Magna U.S. Consolidated Pension Plan
Corporate pension, reporting $151M in assets, for 4,097 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, The Northern Trust Company no longer appears on Magna U.S. Consolidated Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023).
3 more managers and 27 more commitments
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- Msci Emerging Markets Index Fund3 commitments
- S&p 500 Flagship Nl Fund3 commitments
- State Street Msci Eafe 100 Hedged3 commitments
- State Street Global Advisors Trust Company9 commitments
- State Street Global Advisors Trust6 commitments
- Goldman Sachs Trust Company6 commitments
Relationship network
46 connected entities30 observed commitments15 repeat counterparties21 dated commitments shown here, 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 6.8%
- U.S. Government securities 2.1%
- Other investments 0.3%
- Common/collective trusts 79.9%
- Pooled separate accounts 6.9%
- Registered investment companies 4.1%
Consultants and advisers
- Northern Trust Co. TrusteeCustodianthrough Dec 31, 2024 Form 5500
- Principal Financial Group Actuarythrough Dec 31, 2022 Form 5500
People
Manager roster
- State Street Global Advisors Trust Company9 rows, latest Dec 31, 2024
- State Street Global Advisors Trust6 rows, latest Dec 31, 2024
- Goldman Sachs Trust Company6 rows, latest Dec 31, 2024
+3 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
- State Street Global Advisors Trustplan years
- State Street Global Advisors Trust Companyplan years
What changed
- Dec 31, 2024Manager relationship endedinferenceThe Northern Trust Company no longer appears on Magna U.S. Consolidated Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Northern Trust Co.askebsa.dol.gov
- Jan 1, 2024Funded status changedMagna U.S. Consolidated Pension Plan funded ratio 80.4% -> 83.9% (2023-01-01 to 2024-01-01)
- Jan 1, 2023Funded status changedMagna U.S. Consolidated Pension Plan funded ratio 100.4% -> 80.4% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedMagna U.S. Consolidated Pension Plan plan assets $227M -> $158M (-30.4%, 2022-01-01 to 2023-01-01)
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Msci Emerging Markets Index Fundcollective trust | State Street Global Advisors Trust Company | Public equity | $1.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | S&p 500 Flagship Nl Fundcollective trust | State Street Global Advisors Trust Company | Pooled vehicles | $12.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | State Street Msci Eafe 100 Hedgedcollective trust | State Street Global Advisors Trust | Hedge / diversifiers | $7.0M held | Disclosed holding | askebsa.dol.gov |
+27 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 | 4,097 | $162M | $160M | 83.9% | $151M | Not disclosed | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 4,054 | $158M | $162M | 80.4% | $162M | Not disclosed | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 4,093 | $227M | $165M | 100.4% | $158M | Not disclosed | Not disclosed | Not disclosed |
- Principal Life Insurance Company codes 26 50 $530,866 PY2024
- Goldman Sachs Asset Management codes 26 50 $354,478 PY2024
- The Northern Trust Company codes 21 52 $98,453 PY2024
+46 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Record history
- Manager relationship ended2024-12-31source on record
- Funded status changed2024-01-01source on record
- Funded status changed2023-01-01source on record
+1 more change 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
+6 connections on the graph
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