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

Salt River Project Employees' Retirement Plan

Corporate pensionPhoenix, AZ
Assets
$2.9B
Total assets, Dec 31, 2024 reported
Funded
97.3%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
24
2 managers on Schedule C
Plan sponsor: Salt River Valley Water Users Association
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Corporate debt instruments (other) 28.1%
  • U.S. Government securities 4.3%
  • Other investments 0.0%
  • Partnership/joint venture interests 10.8%
  • Common/collective trusts 34.8%
  • Pooled separate accounts 8.7%
  • Registered investment companies 6.5%
  • Common stock 3.6%
Consultants and advisers
3 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
6 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
24 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Causeway International Value Groupcollective trustCauseway Capital Management LLCPooled vehicles$75.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024CAP Guardian Int'l Equity Fundcollective trustCapital Guardian Trust CompanyPublic equity$75.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$140M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$24.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective S&p 500 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$615M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Driehaus Int'l Small Cap Growthcollective trustDriehaus Capital Management LLCPublic equity$74.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective Eafe Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$148M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$112M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Causeway International Value Groupcollective trustCauseway Capital Management LLCPooled vehicles$103M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023CAP Guardian Int'l Equity Fundcollective trustCapital Guardian Trust CompanyPublic equity$75.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$144M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$6.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective S&p 500 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$670M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Driehaus Int'l Small Cap Growthcollective trustDriehaus Capital Management LLCPublic equity$75.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Eafe Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$167M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$114M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Causeway International Value Groupcollective trustCauseway Capital Management LLCPooled vehicles$80.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022CAP Guardian Int'l Equity Fundcollective trustCapital Guardian Trust CompanyPublic equity$64.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$163M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$28.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective S&p 500 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$564M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Driehaus Int'l Small Cap Growthcollective trustDriehaus Capital Management LLCPublic equity$67.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Eafe Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$152M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Principal U.S. Property Sa-Zseparate accountPrincipalReal estate$127M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$2.9B Dec 31, 2024 reported Form 5500
$2.8B (2023-12) · $2.5B (2022-12)
Plan assets
$2.8B Jan 1, 2024 reported Form 5500
$2.5B (2023-01) · $3.1B (2022-01)
Net assets
$2.9B Dec 31, 2024 reported Form 5500
$2.8B (2023-12) · $2.5B (2022-12)
Funded ratio
97.3% Jan 1, 2024 reported Form 5500
101.2% (2023-01) · 110.9% (2022-01)
Funding target
$2.4B Jan 1, 2024 reported Form 5500
$2.3B (2023-01) · $2.2B (2022-01)
Discount rate
5.20% Jan 1, 2024 reported Form 5500
5.32% (2023-01) · 5.49% (2022-01)
Participants
10,199 Jan 1, 2024 reported Form 5500
10,789 (2023-01) · 10,639 (2022-01)
Contributions
$75.0M Dec 31, 2024 reported Form 5500
$75.3M (2023-12) · $74.9M (2022-12)
Benefits paid
$140M Dec 31, 2024 reported Form 5500
$136M (2023-12) · $128M (2022-12)
Net investment income
$122M Dec 31, 2024 reported Form 5500
$257M (2023-12) · $-545M (2022-12)
Investment management fees
$3.2M Dec 31, 2024 reported Form 5500
$3.5M (2023-12) · $4.0M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202410,199$2.8B$2.4B97.3%$2.9B$313Mn/an/a
2023 to Dec 31, 202310,789$2.5B$2.3B101.2%$2.8B$351Mn/an/a
2022 to Dec 31, 202210,639$3.1B$2.2B110.9%$2.5B$430Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
10 events
  • Dec 31, 2024Manager relationship started
    Prudential Insurance Company appears on Salt River Project Employees' Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Prudential Insurance Company of Ameaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Clifton Group no longer appears on Salt River Project Employees' Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Cliftonaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Artisan Partners no longer appears on Salt River Project Employees' Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Artisan Partners Ltd Partnershipaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Vulcan Value Partners appears on Salt River Project Employees' Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Vulcan Value Partnersaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Salt River Project Employees' Retirement Plan funded ratio 101.2% -> 97.3% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2024Assets changed
    Salt River Project Employees' Retirement Plan plan assets $2.5B -> $2.8B (+10.2%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Iridian Asset Management no longer appears on Salt River Project Employees' Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Iridian Asset Managementaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Salt River Project Employees' Retirement Plan total assets $2.5B -> $2.8B (+10.2%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Salt River Project Employees' Retirement Plan funded ratio 110.9% -> 101.2% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Salt River Project Employees' Retirement Plan plan assets $3.1B -> $2.5B (-17.8%, 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 860053220-335
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.