Truist Financial Corporation Pension Plan
Corporate pension, based in Charlotte, North Carolina, reporting $15B in assets, for 97,275 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Truist Financial Corporation Pension Plan no longer reports Legal & General S&p 500 Cit Fund (Legal and General) (last held $320M at 2023-12-31; absent from the 2024-12-31 filing).
4 more managers, 26 more commitments and 16 more dated events
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- Emerging Free Markets Country Fund3 commitments
- Causeway Intl Value Equity Cit Cl 23 commitments
- Genesis Emerging Markets Fund3 commitments
- Legal and General8 commitments
- Invesco Trust Company8 commitments
- City of London Invst Mgmt Co Ltd3 commitments
Relationship network
53 connected entities29 observed commitments16 repeat counterparties25 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
›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 1.3%
- Corporate debt instruments (preferred) 31.4%
- U.S. Government securities 16.5%
- Other investments 11.7%
- Common/collective trusts 17.9%
- Registered investment companies 1.6%
- Common stock 18.5%
- Real estate (other than employer real property) 0.5%
Consultants and advisers
- Truist Bank Trusteethrough Dec 31, 2022 Form 5500
- AON Consulting, Inc. Actuarythrough Dec 31, 2022 Form 5500
- Aon Actuarythrough Dec 31, 2022 Form 5500
People
Manager roster
- Legal and General8 rows, latest Dec 31, 2024
- Invesco Trust Company8 rows, latest Dec 31, 2024
- City of London Invst Mgmt Co Ltd3 rows, latest Dec 31, 2024
+4 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
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- Harding Loevner LPplan years
- City of London Invst Mgmt Co Ltdplan years
- NB Real Estate Secondary Opp Fd LPplan years 2024
+15 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
- Dec 31, 2024Holding endedinferenceTruist Financial Corporation Pension Plan no longer reports Legal & General S&p 500 Cit Fund (Legal and General) (last held $320M at 2023-12-31; absent from the 2024-12-31 filing)with Legal and Generalaskebsa.dol.gov
- Dec 31, 2024Holding startedTruist Financial Corporation Pension Plan first reports an interest in Harding Loevner Intl Dev Mkts Cit-S: $296M at 2024-12-31with Harding Loevner Intl Dev Mkts Cit-Saskebsa.dol.gov
- Dec 31, 2024Manager relationship startedPrivate Markets VII appears on Truist Financial Corporation Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Private Markets VIIaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferencePrincipal Digital Real Estate Fund no longer appears on Truist Financial Corporation Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Principal Digital Real Estate Fundaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedNB Real Estate Secondary Opp Fd LP appears on Truist Financial Corporation Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with NB Real Estate Secondary Opp Fd LPaskebsa.dol.gov
+16 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Emerging Free Markets Country Fundcollective trust | City of London Invst Mgmt Co Ltd | Pooled vehicles | $105M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Causeway Intl Value Equity Cit Cl 2collective trust | Causeway Capital Management LLC | Public equity | $311M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Genesis Emerging Markets Fundcollective trust | Genesis Asset Managers,llp | Public equity | $3 held | Disclosed holding | askebsa.dol.gov |
+26 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 | 97,275 | $15B | $6.6B | 80.5% | $15B | Not disclosed | Not disclosed | $79.5M |
| 2023 to Dec 31, 2023 | 114,335 | $12B | $6.7B | 77.2% | $15B | Not disclosed | Not disclosed | $84.7M |
| 2022 to Dec 31, 2022 | 104,650 | $16B | $6.2B | 118.7% | $12B | Not disclosed | Not disclosed | $59.4M |
- AON Consulting codes 11 50 $7.9M PY2024
- Dodge & Cox Funds codes 28 50 $1.4M PY2024
- Franklin Templeton LLC codes 28 50 $1.1M PY2024
+70 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
- Manager relationship started2024-12-31source on record
+18 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
+22 connections on the graph
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.