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
Duncan Employees Security Plan
Corporate pensionIndianapolis, IN
Assets
$14.9M
Total assets, Dec 31, 2025 reported
Funded
138.3%
Jan 1, 2025
Private markets target
n/a
policy Dec 31, 2025
Commitments
6
none on the tape
Plan sponsor: Duncan Supply Co.,inc.
Allocation policy
Form 5500, as of Dec 31, 2025
Actual allocation lines without a target (as filed)
- Registered investment companies 93.3%
Consultants and advisers
4 firms
- Wilshire Investment adviser (plan)through Dec 31, 2022 Form 5500
- October Three Consulting LLC Actuarythrough Dec 31, 2025 Form 5500
- Mccready and Keene, Inc. Actuarythrough Dec 31, 2025 Form 5500
- Principal Financial Group 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
- Principal4 rows, latest Dec 31, 2022
- American United Life Insurance Co.2 rows, latest Dec 31, 2025
Commitments
6 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, 2025 | Separate Account IIseparate account | American United Life Insurance Co. | Pooled vehicles | $13.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Separate Account IIseparate account | American United Life Insurance Co. | Pooled vehicles | $12.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Smcap Growth I Sep Acct-Zseparate account | Principal | Pooled vehicles | $265,636 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Real Estate Secs Sa-Zseparate account | Principal | Real estate | $781,655 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Core Fix Inc Sep Acct-Zseparate account | Principal | Pooled vehicles | $366,658 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Prin Blue Chip Sa-Zseparate account | Principal | Pooled vehicles | $174,237 held | Disclosed holding | askebsa.dol.gov |
Size and funding
40 readings
Total assets
$13.4M (2024-12) · $10.7M (2023-12) · $7.8M (2022-12)
Plan assets
$10.7M (2024-01) · $7.8M (2023-01) · $11.7M (2022-01)
Net assets
$13.4M (2024-12) · $10.7M (2023-12) · $7.8M (2022-12)
Funded ratio
112.5% (2024-01) · 93.7% (2023-01) · 120.4% (2022-01)
Funding target
$8.8M (2024-01) · $7.6M (2023-01) · $9.0M (2022-01)
Discount rate
5.21% (2024-01) · 5.35% (2023-01) · 5.47% (2022-01)
Contributions
$2.0M (2024-12) · $2.0M (2023-12) · $1.0M (2022-12)
Benefits paid
$322,637 (2024-12) · $233,961 (2023-12) · $3.2M (2022-12)
Net investment income
$2.7M (2024-12) · $2.9M (2023-12) · $-3.9M (2022-12)
Form 5500 filings
4 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2025 to Dec 31, 2025 | 230 | $13.4M | $9.0M | 138.3% | $14.9M | n/a | n/a | n/a |
| 2024 to Dec 31, 2024 | 225 | $10.7M | $8.8M | 112.5% | $13.4M | n/a | n/a | n/a |
| 2023 to Dec 31, 2023 | 204 | $7.8M | $7.6M | 93.7% | $10.7M | n/a | n/a | n/a |
| 2022 to Dec 31, 2022 | 212 | $11.7M | $9.0M | 120.4% | $7.8M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Mccready and Keene Inc. codes 11 15 50 64 $60,500 PY2025
- American United Life Insurance Co. codes 15 38 64 66 67 PY2025
- Separate Account II Sched. D P $13.9M PY2025
- October Three Consulting LLC codes 11 PY2025
- American United Life Insurance Co. codes 13 38 64 66 67 PY2024
- Separate Account II Sched. D P $12.4M PY2024
- October Three Consulting LLC codes 11 PY2024
- Principal Life Insurance Company codes 13 50 64 $24,801 PY2023
- Prin Real Estate Secs Sa-Z Sched. D P PY2023
- Prin Smcap Growth I Sep Acct-Z Sched. D P PY2023
- Prin Core Fix Inc Sep Acct-Z Sched. D P PY2023
- Prin Blue Chip Sa-Z Sched. D P PY2023
- Mccready and Keene, Inc. codes 11 PY2023
- Principal Life Insurance Company codes 13 50 64 $73,810 PY2022
- Wilshire Advisors LLC codes 27 72 PY2022
- Ameriprise Financial Services Inc codes 49 99 PY2022
- Prin Blue Chip Sa-Z Sched. D P $174,237 PY2022
- Prin Smcap Growth I Sep Acct-Z Sched. D P $265,636 PY2022
- Prin Real Estate Secs Sa-Z Sched. D P $781,655 PY2022
- Prin Core Fix Inc Sep Acct-Z Sched. D P $366,658 PY2022
- Principal Financial Group codes 11 PY2022
What changed
15 events
- Dec 31, 2025Assets changedDuncan Employees Security Plan total assets $13M -> $15M (+10.6%, 2024-12-31 to 2025-12-31)
- Jan 1, 2025Funded status changedDuncan Employees Security Plan funded ratio 112.5% -> 138.3% (2024-01-01 to 2025-01-01)
- Jan 1, 2025Assets changedDuncan Employees Security Plan plan assets $11M -> $13M (+25.2%, 2024-01-01 to 2025-01-01)
- Dec 31, 2024Holding endedinferenceDuncan Employees Security Plan no longer reports Prin Core Fix Inc Sep Acct-Z (Principal) (last held $366,658 at 2022-12-31; absent from the 2024-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceDuncan Employees Security Plan no longer reports Prin Blue Chip Sa-Z (Principal) (last held $174,237 at 2022-12-31; absent from the 2024-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2024Holding endedinferenceDuncan Employees Security Plan no longer reports Prin Real Estate Secs Sa-Z (Principal) (last held $781,655 at 2022-12-31; absent from the 2024-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2024Holding startedDuncan Employees Security Plan first reports an interest in Separate Account II (American United Life Insurance Co.): $12M at 2024-12-31with American United Life Insurance Co.askebsa.dol.gov
- Dec 31, 2024Holding endedinferenceDuncan Employees Security Plan no longer reports Prin Smcap Growth I Sep Acct-Z (Principal) (last held $265,636 at 2022-12-31; absent from the 2024-12-31 filing)with Principalaskebsa.dol.gov
- Dec 31, 2024Assets changedDuncan Employees Security Plan total assets $11M -> $13M (+25.4%, 2023-12-31 to 2024-12-31)
- Jan 1, 2024Funded status changedDuncan Employees Security Plan funded ratio 93.7% -> 112.5% (2023-01-01 to 2024-01-01)
- Jan 1, 2024Assets changedDuncan Employees Security Plan plan assets $8M -> $11M (+36.7%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Consultant changedinferenceWilshire Advisors LLC no longer appears on Duncan Employees Security Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with Wilshireaskebsa.dol.gov
- Dec 31, 2023Assets changedDuncan Employees Security Plan total assets $8M -> $11M (+36.8%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedDuncan Employees Security Plan funded ratio 120.4% -> 93.7% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedDuncan Employees Security Plan plan assets $12M -> $8M (-33.3%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 350814590-001
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.