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

First Horizon Corporation Pension Plan

Corporate pensionMemphis, TN
Assets
$603M
Total assets, Dec 31, 2024 reported
Funded
85.4%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
9
none on the tape
Plan sponsor: First Horizon Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 1.8%
  • Corporate debt instruments (other) 48.5%
  • U.S. Government securities 1.6%
  • Common/collective trusts 43.5%
  • Registered investment companies 3.9%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
9 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Intermediate Credit Bond Fundcollective trustAON Hewitt Investment Consulting, IPrivate credit$158M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Long Term Govt Bond Index Fundcollective trustBlackrock Insti. Trust Company, N.AFixed income$79.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Intermediate Govt Bond Index Fundcollective trustBlackrock Institutional Trust Co,naFixed income$24.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Intermediate Credit Bond Fundcollective trustAON Hewitt Investment Consulting, IPrivate credit$183M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Long Term Govt Bond Index Fundcollective trustBlackrock Insti. Trust Company, N.AFixed income$101M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Intermediate Govt Bond Index Fundcollective trustBlackrock Institutional Trust Co,naFixed income$31.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Intermediate Credit Bond Fundcollective trustAON Hewitt Investment Consulting, IPrivate credit$181M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Long Term Govt Bond Index Fundcollective trustBlackrock Insti. Trust Company, N.AFixed income$92.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Intermediate Govt Bond Index Fundcollective trustBlackrock Institutional Trust Co,naFixed income$32.7M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$603M Dec 31, 2024 reported Form 5500
$675M (2023-12) · $664M (2022-12)
Plan assets
$651M Jan 1, 2024 reported Form 5500
$641M (2023-01) · $849M (2022-01)
Net assets
$601M Dec 31, 2024 reported Form 5500
$673M (2023-12) · $662M (2022-12)
Funded ratio
85.4% Jan 1, 2024 reported Form 5500
81.1% (2023-01) · 110.0% (2022-01)
Funding target
$639M Jan 1, 2024 reported Form 5500
$654M (2023-01) · $627M (2022-01)
Discount rate
5.14% Jan 1, 2024 reported Form 5500
5.07% (2023-01) · 5.41% (2022-01)
Participants
5,295 Jan 1, 2024 reported Form 5500
5,319 (2023-01) · 5,377 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$67.7M Dec 31, 2024 reported Form 5500
$38.1M (2023-12) · $35.5M (2022-12)
Net investment income
$-72.0M Dec 31, 2024 reported Form 5500
$11.9M (2023-12) · $-212M (2022-12)
Investment management fees
$1.6M Dec 31, 2024 reported Form 5500
$1.4M (2023-12) · $1.5M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20245,295$651M$639M85.4%$603Mn/an/an/a
2023 to Dec 31, 20235,319$641M$654M81.1%$675Mn/an/an/a
2022 to Dec 31, 20225,377$849M$627M110.0%$664Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
6 events
  • Dec 31, 2024Consultant changedinference
    Robert Half International, Inc no longer appears on First Horizon Corporation Pension Plan's Schedule C as pension consultant (plan year 2024 vs 2023)
    with Robert Halfaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    First Horizon Corporation Pension Plan total assets $675M -> $603M (-10.6%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    First Horizon Corporation Pension Plan funded ratio 81.1% -> 85.4% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Consultant changedinference
    Robert Half International, Inc appears on First Horizon Corporation Pension Plan's Schedule C as pension consultant (plan year 2023 vs 2022)
    with Robert Halfaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    First Horizon Corporation Pension Plan funded ratio 110.0% -> 81.1% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    First Horizon Corporation Pension Plan plan assets $849M -> $641M (-24.5%, 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 620803242-001
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.