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

QBE Pension Equity Plan

Corporate pensionSUN Prairie, WI
Assets
$138M
Total assets, Dec 31, 2024 reported
Funded
92.9%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
18
1 managers on Schedule C
Plan sponsor: QBE Holdings, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Common/collective trusts 64.2%
  • Pooled separate accounts 16.1%
  • Registered investment companies 19.6%
Consultants and advisers
2 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
18 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Prudential Short-Termseparate accountPrudential Retirement & Annuity InsCash$5.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024International Blend/wellingtonseparate accountPrudential Retirement & Annuity InsPooled vehicles$6.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Small Cap Growth/timessquareseparate accountPrudential Retirement & Annuity InsPublic equity$5.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Small Cap Value/integrityseparate accountPrudential Retirement & Annuity InsPublic equity$5.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Prudential Core Plus Bond Fundcollective trustPrudential Trust Co.Fixed income$26.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024PRU U.S. Long Duration Corp Bdcollective trustPrudential Trust Co.Fixed income$48.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024PRU Treas Strips Citcollective trustPrudential Trust Co.Pooled vehicles$13.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023JP Morgan Core Bond Fundcollective trustJ.P. Morgan Investment ManagementFixed income$7.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Prudential Short-Termseparate accountPrudential Retirement & Annuity InsCash$4.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023International Blend/wellingtonseparate accountPrudential Retirement & Annuity InsPooled vehicles$6.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Small Cap Growth/timessquareseparate accountPrudential Retirement & Annuity InsPublic equity$5.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Small Cap Value/integrityseparate accountPrudential Retirement & Annuity InsPublic equity$5.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022JP Morgan Core Bond Fundcollective trustJ.P. Morgan Investment ManagementFixed income$8.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Prudential Short-Termseparate accountPrudential Retirement & Annuity InsCash$8.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Dryden S&p 500 Indexseparate accountPrudential Retirement & Annuity InsPooled vehicles$22.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022International Blend/wellingtonseparate accountPrudential Retirement & Annuity InsPooled vehicles$7.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Small Cap Growth/timessquareseparate accountPrudential Retirement & Annuity InsPublic equity$5.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Small Cap Value/integrityseparate accountPrudential Retirement & Annuity InsPublic equity$5.7M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$138M Dec 31, 2024 reported Form 5500
$153M (2023-12) · $154M (2022-12)
Plan assets
$153M Jan 1, 2024 reported Form 5500
$154M (2023-01) · $214M (2022-01)
Net assets
$138M Dec 31, 2024 reported Form 5500
$153M (2023-12) · $154M (2022-12)
Funded ratio
92.9% Jan 1, 2024 reported Form 5500
88.9% (2023-01) · 110.0% (2022-01)
Funding target
$158M Jan 1, 2024 reported Form 5500
$169M (2023-01) · $173M (2022-01)
Discount rate
5.12% Jan 1, 2024 reported Form 5500
5.07% (2023-01) · 5.34% (2022-01)
Participants
2,354 Jan 1, 2024 reported Form 5500
2,447 (2023-01) · 2,574 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$18.8M Dec 31, 2024 reported Form 5500
$15.8M (2023-12) · $19.2M (2022-12)
Net investment income
$-15.5M Dec 31, 2024 reported Form 5500
$-876,764 (2023-12) · $-59.9M (2022-12)
Investment management fees
$905,815 Dec 31, 2024 reported Form 5500
$241,254 (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, 20242,354$153M$158M92.9%$138Mn/an/an/a
2023 to Dec 31, 20232,447$154M$169M88.9%$153Mn/an/an/a
2022 to Dec 31, 20222,574$214M$173M110.0%$154Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Empower Annuity Insurance Co codes 13 $377,749 PY2024
  • Pgim Inc codes 28 $117,266 PY2024
  • Sageview Advisory Group LLC codes 27 $51,635 PY2024
  • Cliftonlarsonallen LLP codes 10 $29,004 PY2024
  • International Blend/wellington Sched. D P $6.5M PY2024
  • JP Morgan Core Bond Fund Sched. D C PY2024
  • Prudential Short Term Sched. D P $5.6M PY2024
  • Dryden S&p 500 Index Sched. D P PY2024
  • Small Cap Value/indegrity Sched. D P $5.0M PY2024
  • PRU Cr Pi Bond Cit Sched. D C $26.5M PY2024
  • PRU US Ld Cp Bd Cit Sched. D C $48.6M PY2024
  • PRU Treas Strips Cit Sched. D C $13.3M PY2024
  • Small Cap Growth/times Square Sched. D P $5.2M PY2024
  • Empower codes 11 PY2024
  • PRU Retirement Ins & Annuity codes 13 $248,642 PY2023
  • JP Morgan Investment Management codes 28 $47,349 PY2023
  • Cliftonlarsonallen LLP codes 10 $20,975 PY2023
  • Small Cap Growth/times Square Sched. D P $5.5M PY2023
  • JP Morgan Core Bond Fund Sched. D C $7.4M PY2023
  • Prudential Short Term Sched. D P $4.1M PY2023
  • Dryden S&p 500 Index Sched. D P PY2023
  • International Blend/wellington Sched. D P $6.9M PY2023
  • Small Cap Value/indegrity Sched. D P $5.6M PY2023
  • Empower codes 11 PY2023
  • PRU Retirement Ins & Annuity codes 13 $343,534 PY2022
  • JP Morgan Investment Management codes 28 $194,473 PY2022
  • Global Portfolio Strategies codes $128,650 PY2022
  • Cliftonlarsonallen LLP codes 10 $20,088 PY2022
  • International Blend/wellington Sched. D P $7.7M PY2022
  • Small Cap Growth/times Square Sched. D P $5.5M PY2022
  • Small Cap Value/indegrity Sched. D P $5.7M PY2022
  • JP Morgan Core Bond Fund Sched. D C $8.0M PY2022
  • Prudential Short Term Sched. D P $8.4M PY2022
  • Dryden S&p 500 Index Sched. D P $22.0M PY2022
  • Empower codes 11 PY2022
What changed
12 events
  • Dec 31, 2024Holding started
    QBE Pension Equity Plan first reports an interest in Prudential Core Plus Bond Fund (Prudential Trust Co.): $26M at 2024-12-31
    with Prudential Trust Co.askebsa.dol.gov
  • Dec 31, 2024Holding started
    QBE Pension Equity Plan first reports an interest in PRU U.S. Long Duration Corp Bd (Prudential Trust Co.): $49M at 2024-12-31
    with Prudential Trust Co.askebsa.dol.gov
  • Dec 31, 2024Holding started
    QBE Pension Equity Plan first reports an interest in PRU Treas Strips Cit (Prudential Trust Co.): $13M at 2024-12-31
    with Prudential Trust Co.askebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    QBE Pension Equity Plan no longer reports JP Morgan Core Bond Fund (J.P. Morgan Investment Management) (last held $7M at 2023-12-31; absent from the 2024-12-31 filing)
    with J.P. Morgan Investment Managementaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    JP Morgan Investment Management no longer appears on QBE Pension Equity Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with J.P. Morgan Investment Managementaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Pgim Inc appears on QBE Pension Equity Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Pgim Incaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Sageview Advisory Group LLC appears on QBE Pension Equity Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
    with Sageview Advisory Consulting Groupaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    QBE Pension Equity Plan total assets $153M -> $138M (-10.1%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    QBE Pension Equity Plan funded ratio 88.9% -> 92.9% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    QBE Pension Equity Plan no longer reports Dryden S&p 500 Index (Prudential Retirement & Annuity Ins) (last held $22M at 2022-12-31; absent from the 2023-12-31 filing)
    with Prudential Retirement & Annuity Insaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    QBE Pension Equity Plan funded ratio 110.0% -> 88.9% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    QBE Pension Equity Plan plan assets $214M -> $154M (-28.0%, 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 521147383-001
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.