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

Siemens Pension Plan

Corporate pensionIselin, NJ
Assets
$1.4B
Total assets, Dec 31, 2024 reported
Funded
84.5%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
9
1 managers on Schedule C
Plan sponsor: Siemens Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.1%
  • Corporate debt instruments (other) 58.1%
  • U.S. Government securities 12.1%
  • Other investments 6.7%
  • Common/collective trusts 16.8%
  • Registered investment companies 4.9%
Consultants and advisers
9 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
9 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Long Term Credit Bond Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Private credit$28.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street Msci Acw1 Ex USA Im Ncollective trustState Street Global Advisors TrustPooled vehicles$212M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long Term Credit Bond Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Private credit$34.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Msci Acwi Imi Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$217M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Invesco Emerging Markets Equity Trucollective trustInvesco Emerging Mkts Equity FundPublic equity$14.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022International Equity Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Public equity$19.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Schroder Emerging Markets Fundcollective trustSchroderPublic equity$13.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective S&p 500 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$62.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Long Term Credit Bond Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Private credit$31.0M heldDisclosed holdingaskebsa.dol.gov
Size and funding
32 readings
Total assets
$1.4B Dec 31, 2024 reported Form 5500
$1.5B (2023-12) · $1.5B (2022-12)
Plan assets
$1.5B Jan 1, 2024 reported Form 5500
$1.5B (2023-01) · $2.0B (2022-01)
Net assets
$1.4B Dec 31, 2024 reported Form 5500
$1.5B (2023-12) · $1.5B (2022-12)
Funded ratio
84.5% Jan 1, 2024 reported Form 5500
80.0% (2023-01) · 105.3% (2022-01)
Funding target
$1.5B Jan 1, 2024 reported Form 5500
$1.5B (2023-01) · $1.5B (2022-01)
Discount rate
5.04% Jan 1, 2024 reported Form 5500
5.17% (2023-01) · 5.34% (2022-01)
Participants
18,839 Jan 1, 2024 reported Form 5500
19,460 (2023-01) · 19,913 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$122M Dec 31, 2024 reported Form 5500
$120M (2023-12) · $117M (2022-12)
Net investment income
$-84.6M Dec 31, 2024 reported Form 5500
$33.8M (2023-12) · $-475M (2022-12)
Investment management fees
$2.1M Dec 31, 2023 reported Form 5500
$3.7M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202418,839$1.5B$1.5B84.5%$1.4Bn/an/an/a
2023 to Dec 31, 202319,460$1.5B$1.5B80.0%$1.5Bn/an/an/a
2022 to Dec 31, 202219,913$2.0B$1.5B105.3%$1.5Bn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
16 events
  • Dec 31, 2024Holding endedinference
    Siemens Pension Plan no longer reports Msci Acwi Imi Index Nl Fund (State Street Global Advisors Trust) (last held $217M at 2023-12-31; absent from the 2024-12-31 filing)
    with State Street Global Advisors Trustaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Siemens Pension Plan first reports an interest in State Street Msci Acw1 Ex USA Im N (State Street Global Advisors Trust): $212M at 2024-12-31
    with State Street Global Advisors Trustaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Longview Partners no longer appears on Siemens Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Longview Partnersaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Invesco Trust Company no longer appears on Siemens Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Invesco Trust Companyaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    State Street Global Advisors appears on Siemens Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with State Street Global Advisorsaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Champlain Investment Partners no longer appears on Siemens Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Champlain Investment Partners LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    MFS Institutional Advisors, Inc. no longer appears on Siemens Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with MFS Institutional Advisorsaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Schroder Investment Management no longer appears on Siemens Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Schroder Investment Management Nortaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Siemens Pension Plan funded ratio 80.0% -> 84.5% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Siemens Pension Plan no longer reports NT Collective S&p 500 Index Fund (Northern Trust Collective Eafe Inde) (last held $62M at 2022-12-31; absent from the 2023-12-31 filing)
    with Northern Trust Collective Eafe Indeaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Siemens Pension Plan no longer reports Schroder Emerging Markets Fund (Schroder) (last held $13M at 2022-12-31; absent from the 2023-12-31 filing)
    with Schroderaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Siemens Pension Plan first reports an interest in Msci Acwi Imi Index Nl Fund (State Street Global Advisors Trust): $217M at 2023-12-31
    with State Street Global Advisors Trustaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Siemens Pension Plan no longer reports International Equity Index Fund (last held $20M at 2022-12-31; absent from the 2023-12-31 filing)
    with International Equity Index Fundaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Siemens Pension Plan no longer reports Invesco Emerging Markets Equity Tru (Invesco Emerging Mkts Equity Fund) (last held $14M at 2022-12-31; absent from the 2023-12-31 filing)
    with Invesco Emerging Mkts Equity Fundaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Siemens Pension Plan funded ratio 105.3% -> 80.0% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Siemens Pension Plan plan assets $2.0B -> $1.5B (-24.2%, 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 132623356-001
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.