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

Essential Utilities, Inc. Pension Plan

Corporate pensionBryn Mawr, PA

Assets

$299M

Total assets, Dec 31, 2024 reported

Funded

87.7%

Jan 1, 2024

Private markets target

n/a

policy Dec 31, 2024

Commitments

2 managers on Schedule C

Plan sponsor: Essential Utilities, Inc.

Allocation policy

Form 5500, as of Dec 31, 2024

Actual allocation lines without a target (as filed)

Employer securities 4.6%
Other investments 1.7%
103-12 investment entities 5.1%
Common/collective trusts 87.3%

Consultants and advisers

4 firms

Bank of New York Mellon Custodianthrough Dec 31, 2024 Form 5500
State Street Global Advisors Custodianthrough Dec 31, 2024 Form 5500
Blackrock Institutional Trust Co,na Trusteethrough Dec 31, 2024 Form 5500
Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500

People

No investment staff or executives have been read for this allocator yet.

Manager roster

7 managers on the commitment tape

From the plan’s own commitment disclosures

Towers Watson Investment Services,12 rows, latest Dec 31, 2024
Blackrock Institutional Trust6 rows, latest Dec 31, 2024
State Street - Russell 20005 rows, latest Dec 31, 2024
Blackrock5 rows, latest Dec 31, 2024
Legal and General4 rows, latest Dec 31, 2024
Goldman Sachs Trust Company2 rows, latest Dec 31, 2023
BNY Mellon1 rows, latest Dec 31, 2024

From Schedule C (investment management, code 28)

Legal & General Inv Mgmt Americaplan years 2024
Goldman Sachs Asset Managementplan years 2024
State Street Bank & Trust Companyplan years 2022
Lgimaplan years 2022
Blackrockplan years 2022
Towers Watson Investment Svcsplan years 2022
Goldman Sachsplan years 2022

Commitments

39 rows, 0 dated closings

Disclosed holdings (from the plan’s performance or holdings report, as of the report date)

Date	Fund	Manager	Bucket	Amount	Status	Source
as of Dec 31, 2024	WTW Gt Real Asset Fundcollective trust	Towers Watson Investment Services,	Real assets	$34.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Treasury U.S. 5 Year Key Rate Duratcollective trust	Blackrock Institutional Trust Company	Fixed income	$4.1M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Lgim Msci Acwi Citcollective trust	Legal and General	Pooled vehicles	$8.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	WTW Gt Diversified Credit Fundcollective trust	Towers Watson Investment Services,	Private credit	$38.1M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	State St Lng US Govt Bd Ind Nl Fundcollective trust	State Street - Russell 2000	Pooled vehicles	$58.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Willis Towers Watson Group Trust Glcollective trust	Towers Watson Investment Services,	Pooled vehicles	$4.1M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	WTW Liquid Diversifiers Fund, Ltd103 12 ie	Towers Watson Inv. Servs, Inc.	Hedge / diversifiers	$15.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	EB Temporary Investmentcollective trust	BNY Mellon	Pooled vehicles	$6.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Treasury U.S. 20 Year Key Rate Duracollective trust	Blackrock	Fixed income	$2.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Treasury US 15 Yr Key Rate Durationcollective trust	Blackrock Institutional Trust	Fixed income	$6.1M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Treasury US 10 Yr Key Rate Durationcollective trust	Blackrock Institutional Trust	Fixed income	$7.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Ssga Intermed U.S. Govt Bond Indxcollective trust	State Street - Russell 2000	Fixed income	$62.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	TSY U.S. 25+ Yr Key Rate Dur Nl Fdcollective trust	Blackrock	Pooled vehicles	$3.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Lgim Msci Acwi Citcollective trust	Legal and General	Pooled vehicles	$9.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	WTW Gt Real Asset Fundcollective trust	Towers Watson Investment Services,	Real assets	$35.8M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	WTW Gt Diversified Equity Fundcollective trust	Towers Watson Investment Services,	Hedge / diversifiers	$8.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Treasury U.S. 5 Year Key Rate Duratcollective trust	Blackrock Institutional Trust Company	Fixed income	$4.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Treasury U.S. 20 Year Key Rate Duracollective trust	Blackrock	Fixed income	$3.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Treasury US 15 Yr Key Rate Durationcollective trust	Blackrock Institutional Trust	Fixed income	$9.1M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Treasury US 10 Yr Key Rate Durationcollective trust	Blackrock Institutional Trust	Fixed income	$10.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Ssga Intermed U.S. Govt Bond Indxcollective trust	State Street - Russell 2000	Fixed income	$71.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	WTW Gt Long Credit Fundcollective trust	Towers Watson Investment Services,	Private credit	$3.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	WTW Gt Diversified Credit Fundcollective trust	Towers Watson Investment Services,	Private credit	$5.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	GS Ct Long Treasury Strips Fundcollective trust	Goldman Sachs Trust Company	Fixed income	$11.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	State St Lng US Govt Bd Ind Nl Fundcollective trust	State Street - Russell 2000	Pooled vehicles	$51.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Willis Towers Watson Group Trust Glcollective trust	Towers Watson Investment Services,	Pooled vehicles	$5.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	WTW Gt Real Asset Fundcollective trust	Towers Watson Investment Services,	Real assets	$63.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	WTW Gt Diversified Equity Fundcollective trust	Towers Watson Investment Services,	Hedge / diversifiers	$38.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Treasury U.S. 5 Year Key Rate Duratcollective trust	Blackrock Institutional Trust Company	Fixed income	$11.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	TSY U.S. 25+ Yr Key Rate Dur Nl Fdcollective trust	Blackrock	Pooled vehicles	$4.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Treasury U.S. 20 Year Key Rate Duracollective trust	Blackrock	Fixed income	$7.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Treasury US 15 Yr Key Rate Durationcollective trust	Blackrock Institutional Trust	Fixed income	$10.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Treasury US 10 Yr Key Rate Durationcollective trust	Blackrock Institutional Trust	Fixed income	$12.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Ssga Intermed U.S. Govt Bond Indxcollective trust	State Street - Russell 2000	Fixed income	$25.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Legal & General Treasury 15+ Stripscollective trust	Legal and General	Fixed income	$13.9M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Lgim Msci Acwi Citcollective trust	Legal and General	Pooled vehicles	$15.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	WTW Gt Long Credit Fundcollective trust	Towers Watson Investment Services,	Private credit	$17.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	WTW Gt Diversified Credit Fundcollective trust	Towers Watson Investment Services,	Private credit	$52.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	GS Ct Long Treasury Strips Fundcollective trust	Goldman Sachs Trust Company	Fixed income	$11.0M held	Disclosed holding	askebsa.dol.gov

Size and funding

33 readings

Total assets

$299M Dec 31, 2024 reported Form 5500

$322M (2023-12) · $353M (2022-12)

Plan assets

$321M Jan 1, 2024 reported Form 5500

$352M (2023-01) · $457M (2022-01)

Net assets

$299M Dec 31, 2024 reported Form 5500

$322M (2023-12) · $353M (2022-12)

Funded ratio

87.7% Jan 1, 2024 reported Form 5500

90.8% (2023-01) · 112.3% (2022-01)

Funding target

$289M Jan 1, 2024 reported Form 5500

$325M (2023-01) · $317M (2022-01)

Discount rate

5.13% Jan 1, 2024 reported Form 5500

5.07% (2023-01) · 5.38% (2022-01)

Participants

2,305 Jan 1, 2024 reported Form 5500

2,436 (2023-01) · 2,533 (2022-01)

Contributions

$3.9M Dec 31, 2024 reported Form 5500

$9.4M (2023-12) · $20.3M (2022-12)

Benefits paid

$23.2M Dec 31, 2024 reported Form 5500

$48.9M (2023-12) · $36.4M (2022-12)

Net investment income

$-22.3M Dec 31, 2024 reported Form 5500

$-31.1M (2023-12) · $-105M (2022-12)

Investment management fees

$439,438 Dec 31, 2024 reported Form 5500

$76,736 (2023-12) · $1.1M (2022-12)

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 Dec 31, 2024	2,305	$321M	$289M	87.7%	$299M	n/a	n/a	n/a
2023 to Dec 31, 2023	2,436	$352M	$325M	90.8%	$322M	n/a	n/a	n/a
2022 to Dec 31, 2022	2,533	$457M	$317M	112.3%	$353M	n/a	n/a	n/a

Service providers and investment entities as filed (Schedule C and D, latest year first)

Willis Towers Watson US LLC codes 11 13 17 50 70 $1.3M PY2024
The Bank of New York Mellon codes 19 25 50 $305,107 PY2024
Schneider Downs & Co. Inc. codes 10 50 $52,575 PY2024
State Street Glbal Advisr Trust Co codes 18 19 51 $21,585 PY2024
Blackrock Institutional Trust Co. codes 21 24 28 50 51 $12,016 PY2024
Lgima codes 28 51 $7,995 PY2024
Goldman Sachs Assets Management L.P codes 28 51 52 $7,572 PY2024
WTW Group Trust Globl Eqty Focus Fd Sched. D C $4.1M PY2024
WTW Liquid Diversifiers Fund, Ltd. Sched. D E $15.3M PY2024
EB Temp Inv Fund of the Bnym Sched. D C $6.3M PY2024
Treasury US 20 Yr Key Rate Duration Sched. D C $2.6M PY2024
Treasury US 15 Yr Key Rate Duration Sched. D C $6.1M PY2024
Treasury US 10 Yr Key Rate Duration Sched. D C $7.4M PY2024
Ssga Intermediate Gov Index Nl Fund Sched. D C $62.9M PY2024
Goldman Sachs Coll Trust Long Treas Sched. D C PY2024
Treasury US 25 Yr Key Rate Duration Sched. D C $3.5M PY2024
WTW Group Trust Real Assets Fund Sched. D C $34.5M PY2024
Treasury US 5 Yr Key Rate Duration Sched. D C $4.1M PY2024
L&g Mscvi Acwi Collective Invstmt Sched. D C $8.7M PY2024
WTW Group Trust Long Credit Fund Sched. D C PY2024
WTW Group Trust Divrsfd Credit Fund Sched. D C $38.1M PY2024
State Street Lng US Gov Bnd Indx Nl Sched. D C $58.6M PY2024
Willis Towers Watson US LLC codes 11 PY2024
Willis Towers Watson US codes 13 $895,416 PY2023
Goldman Sachs codes 28 $14,360 PY2023
Lgima codes 28 $12,994 PY2023
Faegre Drinker Biddle & Reath codes 29 $9,658 PY2023
Holland & Knight codes 29 $9,474 PY2023
State Street Bank & Trust Co codes 28 $5,604 PY2023
Willis Towers Watson Diversified Fd Sched. D C $8.2M PY2023
Treasury US 5 Yr Key Rate Duration Sched. D C $4.2M PY2023
Treasury US 20 Yr Key Rate Duration Sched. D C $3.3M PY2023
Treasury US 15 Yr Key Rate Duration Sched. D C $9.1M PY2023
Treasury US 10 Yr Key Rate Duration Sched. D C $10.9M PY2023
Ssga Intermediate Gov Index Nl Fund Sched. D C $71.5M PY2023
L&g Mscvi Acwi Collective Invstmt Sched. D C $9.2M PY2023
GRP Tr Long Credit Fund Sched. D C $24.8M PY2023
GRP Tr Diversified Credit Fund Sched. D C $37.8M PY2023
BTC Long Treasury Strps Fund Sched. D C $11.2M PY2023
State Street Long U.S. Govt Bnd Idx Sched. D C $51.3M PY2023
Liquid Diversifiers Fund Nov. 2024 Sched. D C $5.5M PY2023
Liquid Diversifiers Fund Sched. D C $5.0M PY2023
Liquid Diversifiers Fund Oct. 2023 Sched. D C $3.0M PY2023
Treasury US 25+ Key Rate Dur. Sched. D C PY2023
L&g Treas. 15+ Coll Inv Tr F Sched. D C PY2023
Willis Towers Watson Grp Trust Real Sched. D C $35.8M PY2023
Willis Towers Watson US LLC codes 11 PY2023
Towers Watson Investment Svcs codes 28 $1.1M PY2022
Willis Towers Watson US codes 13 $188,682 PY2022
Drinker Biddle & Reath codes 29 $77,795 PY2022
Schneider Downs & Co., Inc. codes 10 $46,650 PY2022
Lgima codes 28 $45,552 PY2022
Aon codes 29 $31,835 PY2022
Blackrock codes 28 $19,071 PY2022
Goldman Sachs codes 28 $12,202 PY2022
State Street Bank & Trust Co codes 28 $8,048 PY2022
Treasury US 5 Yr Key Rate Duration Sched. D C $11.9M PY2022
Treasury US 25+ Key Rate Dur. Sched. D C $4.5M PY2022
Treasury US 20 Yr Key Rate Duration Sched. D C $7.3M PY2022
Treasury US 15 Yr Key Rate Duration Sched. D C $10.3M PY2022
Treasury US 10 Yr Key Rate Duration Sched. D C $12.7M PY2022
Ssga Intermediate Gov Index Nl Fund Sched. D C $25.6M PY2022
L&g Treast 15+ Coll Inv Tr F Sched. D C $13.9M PY2022
L&g Mscvi Acwi Collective Invstmt Sched. D C $15.2M PY2022
GRP Tr Long Credit Fund Sched. D C $17.0M PY2022
GRP Tr Diversifying Credit Fund Sched. D C $52.0M PY2022
BCT Long Treasury Strps Fund Sched. D C $11.0M PY2022
Willis Towers Watson Grp Trust Real Sched. D C $63.0M PY2022
Willis Towers Watson Diversified Fd Sched. D C $38.3M PY2022
Willis Towers Watson US LLC codes 11 PY2022

What changed

16 events

Dec 31, 2024Holding endedinference
Essential Utilities, Inc. Pension Plan no longer reports WTW Gt Diversified Equity Fund (Towers Watson Investment Services,) (last held $8M at 2023-12-31; absent from the 2024-12-31 filing)
with Towers Watson Investment Services,askebsa.dol.gov
Dec 31, 2024Holding started
Essential Utilities, Inc. Pension Plan first reports an interest in WTW Liquid Diversifiers Fund, Ltd: $15M at 2024-12-31
with WTW Liquid Diversifiers Fund, Ltd.askebsa.dol.gov
Dec 31, 2024Holding started
Essential Utilities, Inc. Pension Plan first reports an interest in EB Temporary Investment (BNY Mellon): $6M at 2024-12-31
with BNY Mellonaskebsa.dol.gov
Dec 31, 2024Holding endedinference
Essential Utilities, Inc. Pension Plan no longer reports WTW Gt Long Credit Fund (Towers Watson Investment Services,) (last held $3M at 2023-12-31; absent from the 2024-12-31 filing)
with Towers Watson Investment Services,askebsa.dol.gov
Dec 31, 2024Holding endedinference
Essential Utilities, Inc. Pension Plan no longer reports GS Ct Long Treasury Strips Fund (Goldman Sachs Trust Company) (last held $11M at 2023-12-31; absent from the 2024-12-31 filing)
with Goldman Sachs Trust Companyaskebsa.dol.gov
Dec 31, 2024Manager relationship started
Blackrock Institutional Trust Co. appears on Essential Utilities, Inc. Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
with Blackrock Institutional Trust Co,naaskebsa.dol.gov
Dec 31, 2024Consultant changedinference
Willis Towers Watson US LLC appears on Essential Utilities, Inc. Pension Plan's Schedule C as pension consultant (plan year 2024 vs 2023)
with Willis Towers Watson US LLCaskebsa.dol.gov
Dec 31, 2024Manager relationship endedinference
State Street Bank & Trust Co no longer appears on Essential Utilities, Inc. Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
with State Street Bank & Trust Companyaskebsa.dol.gov
Jan 1, 2024Funded status changed
Essential Utilities, Inc. Pension Plan funded ratio 90.8% -> 87.7% (2023-01-01 to 2024-01-01)
askebsa.dol.gov
Dec 31, 2023Holding started
Essential Utilities, Inc. Pension Plan first reports an interest in State St Lng US Govt Bd Ind Nl Fund (State Street - Russell 2000): $51M at 2023-12-31
with State Street - Russell 2000askebsa.dol.gov
Dec 31, 2023Holding started
Essential Utilities, Inc. Pension Plan first reports an interest in Willis Towers Watson Group Trust Gl (Towers Watson Investment Services,): $6M at 2023-12-31
with Towers Watson Investment Services,askebsa.dol.gov
Dec 31, 2023Holding endedinference
Essential Utilities, Inc. Pension Plan no longer reports Legal & General Treasury 15+ Strips (Legal and General) (last held $14M at 2022-12-31; absent from the 2023-12-31 filing)
with Legal and Generalaskebsa.dol.gov
Dec 31, 2023Manager relationship endedinference
Towers Watson Investment Svcs no longer appears on Essential Utilities, Inc. Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
with Towers Watson Investment Svcsaskebsa.dol.gov
Dec 31, 2023Manager relationship endedinference
Blackrock no longer appears on Essential Utilities, Inc. Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
with Blackrockaskebsa.dol.gov
Jan 1, 2023Funded status changed
Essential Utilities, Inc. Pension Plan funded ratio 112.3% -> 90.8% (2022-01-01 to 2023-01-01)
askebsa.dol.gov
Jan 1, 2023Assets changed
Essential Utilities, Inc. Pension Plan plan assets $457M -> $352M (-23.0%, 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 231702594-001

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.