LBS Financial Credit Union Defined Benefit Pension Plan
Corporate pension, based in Westminster, California, reporting $44.6M in assets, for 321 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2023, The Standard appears on LBS Financial Credit Union Defined Benefit Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022).
2 more advisers
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Capital path
who backs this record, through what, into what; each name opens its own path- Master Separate Account3 commitments
- Minnesota Life Insurance3 commitments
Relationship network
15 connected entities3 observed commitments2 repeat counterpartiescommitments 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
- Organization
›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
- Insurance company general account 37.4%
- Pooled separate accounts 62.6%
Consultants and advisers
- Standard Insurance Company Actuarythrough Dec 31, 2024 Form 5500
- The Standard Actuarythrough Dec 31, 2023 Form 5500
- VIA Actuarial Solutions Actuarythrough Dec 31, 2023 Form 5500
+2 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- Minnesota Life Insurance3 rows, latest Dec 31, 2024
What changed
- Dec 31, 2023Manager relationship startedThe Standard appears on LBS Financial Credit Union Defined Benefit Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)with The Standardaskebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceMinnesota Life Insurance Company no longer appears on LBS Financial Credit Union Defined Benefit Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Minnesota Life Insuranceaskebsa.dol.gov
- Jan 1, 2023Funded status changedLBS Financial Credit Union Defined Benefit Pension Plan funded ratio 121.2% -> 105.8% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedLBS Financial Credit Union Defined Benefit Pension Plan plan assets $47M -> $39M (-16.8%, 2022-01-01 to 2023-01-01)
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Master Separate Accountseparate account | Minnesota Life Insurance | Pooled vehicles | $16.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Master Separate Accountseparate account | Minnesota Life Insurance | Pooled vehicles | $24.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Master Separate Accountseparate account | Minnesota Life Insurance | Pooled vehicles | $20.4M held | Disclosed holding | askebsa.dol.gov |
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 | 321 | $41.9M | $28.0M | 104.8% | $44.6M | Not disclosed | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 301 | $39.2M | $26.4M | 105.8% | $41.9M | Not disclosed | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 314 | $47.1M | $25.2M | 121.2% | $39.2M | Not disclosed | Not disclosed | Not disclosed |
- The Standard codes 11 13 15 28 38 PY2024
- Master Separate Account Sched. D P $16.7M PY2024
- Standard Retirement Services, Inc codes 11 PY2024
+13 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Record history
- Manager relationship started2023-12-31source on record
- Manager relationship ended2023-12-31source on record
- Funded status changed2023-01-01source on record
+1 more change 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
+6 connections on the graph
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