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
Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries
Corporate pensionHonolulu, HI
Assets
$1.9B
Total assets, Dec 31, 2024 reported
Funded
99.8%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
5
2 managers on Schedule C
Plan sponsor: Hawaiian Electric Industries, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Non-interest-bearing cash 0.0%
- Corporate debt instruments (other) 3.7%
- Corporate debt instruments (preferred) 4.0%
- U.S. Government securities 21.2%
- Partnership/joint venture interests 3.4%
- Common/collective trusts 2.4%
- Registered investment companies 42.7%
- Common stock 22.3%
Consultants and advisers
4 firms
- Trucker Huss Pension consultantthrough Dec 31, 2023 Form 5500
- NFJ Investment Group, LLC Investment adviser (plan)through Dec 31, 2022 Form 5500
- Bank of New York Mellon Trusteethrough Dec 31, 2022 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
2 managers on the commitment tape
From the plan’s own commitment disclosures
- Fidelity Institutional Asset Mgmt2 rows, latest Dec 31, 2023
- BNY Mellon1 rows, latest Dec 31, 2024
From Schedule C (investment management, code 28)
- Payden & Rygelplan years 2024
- Earnest Partnersplan years 2024
- Franklin Advisers, Inc.plan years 2022
- WCM Investment Management, LLCplan years 2022
- Gamco Asset Management, Inc.plan years 2022
- Macquarie Investment Mgmnt Advisersplan years 2022
- Stafford Capital Partnersplan years 2022
- Mellon Capital Managementplan years 2022
- Merrill Lynch,pierce,fenner & Smithplan years 2022
- Fidelity Institutional Asset Mgmtplan years 2022
- Invesco Trust Companyplan years 2022
Commitments
5 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Collective Trust Government Stifcollective trust | BNY Mellon | Pooled vehicles | $45.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Fiam Long Corporate a Or Bettercollective trust | Fidelity Institutional Asset Mgmt | Pooled vehicles | $252M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Invesco Emerging Markets Eqty Trustcollective trust | Invesco Trust Company | Public equity | $49.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Fiam Long Corporate a Or Bettercollective trust | Fidelity Institutional Asset Mgmt | Pooled vehicles | $229M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Invesco Emerging Markets Eqty Trustcollective trust | Invesco Trust Company | Public equity | $44.5M held | Disclosed holding | askebsa.dol.gov |
Size and funding
33 readings
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 | 5,120 | $1.9B | $1.8B | 99.8% | $1.9B | $65.0M | n/a | n/a |
| 2023 to Dec 31, 2023 | 5,190 | $1.7B | $1.7B | 100.0% | $1.9B | $77.7M | n/a | n/a |
| 2022 to Dec 31, 2022 | 5,247 | $2.2B | $1.6B | 115.1% | $1.7B | $64.6M | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Stafford Capital Partners codes 28 49 50 51 $1.2M PY2024
- Merrill Lynch codes 28 51 $909,423 PY2024
- Willis Towers Watson US LLC codes 11 17 50 $564,150 PY2024
- The Bank of New York Mellon codes 21 50 59 62 99 $277,845 PY2024
- Earnest Partners LLC codes 28 33 51 52 68 $253,700 PY2024
- Invesco Trust Company codes 28 51 $173,886 PY2024
- Franklin Advisers, Inc. codes 28 51 52 68 $119,332 PY2024
- Fidelity Inst Asset Mgmt Trust Co codes 28 51 52 68 $89,238 PY2024
- Gamco Asset Management, Inc. codes 28 51 $85,239 PY2024
- Payden & Rygel codes 28 51 $73,840 PY2024
- NFJ Investment Group, LLC codes 27 49 51 52 68 $68,354 PY2024
- Macquarie Inv. Management Advisors codes 28 51 52 68 $43,202 PY2024
- CW Associates, CPAS codes 10 50 $28,012 PY2024
- LSM Consultants LLC codes 10 50 $19,893 PY2024
- Trucker Huss, Apc codes 29 50 $14,464 PY2024
- Fiam Grp Trust Long Corporate a Sched. D C PY2024
- Invesco Emerging Markets Eqty Trust Sched. D C PY2024
- BNY Collective Trust Gov't Stif Sched. D C $45.1M PY2024
- Willis Towers Watson US LLC codes 11 PY2024
- Stafford Capital Partners codes 28 49 50 51 $1.1M PY2023
- Invesco Trust Company codes 28 51 $978,083 PY2023
- Willis Towers Watson US LLC codes 11 17 50 $684,638 PY2023
- Franklin Advisers, Inc. codes 28 51 52 68 $621,001 PY2023
- Earnest Partners LLC codes 28 33 51 52 68 $581,539 PY2023
- Fidelity Inst Asset Mgmt Trust Co codes 28 51 52 68 $536,890 PY2023
- Macquarie Inv. Management Advisors codes 28 51 52 68 $492,664 PY2023
- Gamco Asset Management, Inc. codes 28 51 $491,750 PY2023
- NFJ Investment Group, LLC codes 27 49 51 52 68 $460,328 PY2023
- The Bank of New York Mellon codes 21 50 59 62 99 $441,075 PY2023
- Merrill Lynch codes 28 51 $237,041 PY2023
- CW Associates, a Hawaii CPA Corp. codes 10 50 $27,012 PY2023
- Trucker Huss codes 17 29 31 35 38 50 $19,787 PY2023
- LSM Consultants LLC codes 10 50 $16,040 PY2023
- Fiam Grp Trust Long Corporate a Sched. D C $252M PY2023
- Invesco Emerging Markets Eqty Trust Sched. D C $49.4M PY2023
- Willis Towers Watson US LLC codes 11 PY2023
- Invesco Trust Company codes 28 51 $893,243 PY2022
- Willis Towers Watson US LLC codes 11 17 50 $857,143 PY2022
- Franklin Advisers, Inc. codes 28 51 52 68 $640,032 PY2022
- Fidelity Inst Asset Mgmt Trust Co codes 28 51 52 68 $551,469 PY2022
- Earnest Partners LLC codes 28 33 51 52 68 $539,671 PY2022
- Gamco Asset Management, Inc. codes 28 51 $484,074 PY2022
- Macquarie Inv. Management Advisors codes 28 51 52 68 $483,815 PY2022
- Stafford Capital Partners codes 28 49 50 51 $464,135 PY2022
- NFJ Investment Group, LLC codes 27 49 51 52 68 $418,062 PY2022
- The Bank of New York Mellon codes 21 50 59 62 99 $414,683 PY2022
- Mellon Investments Corporation codes 28 51 $310,972 PY2022
- Merrill Lynch codes 28 51 $236,259 PY2022
- Trucker Huss codes 29 50 $27,465 PY2022
- CW Associates, a Hawaii CPA Corp. codes 10 50 $27,460 PY2022
- LSM Consultants LLC codes 10 50 $20,487 PY2022
- Fiam Grp Trust Long Corporate a Sched. D C $229M PY2022
- Invesco Emerging Markets Eqty Trust Sched. D C $44.5M PY2022
- Willis Towers Watson US LLC codes 11 PY2022
What changed
10 events
- Dec 31, 2024Holding startedRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries first reports an interest in Collective Trust Government Stif (BNY Mellon): $45M at 2024-12-31with BNY Mellonaskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries no longer reports Invesco Emerging Markets Eqty Trust (last held $49M at 2023-12-31; absent from the 2024-12-31 filing)with Invesco Emerging Markets Eqty Trustaskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries no longer reports Fiam Long Corporate a Or Better (Fidelity Institutional Asset Mgmt) (last held $252M at 2023-12-31; absent from the 2024-12-31 filing)with Fidelity Institutional Asset Mgmtaskebsa.dol.gov
- Dec 31, 2024Consultant changedinferenceTrucker Huss no longer appears on Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries's Schedule C as pension consultant (plan year 2024 vs 2023)with Trucker Hussaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedPayden & Rygel appears on Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries's Schedule C as investment manager (plan year 2024 vs 2023)with Payden & Rygelaskebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceMellon Investments Corporation no longer appears on Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries's Schedule C as investment manager (plan year 2023 vs 2022)with Mellon Capital Managementaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceTrucker Huss appears on Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries's Schedule C as pension consultant (plan year 2023 vs 2022)with Trucker Hussaskebsa.dol.gov
- Dec 31, 2023Assets changedRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries total assets $1.7B -> $1.9B (+10.1%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries funded ratio 115.1% -> 100.0% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedRetirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating Subsidiaries plan assets $2.2B -> $1.7B (-22.9%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 990208097-001
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.