2022 Form 5500
- USI Consulting Group Actuarythrough Dec 31, 2022 Form 5500
People
Manager roster
- Macquarie Group3 rows, latest Dec 31, 2024
- Legal and General2 rows, latest Dec 31, 2024
- State Street Global Advisors Trust Company2 rows, latest Dec 31, 2023
- Macquarie Groupplan years
- Legal & General Inv Mgmt Americaplan years 2024
- State Street Global Advisorsplan years 2022
+1 more Schedule C manager
Every name, record and relationship behind this count, with the source on each.
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What changed
- Dec 31, 2024Holding endedinferencePension Plan for Employees of Broadcast Music Inc no longer reports Ssga Long US Gov Credit Bond Index (State Street - Russell 2000) (last held $100M at 2023-12-31; absent from the 2024-12-31 filing)with State Street Global Advisors Trust Companyaskebsa.dol.gov
- Dec 31, 2024Holding startedPension Plan for Employees of Broadcast Music Inc first reports an interest in US Credit Cit (Legal and General): $47M at 2024-12-31with Legal and Generalaskebsa.dol.gov
- Dec 31, 2024Holding startedPension Plan for Employees of Broadcast Music Inc first reports an interest in Legal & General Long Duration U.S. (Legal and General): $31M at 2024-12-31with Legal and Generalaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedLegal & Gen Inv Mgmt America Inc appears on Pension Plan for Employees of Broadcast Music Inc's Schedule C as investment manager (plan year 2024 vs 2023)with Legal & General Inv Mgmt Americaaskebsa.dol.gov
- Jan 1, 2023Funded status changedPension Plan for Employees of Broadcast Music Inc funded ratio 137.8% -> 119.1% (2022-01-01 to 2023-01-01)
+1 more dated event
Every name, record and relationship behind this count, with the source on each.
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Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | IVY Investments Collective Investmecollective trust | Macquarie Group | Pooled vehicles | $7.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | US Credit Citcollective trust | Legal and General | Private credit | $46.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Legal & General Long Duration U.S.collective trust | Legal and General | Fixed income | $31.3M held | Disclosed holding | askebsa.dol.gov |
+4 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 899 | $201M | $148M | 119.6% | $203M | $46.1M | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 980 | $192M | $150M | 119.1% | $201M | $48.0M | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 993 | $249M | $141M | 137.8% | $192M | $52.7M | Not disclosed | Not disclosed |
- Legal & Gen Inv Mgmt America Inc codes 28 $359,589 PY2024
- Principal Trust Company codes 15 19 21 38 50 $160,817 PY2024
- Crow Holdings Realty Partners codes 28 $42,356 PY2024
+26 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Record history
- Holding in a pooled vehicle ended2024-12-31source on record
- Holding in a pooled vehicle started2024-12-31source on record
- Holding in a pooled vehicle started2024-12-31source on record
+3 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+7 connections on the graph
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