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

Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.

Corporate pensionDES Moines, IA
Assets
$235M
Total assets, Dec 31, 2024 reported
Funded
106.8%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
10
1 managers on Schedule C
Plan sponsor: Wellmark, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 1.3%
  • U.S. Government securities 5.8%
  • Partnership/joint venture interests 31.4%
  • Common/collective trusts 58.8%
  • Registered investment companies 2.7%
Consultants and advisers
4 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
10 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Wtc-Ctf Global Select Cap Appreccollective trustWellington ManagementPooled vehicles$4.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Wtc-Cif II US Inv Grade Corp Long Bcollective trustWellington FdPooled vehicles$114M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Legal & General Russell 3000 Citcollective trustLegal & General Inv Mgmt AmericaPooled vehicles$10.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024MFS International Equity Fundcollective trustSEI Trust CompanyPublic equity$8.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Wtc-Ctf Global Select Cap Appreccollective trustWellington ManagementPooled vehicles$6.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Wtc-Cif II US Inv Grade Corp Long Bcollective trustWellington FdPooled vehicles$145M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Legal & General Russell 3000 Citcollective trustLegal & General Inv Mgmt AmericaPooled vehicles$14.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Wtc-Ctf Global Select Cap Appreccollective trustWellington ManagementPooled vehicles$11.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Wtc-Cif II US Inv Grade Corp Long Bcollective trustWellington FdPooled vehicles$111M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Legal & General Russell 3000 Citcollective trustLegal & General Inv Mgmt AmericaPooled vehicles$19.6M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$235M Dec 31, 2024 reported Form 5500
$297M (2023-12) · $287M (2022-12)
Plan assets
$297M Jan 1, 2024 reported Form 5500
$287M (2023-01) · $376M (2022-01)
Net assets
$235M Dec 31, 2024 reported Form 5500
$297M (2023-12) · $287M (2022-12)
Funded ratio
106.8% Jan 1, 2024 reported Form 5500
112.9% (2023-01) · 121.7% (2022-01)
Funding target
$245M Jan 1, 2024 reported Form 5500
$237M (2023-01) · $246M (2022-01)
Discount rate
5.05% Jan 1, 2024 reported Form 5500
5.17% (2023-01) · 5.32% (2022-01)
Participants
2,789 Jan 1, 2024 reported Form 5500
2,915 (2023-01) · 3,107 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$66.4M Dec 31, 2024 reported Form 5500
$18.6M (2023-12) · $26.1M (2022-12)
Net investment income
$-62.5M Dec 31, 2024 reported Form 5500
$10.3M (2023-12) · $-94.0M (2022-12)
Investment management fees
$1.5M Dec 31, 2024 reported Form 5500
$2.5M (2023-12) · $1.3M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20242,789$297M$245M106.8%$235M$73.7Mn/an/a
2023 to Dec 31, 20232,915$287M$237M112.9%$297M$76.7Mn/an/a
2022 to Dec 31, 20223,107$376M$246M121.7%$287M$71.7Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
14 events
  • Dec 31, 2024Holding started
    Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. first reports an interest in MFS International Equity Fund: $9M at 2024-12-31
    with MFS International Equity Fundaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Sweetwater Sec no longer appears on Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s Schedule C as investment manager (plan year 2024 vs 2023)
    with Sweetwater Secaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Canyon Partners LLC no longer appears on Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s Schedule C as investment manager (plan year 2024 vs 2023)
    with Canyon Partners LLCaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. total assets $297M -> $235M (-21.0%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. funded ratio 112.9% -> 106.8% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Audax Capital Partmers appears on Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Audax Capital Partnersaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    SVB Capital appears on Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s Schedule C as investment manager (plan year 2023 vs 2022)
    with SVB Capitalaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Apollo Resources appears on Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Apollo Resourcesaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Pimco Limited Partner appears on Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Pimco Limited Partneraskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Castlelake LP appears on Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Castlelake L.P.askebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Canyon Partners LLC appears on Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Canyon Partners LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Related Re appears on Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Related Reaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. funded ratio 121.7% -> 112.9% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. plan assets $376M -> $287M (-23.7%, 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 352772844-001
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.