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

Masterbrand, Inc. Pension Plan

Corporate pensionBeachwood, OH
Assets
$5,644
Total assets, Dec 31, 2025 reported
Funded
102.2%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
34
none on the tape
Plan sponsor: Masterbrand, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.4%
  • Common/collective trusts 98.7%
Consultants and advisers
4 firms
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
Commitments
34 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024AON Intermediate Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$19.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON Mid Duration Long Credit Bond Fcollective trustAON Trust Company LLCPrivate credit$77,589 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON Long Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$44.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON Long Government Bond Index Fundcollective trustAON Trust Company LLCFixed income$340,156 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024AON US Intermediate Governmentcollective trustAON Trust Company LLCPooled vehicles$3.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Nisa Ultra Mid Treasury Cifcollective trustGlobal Trust CompanyFixed income$3.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Nisa Ultra Long Treasury Cifcollective trustGlobal Trust CompanyFixed income$376,115 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$9.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Large Cap Equity Fundcollective trustAON Trust Company LLCPublic equity$6.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Non-U.s. Equity Fundcollective trustAON Trust Company LLCPublic equity$7.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Long Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$59.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Small & Mid Cap Equity Fundcollective trustAON Trust Company LLCPublic equity$2.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Large Cap Equity Index Fundcollective trustAON Trust Company LLCPublic equity$5.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON US Intermediate Governmentcollective trustAON Trust Company LLCPooled vehicles$6.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Long Government Bond Index Fundcollective trustAON Trust Company LLCFixed income$332,254 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Global Equity Fundcollective trustAON Trust Company LLCPublic equity$7.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Mid Duration Long Credit Bond Fcollective trustAON Trust Company LLCPrivate credit$74,656 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$13.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Return Enhancing Alt Portfolio103 12 ieAON Investments USA, Inc.Pooled vehicles$3.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023AON Core Real Estate Fundcollective trustAON Trust Company LLCReal estate$2.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Nisa Ultra Mid Treasury Cifcollective trustGlobal Trust CompanyFixed income$3.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Nisa Ultra Long Treasury Cifcollective trustGlobal Trust CompanyFixed income$4.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Large Cap Equity Fundcollective trustAON Trust Company LLCPublic equity$5.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Non-U.s. Equity Fundcollective trustAON Trust Company LLCPublic equity$7.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Long Credit Bond Fundcollective trustAON Trust Company LLCPrivate credit$47.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Small & Mid Cap Equity Fundcollective trustAON Trust Company LLCPublic equity$5.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Large Cap Equity Index Fundcollective trustAON Trust Company LLCPublic equity$5.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON US Intermediate Governmentcollective trustAON Trust Company LLCPooled vehicles$67,661 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Long Government Bond Index Fundcollective trustAON Trust Company LLCFixed income$321,902 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Global Equity Fundcollective trustAON Trust Company LLCPublic equity$7.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 202220+ Yr U S Treas Stripscollective trustAON Trust Company LLCPooled vehicles$28.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Mid Duration Long Credit Bond Fcollective trustAON Trust Company LLCPrivate credit$67,114 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Short Term Investmentcollective trustNorthern Trust Collective Eafe IndeCash$5.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022AON Return Enhancing Alt Portfolio103 12 ieAON Investments USA, Inc.Pooled vehicles$2.8M heldDisclosed holdingaskebsa.dol.gov
Size and funding
36 readings
Total assets
$5,644 Dec 31, 2025 reported Form 5500
$82.2M (2024-12) · $138M (2023-12) · $119M (2022-12)
Plan assets
$131M Jan 1, 2024 reported Form 5500
$119M (2023-01) · $167M (2022-01)
Net assets
$5,644 Dec 31, 2025 reported Form 5500
$81.4M (2024-12) · $135M (2023-12) · $119M (2022-12)
Funded ratio
102.2% Jan 1, 2024 reported Form 5500
91.5% (2023-01) · 113.4% (2022-01)
Funding target
$127M Jan 1, 2024 reported Form 5500
$131M (2023-01) · $128M (2022-01)
Discount rate
5.14% Jan 1, 2024 reported Form 5500
5.06% (2023-01) · 5.45% (2022-01)
Participants
2,442 Jan 1, 2025 reported Form 5500
3,796 (2024-01) · 3,858 (2023-01) · 3,920 (2022-01)
Contributions
$0 Dec 31, 2025 reported Form 5500
$0 (2024-12) · $13.0M (2023-12) · $0 (2022-12)
Benefits paid
$74.8M Dec 31, 2025 reported Form 5500
$48.0M (2024-12) · $7.6M (2023-12) · $8.3M (2022-12)
Net investment income
$-74.1M Dec 31, 2025 reported Form 5500
$-54.1M (2024-12) · $16.6M (2023-12) · $-48.4M (2022-12)
Form 5500 filings
4 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2025 to Dec 31, 20252,442n/an/an/a$5,644n/an/an/a
2024 to Dec 31, 20243,796$131M$127M102.2%$82.2Mn/an/an/a
2023 to Dec 31, 20233,858$119M$131M91.5%$138Mn/an/an/a
2022 to Dec 31, 20223,920$167M$128M113.4%$119Mn/a$0n/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • AON Consulting, Inc. codes 11 50 $804,946 PY2025
  • Northern Trust Company codes 21 50 $126,972 PY2025
  • AON Investments, Inc. codes 17 50 $48,160 PY2025
  • BDO USA, P.C. codes 10 50 $38,992 PY2025
  • AON US Long Govt Bond Index Fund Sched. D C PY2025
  • AON US Int Govt Bond Index Fund Sched. D C PY2025
  • Nisa Ultra Mid Treasury Cif Sched. D C PY2025
  • Nisa Ultra Long Treasury Cif Sched. D C PY2025
  • NT Collective Short Term Inv Fd Sched. D C PY2025
  • AON Int Credit Bond Fund Sched. D C PY2025
  • AON Mid Duration Long Credit Bond F Sched. D C PY2025
  • AON Long Credit Bond Fund Sched. D C PY2025
  • AON Consulting, Inc. codes 11 50 $1.5M PY2024
  • AON Investments, Inc. codes 17 50 $192,402 PY2024
  • Northern Trust Company codes 21 50 $178,570 PY2024
  • BDO USA, P.C. codes 10 50 $38,563 PY2024
  • AON Large Cap Equity Index Fund Sched. D C PY2024
  • AON Int Credit Bond Fund Sched. D C $19.8M PY2024
  • AON Mid Duration Long Credit Bond F Sched. D C $77,589 PY2024
  • AON Long Credit Bond Fund Sched. D C $44.6M PY2024
  • AON US Long Govt Bond Index Fund Sched. D C $340,156 PY2024
  • AON US Int Govt Bond Index Fund Sched. D C $3.5M PY2024
  • Nisa Ultra Mid Treasury Cif Sched. D C $3.2M PY2024
  • Nisa Ultra Long Treasury Cif Sched. D C $376,115 PY2024
  • NT Collective Short Term Inv Fd Sched. D C $9.3M PY2024
  • AON Return Enhancing Alt Portfolio Sched. D E PY2024
  • AON Large Cap Equity Fund Sched. D C PY2024
  • AON Small & Mid Cap Equity Fund Sched. D C PY2024
  • AON Global Equity Fund Sched. D C PY2024
  • AON Non-U.s. Equity Fund Sched. D C PY2024
  • AON Core Real Estate Fund Sched. D C PY2024
  • AON Consulting, Inc. codes 11 PY2024
  • AON Consulting, Inc. codes 11 50 $441,534 PY2023
  • AON Investments, Inc. codes 17 50 $141,066 PY2023
  • Northern Trust Company codes 21 50 $101,481 PY2023
  • AON Long Credit Bond Fund Sched. D C $59.7M PY2023
  • AON Small & Mid Cap Equity Fund Sched. D C $2.2M PY2023
  • AON Large Cap Equity Index Fund Sched. D C $5.9M PY2023
  • AON US Int Govt Bond Index Fund Sched. D C $6.2M PY2023
  • AON US Long Govt Bond Index Fund Sched. D C $332,254 PY2023
  • AON Global Equity Fund Sched. D C $7.1M PY2023
  • AON 20+ Year U.S. Treas Strips Fund Sched. D C PY2023
  • AON Mid Duration Long Credit Bond F Sched. D C $74,656 PY2023
  • NT Collective Short Term Inv Fd Sched. D C $13.7M PY2023
  • AON Return Enhancing Alt Portfolio Sched. D E $3.0M PY2023
  • AON Core Real Estate Fund Sched. D C $2.8M PY2023
  • Nisa Ultra Mid Treasury Cif Sched. D C $3.0M PY2023
  • Nisa Ultra Long Treasury Cif Sched. D C $4.3M PY2023
  • AON Large Cap Equity Fund Sched. D C $6.1M PY2023
  • AON Non-U.s. Equity Fund Sched. D C $7.2M PY2023
  • AON Consulting, Inc. codes 11 PY2023
  • AON Consulting, Inc. codes 11 50 $358,718 PY2022
  • AON Investments, Inc. codes 17 50 $158,473 PY2022
  • Northern Trust Company codes 21 50 $26,920 PY2022
  • BDO USA, P.C. codes 10 50 $19,177 PY2022
  • AON Large Cap Equity Index Fund Sched. D C $5.4M PY2022
  • AON US Int Govt Bond Index Fund Sched. D C $67,661 PY2022
  • AON US Long Govt Bond Index Fund Sched. D C $321,902 PY2022
  • AON Global Equity Fund Sched. D C $7.5M PY2022
  • AON 20+ Year U.S. Treas Strips Fund Sched. D C $28.6M PY2022
  • AON Mid Duration Long Credit Bond F Sched. D C $67,114 PY2022
  • NT Collective Short Term Inv Fd Sched. D C $5.3M PY2022
  • AON Return Enhancing Alt Portfolio Sched. D E $2.8M PY2022
  • AON Large Cap Equity Fund Sched. D C $5.5M PY2022
  • AON Non-U. S. Equity Fund Sched. D C $7.4M PY2022
  • AON Long Credit Bond Fund Sched. D C $47.5M PY2022
  • AON Small & Mid Cap Equity Fund Sched. D C $5.2M PY2022
  • AON Consulting, Inc. codes 11 PY2022
What changed
18 events
  • Dec 31, 2025Assets changed
    Masterbrand, Inc. Pension Plan total assets $82M -> $5,644 (-100.0%, 2024-12-31 to 2025-12-31)
    askebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Masterbrand, Inc. Pension Plan no longer reports AON Global Equity Fund (AON Trust Company LLC) (last held $7M at 2023-12-31; absent from the 2024-12-31 filing)
    with AON Trust Company LLCaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Masterbrand, Inc. Pension Plan first reports an interest in AON Intermediate Credit Bond Fund (AON Trust Company LLC): $20M at 2024-12-31
    with AON Trust Company LLCaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Masterbrand, Inc. Pension Plan no longer reports AON Core Real Estate Fund (AON Trust Company LLC) (last held $3M at 2023-12-31; absent from the 2024-12-31 filing)
    with AON Trust Company LLCaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Masterbrand, Inc. Pension Plan no longer reports AON Small & Mid Cap Equity Fund (AON Trust Company LLC) (last held $2M at 2023-12-31; absent from the 2024-12-31 filing)
    with AON Trust Company LLCaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Masterbrand, Inc. Pension Plan no longer reports Large Cap Equity Fund (AON Trust Company LLC) (last held $6M at 2023-12-31; absent from the 2024-12-31 filing)
    with AON Trust Company LLCaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Masterbrand, Inc. Pension Plan no longer reports AON Large Cap Equity Index Fund (AON Trust Company LLC) (last held $6M at 2023-12-31; absent from the 2024-12-31 filing)
    with AON Trust Company LLCaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Masterbrand, Inc. Pension Plan no longer reports AON Return Enhancing Alt Portfolio (last held $3M at 2023-12-31; absent from the 2024-12-31 filing)
    with AON Return Enhancing Alt Portfolioaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Masterbrand, Inc. Pension Plan no longer reports AON Non-U.s. Equity Fund (AON Trust Company LLC) (last held $7M at 2023-12-31; absent from the 2024-12-31 filing)
    with AON Trust Company LLCaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    Masterbrand, Inc. Pension Plan total assets $138M -> $82M (-40.6%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Masterbrand, Inc. Pension Plan funded ratio 91.5% -> 102.2% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding started
    Masterbrand, Inc. Pension Plan first reports an interest in Nisa Ultra Mid Treasury Cif: $3M at 2023-12-31
    with Nisa Ultra Mid Treasury Cifaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Masterbrand, Inc. Pension Plan first reports an interest in AON Core Real Estate Fund (AON Trust Company LLC): $3M at 2023-12-31
    with AON Trust Company LLCaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Masterbrand, Inc. Pension Plan no longer reports 20+ Yr U S Treas Strips (AON Trust Company LLC) (last held $29M at 2022-12-31; absent from the 2023-12-31 filing)
    with AON Trust Company LLCaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Masterbrand, Inc. Pension Plan first reports an interest in Nisa Ultra Long Treasury Cif: $4M at 2023-12-31
    with Nisa Ultra Long Treasury Cifaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Masterbrand, Inc. Pension Plan total assets $119M -> $138M (+16.5%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Masterbrand, Inc. Pension Plan funded ratio 113.4% -> 91.5% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Masterbrand, Inc. Pension Plan plan assets $167M -> $119M (-28.6%, 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 133346717-006
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.