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
Pierce Manufacturing Inc. Pension Plan
Corporate pensionAppleton, WI
Assets
$166M
Total assets, Dec 31, 2025 reported
Funded
106.3%
Jan 1, 2025
Private markets target
n/a
policy Dec 31, 2025
Commitments
0
4 managers on Schedule C
Plan sponsor: Pierce Manufacturing, Inc.
Allocation policy
Form 5500, as of Dec 31, 2025
Actual allocation lines without a target (as filed)
- Master trust investment accounts 100.0%
Consultants and advisers
4 firms
- Baird Pension consultantthrough Dec 31, 2025 Form 5500
- Hewitt Associates Actuarythrough Dec 31, 2025 Form 5500
- Principal Custody Solutions Trusteethrough Dec 31, 2025 Form 5500
- AON Consulting, Inc. Actuarythrough Dec 31, 2025 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on Schedule C
From Schedule C (investment management, code 28)
- Systematic Financial Managementplan years 2025
- Earnest Partnersplan years 2025
- Diamond Hill Capital Management Incplan years 2025
- Huntington Bancshares Incorporatedplan years 2024
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
42 readings
Total assets
$157M (2024-12) · $147M (2023-12) · $133M (2022-12)
Funded ratio
108.2% (2024-01) · 109.3% (2023-01) · 119.2% (2022-01)
Funding target
$139M (2024-01) · $134M (2023-01) · $126M (2022-01)
Discount rate
5.23% (2024-01) · 5.32% (2023-01) · 5.50% (2022-01)
Benefits paid
$6.0M (2024-12) · $5.4M (2023-12) · $4.7M (2022-12)
Net investment income
$10.4M (2024-12) · $13.4M (2023-12) · $-31.2M (2022-12)
Investment management fees
$672,493 (2024-12) · $612,677 (2023-12) · $571,365 (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 | 1,860 | $157M | $139M | 106.3% | $166M | n/a | $166M | n/a |
| 2024 to Dec 31, 2024 | 1,877 | $147M | $139M | 108.2% | $157M | n/a | $157M | n/a |
| 2023 to Dec 31, 2023 | 1,880 | $133M | $134M | 109.3% | $147M | n/a | $147M | n/a |
| 2022 to Dec 31, 2022 | 1,892 | $165M | $126M | 119.2% | $133M | n/a | $133M | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- AON Hewitt Associates codes 11 15 17 50 $288,286 PY2025
- Systematic Financial Management codes 28 50 51 $158,173 PY2025
- Earnest Partners codes 28 50 51 $132,781 PY2025
- Diamond Hill Capital Management Inc codes 28 50 51 $85,865 PY2025
- Robert W. Baird codes 17 33 50 $79,182 PY2025
- Principal Bank codes 21 49 50 $60,621 PY2025
- Employees' Retirement Trust Sched. D M $166M PY2025
- AON Consulting, Inc. codes 11 PY2025
- AON Hewitt Associates codes 11 15 17 50 $229,195 PY2024
- Systematic Financial Management codes 28 50 51 $153,030 PY2024
- Earnest Partners codes 28 50 51 $129,045 PY2024
- Huntington National Bank codes 28 50 51 $84,514 PY2024
- Robert W. Baird codes 17 33 50 $76,709 PY2024
- Principal Bank codes 21 49 50 $60,102 PY2024
- Employees' Retirement Trust Sched. D M $157M PY2024
- AON Consulting, Inc. codes 11 PY2024
- AON Hewitt Associates codes 11 15 17 50 $221,901 PY2023
- Systematic Financial Management codes 28 50 51 $138,336 PY2023
- Earnest Partners codes 28 50 51 $113,818 PY2023
- Diamond Hill Capital Management Inc codes 28 50 51 $71,089 PY2023
- Robert W. Baird codes 17 33 50 $68,283 PY2023
- Principal Bank codes 21 49 50 $64,801 PY2023
- Employees' Retirement Trust Sched. D M $147M PY2023
- AON Consulting, Inc. codes 11 PY2023
- AON Hewitt Associates codes 11 15 17 50 $248,197 PY2022
- Systematic Financial Management codes 52 68 $148,098 PY2022
- Earnest Partners codes 28 50 51 $123,204 PY2022
- Diamond Hill Capital Management Inc codes 28 50 51 $81,481 PY2022
- Principal Bank codes 21 49 50 $56,326 PY2022
- Robert W. Baird codes 17 33 50 $56,065 PY2022
- Employees' Retirement Trust Sched. D M $133M PY2022
- AON Consulting, Inc. codes 11 PY2022
What changed
9 events
- Dec 31, 2025Manager relationship startedDiamond Hill Capital Management Inc appears on Pierce Manufacturing Inc. Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)with Diamond Hill Capital Management Incaskebsa.dol.gov
- Dec 31, 2025Manager relationship endedinferenceHuntington National Bank no longer appears on Pierce Manufacturing Inc. Pension Plan's Schedule C as investment manager (plan year 2025 vs 2024)with Huntington Bancshares Incorporatedaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedHuntington National Bank appears on Pierce Manufacturing Inc. Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Huntington Bancshares Incorporatedaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceDiamond Hill Capital Management Inc no longer appears on Pierce Manufacturing Inc. Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Diamond Hill Capital Management Incaskebsa.dol.gov
- Jan 1, 2024Assets changedPierce Manufacturing Inc. Pension Plan plan assets $133M -> $147M (+10.1%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Manager relationship startedSystematic Financial Management appears on Pierce Manufacturing Inc. Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Systematic Financial Managementaskebsa.dol.gov
- Dec 31, 2023Assets changedPierce Manufacturing Inc. Pension Plan total assets $133M -> $147M (+10.1%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedPierce Manufacturing Inc. Pension Plan funded ratio 119.2% -> 109.3% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedPierce Manufacturing Inc. Pension Plan plan assets $165M -> $133M (-19.0%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 390139830-001
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.