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

Deseret Mutual Master Retirement Plan

Corporate pensionSalt Lake City, UT
Assets
$7.1B
Total assets, Dec 31, 2024 reported
Funded
135.3%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
47
1 managers on Schedule C
Plan sponsor: Deseret Mutual Benefit Administrators
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 3.3%
  • Corporate debt instruments (other) 16.7%
  • U.S. Government securities 16.6%
  • Other investments 0.9%
  • Partnership/joint venture interests 31.8%
  • 103-12 investment entities 1.0%
  • Common/collective trusts 9.7%
  • Pooled separate accounts 2.0%
  • Registered investment companies 3.4%
  • Common stock 5.8%
  • Preferred stock 0.0%
  • Real estate (other than employer real property) 8.1%
Consultants and advisers
7 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
7 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
47 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$57.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Prisa II Saseparate accountPrudential Insurance Company of AmePooled vehicles$71.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Commingled Pension Trust Fund (speccollective trustJpmorgan Special SituationsPooled vehicles$31.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$39.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Pacific Asset Management Bank Loan103 12 ieSUP Pacific Fd Bk LnPrivate credit$18.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024LSV Emerging Markets Citcollective trustNorthern TrustPublic equity$17.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Russell 1000 Index Fundcollective trustBlackrockPooled vehicles$93.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024MFS International Growth Fundcollective trustMFS Heritage Trust CompanyPooled vehicles$21.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Timessquare Mid Cap Growth Fundcollective trustGlobal Trust CompanyPooled vehicles$22.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Victory Small Cap Value Collectivecollective trustVictory CapitalPublic equity$16.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024International Equity Long-Only Fund103 12 ieFiera Capital Inc.Public equity$20.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Senior Housing Partners Vseparate accountPrudential Insurance Company of AmePooled vehicles$13.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Commingled Pension Trust Fund (ls)collective trustJpmorgan Chase Bank, N.A.Pooled vehicles$362M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym Mellon Db Sl Stock Index Fundcollective trustBNY MellonPublic equity$45.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mondrian Intl Eqty Focused Fund, LP103 12 ieMondrian Investment Group US, Inc.Pooled vehicles$32.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Acwi Ex-Us Superfundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$20.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Russell 3000 Index Fundcollective trustBlackrock Institutional Trust Company, N.A.Pooled vehicles$5.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Brandes International Fundamentalcollective trustGreat Gray Trust Company, LLCPooled vehicles$12.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$89.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Prisa II Saseparate accountPrudential Insurance Company of AmePooled vehicles$59.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Commingled Pension Trust Fund (speccollective trustJpmorgan Special SituationsPooled vehicles$46.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$36.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Pacific Asset Management Bank Loan103 12 ieSUP Pacific Fd Bk LnPrivate credit$16.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023LSV Emerging Markets Citcollective trustNorthern TrustPublic equity$15.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell 1000 Index Fundcollective trustBlackrockPooled vehicles$72.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023MFS International Growth Fundcollective trustMFS Heritage Trust CompanyPooled vehicles$17.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Timessquare Mid Cap Growth Fundcollective trustGlobal Trust CompanyPooled vehicles$21.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Victory Small Cap Value Collectivecollective trustVictory CapitalPublic equity$12.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023International Equity Long-Only Fund103 12 ieFiera Capital Inc.Public equity$18.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Bridgewater Pure Alpha Fund, Ltd103 12 ieBridgewater Pure Alpha Funds, Ltd.Pooled vehicles$50.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Commingled Pension Trust Fund (ls)collective trustJpmorgan Chase Bank, N.A.Pooled vehicles$398M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Bnym Mellon Db Sl Stock Index Fundcollective trustBNY MellonPublic equity$22.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Mondrian Intl Eqty Focused Fund, LP103 12 ieMondrian Investment Group US, Inc.Pooled vehicles$30.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$117M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Prisa II Saseparate accountPrudential Insurance Company of AmePooled vehicles$80.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Commingled Pension Trust Fund (speccollective trustJpmorgan Special SituationsPooled vehicles$64.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Jpmcb Strategic Property Fundcollective trustJ.P. Morgan ChaseReal estate$45.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Pacific Asset Management Bank Loan103 12 ieSUP Pacific Fd Bk LnPrivate credit$14.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022LSV Emerging Markets Citcollective trustNorthern TrustPublic equity$17.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell 1000 Index Fundcollective trustBlackrockPooled vehicles$55.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022MFS International Growth Fundcollective trustMFS Heritage Trust CompanyPooled vehicles$18.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Timessquare Mid Cap Growth Fundcollective trustGlobal Trust CompanyPooled vehicles$18.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Victory Small Cap Value Collectivecollective trustVictory CapitalPublic equity$11.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022International Equity Long-Only Fund103 12 ieFiera Capital Inc.Public equity$18.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Bridgewater Pure Alpha Fund, Ltd103 12 ieBridgewater Pure Alpha Funds, Ltd.Pooled vehicles$52.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Commingled Pension Trust Fund (ls)collective trustJpmorgan Chase Bank, N.A.Pooled vehicles$365M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Bnym Mellon Db Sl Stock Index Fundcollective trustBNY MellonPublic equity$19.3M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$7.1B Dec 31, 2024 reported Form 5500
$7.7B (2023-12) · $7.8B (2022-12)
Plan assets
$7.5B Jan 1, 2024 reported Form 5500
$7.6B (2023-01) · $8.9B (2022-01)
Net assets
$7.0B Dec 31, 2024 reported Form 5500
$7.5B (2023-12) · $7.6B (2022-12)
Funded ratio
135.3% Jan 1, 2024 reported Form 5500
143.9% (2023-01) · 147.6% (2022-01)
Funding target
$5.8B Jan 1, 2024 reported Form 5500
$5.6B (2023-01) · $5.4B (2022-01)
Discount rate
5.17% Jan 1, 2024 reported Form 5500
5.27% (2023-01) · 5.43% (2022-01)
Participants
33,144 Jan 1, 2024 reported Form 5500
34,127 (2023-01) · 35,040 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$199,100 (2023-12) · $0 (2022-12)
Benefits paid
$344M Dec 31, 2024 reported Form 5500
$328M (2023-12) · $318M (2022-12)
Net investment income
$-567M Dec 31, 2024 reported Form 5500
$-90.2M (2023-12) · $-1.3B (2022-12)
Investment management fees
$17.8M Dec 31, 2024 reported Form 5500
$17.2M (2023-12) · $19.2M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202433,144$7.5B$5.8B135.3%$7.1B$2.2Bn/a$576M
2023 to Dec 31, 202334,127$7.6B$5.6B143.9%$7.7B$2.3Bn/a$641M
2022 to Dec 31, 202235,040$8.9B$5.4B147.6%$7.8B$2.3Bn/a$762M
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
11 events
  • Dec 31, 2024Holding started
    Deseret Mutual Master Retirement Plan first reports an interest in Senior Housing Partners V (Prudential Insurance Company of Ame): $13M at 2024-12-31
    with Prudential Insurance Company of Ameaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Deseret Mutual Master Retirement Plan first reports an interest in Brandes International Fundamental: $13M at 2024-12-31
    with Brandes International Fundamentalaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Deseret Mutual Master Retirement Plan first reports an interest in Russell 3000 Index Fund: $5M at 2024-12-31
    with Russell 3000 Index Fundaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Deseret Mutual Master Retirement Plan first reports an interest in Acwi Ex-Us Superfund: $21M at 2024-12-31
    with Acwi Ex-Us Superfundaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Deseret Mutual Master Retirement Plan no longer reports Bridgewater Pure Alpha Fund, Ltd (last held $50M at 2023-12-31; absent from the 2024-12-31 filing)
    with Bridgewater Pure Alpha Fund, Ltdaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Mercer Investments LLC appears on Deseret Mutual Master Retirement Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Mercer Investments LLCaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    Alston & Bird LLP appears on Deseret Mutual Master Retirement Plan's Schedule C as general consultant (plan year 2024 vs 2023)
    with Alston & Bird LLPaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Deseret Mutual Master Retirement Plan funded ratio 143.9% -> 135.3% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding started
    Deseret Mutual Master Retirement Plan first reports an interest in Mondrian Intl Eqty Focused Fund, LP: $30M at 2023-12-31
    with Mondrian Intl Eqty Focused Fund, LPaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Deseret Mutual Master Retirement Plan funded ratio 147.6% -> 143.9% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Deseret Mutual Master Retirement Plan plan assets $8.9B -> $7.6B (-15.0%, 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 870440163-001
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.