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

Morgan Stanley Employees Retirement Plan

Corporate pensionNEW York, NY
Assets
$2.0B
Total assets, Dec 31, 2024 reported
Funded
81.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
3
none on the tape
Plan sponsor: Morgan Stanley Smith Barney
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • U.S. Government securities 91.0%
  • Common/collective trusts 1.3%
Consultants and advisers
4 firms
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
From Schedule C (investment management, code 28)
Commitments
3 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$26.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$64.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$44.2M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$2.0B Dec 31, 2024 reported Form 5500
$2.1B (2023-12) · $2.2B (2022-12)
Plan assets
$2.1B Jan 1, 2024 reported Form 5500
$2.2B (2023-01) · $3.1B (2022-01)
Net assets
$2.0B Dec 31, 2024 reported Form 5500
$2.1B (2023-12) · $2.2B (2022-12)
Funded ratio
81.4% Jan 1, 2024 reported Form 5500
86.1% (2023-01) · 90.1% (2022-01)
Funding target
$2.1B Jan 1, 2024 reported Form 5500
$2.2B (2023-01) · $3.0B (2022-01)
Discount rate
5.15% Jan 1, 2024 reported Form 5500
5.05% (2023-01) · 2.93% (2022-01)
Participants
24,055 Jan 1, 2024 reported Form 5500
24,522 (2023-01) · 25,230 (2022-01)
Contributions
$142M Dec 31, 2024 reported Form 5500
$0 (2023-12) · $45.0M (2022-12)
Benefits paid
$111M Dec 31, 2024 reported Form 5500
$130M (2023-12) · $157M (2022-12)
Net investment income
$-69.7M Dec 31, 2024 reported Form 5500
$-61.3M (2023-12) · $-932M (2022-12)
Investment management fees
$1.9M Dec 31, 2024 reported Form 5500
$1.3M (2023-12) · $1.1M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202424,055$2.1B$2.1B81.4%$2.0Bn/an/an/a
2023 to Dec 31, 202324,522$2.2B$2.2B86.1%$2.1Bn/an/an/a
2022 to Dec 31, 202225,230$3.1B$3.0B90.1%$2.2Bn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
4 events
  • Jan 1, 2024Funded status changed
    Morgan Stanley Employees Retirement Plan funded ratio 86.1% -> 81.4% (2023-01-01 to 2024-01-01)
  • Dec 31, 2023Consultant changedinference
    AON Consulting Group no longer appears on Morgan Stanley Employees Retirement Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with AON Consulting, Inc.askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Morgan Stanley Employees Retirement Plan funded ratio 90.1% -> 86.1% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Morgan Stanley Employees Retirement Plan plan assets $3.1B -> $2.2B (-30.2%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 208764829-001
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.