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
Employees Annuity Plan - Products (se)pipe Line Corporation
Corporate pensionHouston, TX
Assets
$18.1M
Total assets, Dec 31, 2024 reported
Funded
87.8%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
23
1 managers on Schedule C
Plan sponsor: Products (se) Pipe Line Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Interest-bearing cash 1.1%
- Non-interest-bearing cash 0.3%
- Common/collective trusts 95.8%
Consultants and advisers
2 firms
- Mercer Investments LLC Actuarythrough Dec 31, 2024 Form 5500
- Mercer 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
- State Street Global Advisors Trust6 rows, latest Dec 31, 2024
- State Street - Russell 20003 rows, latest Dec 31, 2024
From Schedule C (investment management, code 28)
- Mercerplan years 2024
- Mercer Investments LLCplan years 2022
- AXA Equitable Life Ins Coplan years 2022
Commitments
23 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, 2024 | Mercer Active Long Corporate Fixedcollective trust | Mercer Group Trust Company | Fixed income | $4.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Ssga Russell All Cap Index N Lendincollective trust | State Street Global Advisors Trust | Pooled vehicles | $4.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Mercer Long Strips Fixed Incomecollective trust | Mercer Collective Trust | Fixed income | $3.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Mercer Opportunistic Fixed Incomecollective trust | Mercer Collective Trust | Hedge / diversifiers | $1.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | International Index Non-Lending Sercollective trust | State Street Global Advisors Trust | Pooled vehicles | $2.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Ssga Emerging Mkts Equity Indx acollective trust | State Street - Russell 2000 | Public equity | $1.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Mercer US Core Real Estate Portfolicollective trust | Mercer Collective Trust | Real estate | $668,437 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Ssga Emerging Mkts Equity Indx acollective trust | State Street - Russell 2000 | Public equity | $1.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Mercer US Core Real Estate Portfolicollective trust | Mercer Collective Trust | Real estate | $711,737 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Mercer Active Long Corporate Fixedcollective trust | Mercer Group Trust Company | Fixed income | $5.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Mercer Passive Long Government Fixecollective trust | Mercer Collective Trust | Pooled vehicles | $776,885 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Ssga Russell All Cap Index N Lendincollective trust | State Street Global Advisors Trust | Pooled vehicles | $5.0M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Mercer Long Strips Fixed Incomecollective trust | Mercer Collective Trust | Fixed income | $3.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Mercer Opportunistic Fixed Incomecollective trust | Mercer Collective Trust | Hedge / diversifiers | $1.1M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | International Index Non-Lending Sercollective trust | State Street Global Advisors Trust | Pooled vehicles | $2.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Active Long Corporate Fixedcollective trust | Mercer Group Trust Company | Fixed income | $2.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Passive Long Government Fixecollective trust | Mercer Collective Trust | Pooled vehicles | $460,346 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Ssga Russell All Cap Index N Lendincollective trust | State Street Global Advisors Trust | Pooled vehicles | $2.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Long Strips Fixed Incomecollective trust | Mercer Collective Trust | Fixed income | $469,615 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer Opportunistic Fixed Incomecollective trust | Mercer Collective Trust | Hedge / diversifiers | $659,532 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | International Index Non-Lending Sercollective trust | State Street Global Advisors Trust | Pooled vehicles | $1.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Ssga Emerging Mkts Equity Indx acollective trust | State Street - Russell 2000 | Public equity | $778,199 held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Mercer US Core Real Estate Portfolicollective trust | Mercer Collective Trust | Real estate | $804,214 held | Disclosed holding | askebsa.dol.gov |
Size and funding
33 readings
Investment management fees
$163,063 (2023-12) · $146,280 (2022-12)
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 115 | $21.0M | $23.9M | 87.8% | $18.1M | n/a | n/a | n/a |
| 2023 to Dec 31, 2023 | 121 | $20.2M | $23.6M | 80.0% | $21.0M | n/a | n/a | n/a |
| 2022 to Dec 31, 2022 | 195 | $35.8M | $35.0M | 102.2% | $22.4M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Mercer Investment LLC codes 11 17 50 $146,148 PY2024
- Mercer (US) Inc. codes 51 52 $60,512 PY2024
- Mcconnell & Jones, LLP codes 10 50 $24,037 PY2024
- Northern Trust Custody codes 15 $5,306 PY2024
- Telus Health codes 14 50 $5,137 PY2024
- Mercer Passive Long Govt Fixed Inc Sched. D C PY2024
- Ssga Russell All Cap Index N Lendin Sched. D C $4.5M PY2024
- Mercer Long Strips Sched. D C $3.4M PY2024
- Mercer Opportunistic Fixed Income Sched. D C $1.0M PY2024
- Ssga Intl Stock Nl Sf Class a Sched. D C $2.3M PY2024
- Ssga Emerging Mkts Equity Indx a Sched. D C $1.2M PY2024
- Merser US Core T Real Estate Sched. D C $668,437 PY2024
- Mercer Active Long Corporate Fixed Sched. D C $4.3M PY2024
- Mercer codes 11 PY2024
- Mercer Investment Consulting codes 51 52 $146,594 PY2023
- Mercer (US) Inc. codes 11 17 50 $66,608 PY2023
- Mcconnell & Jones LLP codes 10 50 $23,175 PY2023
- AXA Equitable Life Insurance codes 13 28 50 $16,469 PY2023
- Stoel Rives LLP codes 29 50 $7,464 PY2023
- Northern Trust Custody codes 15 $6,024 PY2023
- Lifeworks codes 14 50 $5,543 PY2023
- Mercer Opportunistic Fixed Income Sched. D C $1.1M PY2023
- Ssga Emerging Mkts Equity Indx a Sched. D C $1.3M PY2023
- Merser US Core T Real Estate Sched. D C $711,737 PY2023
- Mercer Active Long Corporate Fixed Sched. D C $5.0M PY2023
- Mercer Passive Long Govt Fixed Inc Sched. D C $776,885 PY2023
- Ssga Russell All Cap Index N Lendin Sched. D C $5.0M PY2023
- Mercer Long Strips Sched. D C $3.1M PY2023
- Ssga Intl Stock Nl Sf Class a Sched. D C $2.7M PY2023
- Mercer codes 11 PY2023
- Mercer Investment Consulting codes 51 52 $146,280 PY2022
- Mercer (US) Inc. codes 11 17 50 $52,732 PY2022
- AXA Equitable Life Insurance codes 13 28 50 $22,761 PY2022
- Prudential Insurance Co of America codes 13 50 $14,275 PY2022
- HAM Langston & Brezina, LLP codes 10 50 $13,640 PY2022
- Stoel Rives LLP codes 29 50 $11,818 PY2022
- Lifeworks codes 14 50 $5,564 PY2022
- Mercer Active Long Corporate Fixed Sched. D C $2.2M PY2022
- Mercer Passive Long Govt Fixed Inc Sched. D C $460,346 PY2022
- Ssga Russell All Cap Index N Lendin Sched. D C $2.8M PY2022
- Mercer Long Strips Sched. D C $469,615 PY2022
- Mercer Opportunistic Fixed Income Sched. D C $659,532 PY2022
- Ssga Intl Stock Nl Sf Class a Sched. D C $1.6M PY2022
- Ssga Emerging Mkts Equity Indx a Sched. D C $778,199 PY2022
- Merser US Core T Real Estate Sched. D C $804,214 PY2022
- Mercer codes 11 PY2022
What changed
6 events
- Dec 31, 2024Holding endedinferenceEmployees Annuity Plan - Products (se)pipe Line Corporation no longer reports Mercer Passive Long Government Fixe (last held $776,885 at 2023-12-31; absent from the 2024-12-31 filing)with Mercer Passive Long Government Fixeaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceAXA Equitable Life Insurance no longer appears on Employees Annuity Plan - Products (se)pipe Line Corporation's Schedule C as investment manager (plan year 2024 vs 2023)with AXA Equitable Life Ins Coaskebsa.dol.gov
- Dec 31, 2024Assets changedEmployees Annuity Plan - Products (se)pipe Line Corporation total assets $21M -> $18M (-13.9%, 2023-12-31 to 2024-12-31)
- Jan 1, 2024Funded status changedEmployees Annuity Plan - Products (se)pipe Line Corporation funded ratio 80.0% -> 87.8% (2023-01-01 to 2024-01-01)
- Jan 1, 2023Funded status changedEmployees Annuity Plan - Products (se)pipe Line Corporation funded ratio 102.2% -> 80.0% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedEmployees Annuity Plan - Products (se)pipe Line Corporation plan assets $36M -> $20M (-43.6%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 580388035-002
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.