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

Mgic Pension Plan

Corporate pensionMilwaukee, WI
Assets
$401M
Total assets, Dec 31, 2024 reported
Funded
88.0%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
11
1 managers on Schedule C
Plan sponsor: Mgic Investment Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.9%
  • Corporate debt instruments (preferred) 32.9%
  • U.S. Government securities 5.5%
  • Other investments 7.8%
  • Common/collective trusts 11.6%
  • Registered investment companies 38.9%
Consultants and advisers
2 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
From Schedule C (investment management, code 28)
Commitments
11 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Wtc-Cif Enduring Assetscollective trustWellington Trust Company, NaPooled vehicles$11.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024CIF Global Research Equitycollective trustWellington Trust Company, NaPublic equity$22.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Wtc-Cif II Downside Alpha Opportunicollective trustWellington FdPooled vehicles$12.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023CTF Global Quality Growthcollective trustWellingtonPooled vehicles$5.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023CTF Durable Companiescollective trustWellingtonPooled vehicles$11.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Wtc-Cif Enduring Assetscollective trustWellington Trust Company, NaPooled vehicles$11.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023CIF Global Research Equitycollective trustWellington Trust Company, NaPublic equity$17.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022CTF Durable Companiescollective trustWellingtonPooled vehicles$13.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Wtc-Cif Enduring Assetscollective trustWellington Trust Company, NaPooled vehicles$12.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022CIF Global Research Equitycollective trustWellington Trust Company, NaPublic equity$17.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022CTF Global Quality Growthcollective trustWellingtonPooled vehicles$7.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$401M Dec 31, 2024 reported Form 5500
$392M (2023-12) · $367M (2022-12)
Plan assets
$258M Jan 1, 2024 reported Form 5500
$256M (2023-01) · $398M (2022-01)
Net assets
$400M Dec 31, 2024 reported Form 5500
$392M (2023-12) · $367M (2022-12)
Funded ratio
88.0% Jan 1, 2024 reported Form 5500
80.0% (2023-01) · 119.7% (2022-01)
Funding target
$262M Jan 1, 2024 reported Form 5500
$290M (2023-01) · $296M (2022-01)
Discount rate
5.12% Jan 1, 2024 reported Form 5500
5.25% (2023-01) · 5.42% (2022-01)
Participants
1,700 Jan 1, 2024 reported Form 5500
1,803 (2023-01) · 1,839 (2022-01)
Contributions
$7.5M Dec 31, 2024 reported Form 5500
$23.0M (2023-12) · $0 (2022-12)
Benefits paid
$23.1M Dec 31, 2024 reported Form 5500
$43.9M (2023-12) · $55.9M (2022-12)
Net investment income
$8.9M Dec 31, 2024 reported Form 5500
$24.5M (2023-12) · $-169M (2022-12)
Investment management fees
$968,444 Dec 31, 2024 reported Form 5500
$926,353 (2023-12) · $1.2M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20241,700$258M$262M88.0%$401Mn/an/an/a
2023 to Dec 31, 20231,803$256M$290M80.0%$392Mn/an/an/a
2022 to Dec 31, 20221,839$398M$296M119.7%$367Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Willis Towers Watson codes 11 14 17 $1.0M PY2024
  • Wellington Management codes 28 51 $946,961 PY2024
  • U.S. Bank codes 12 14 15 19 21 27 31 64 65 $96,313 PY2024
  • CIF Global Reserve Equity Sched. D C $22.8M PY2024
  • CTF Durable Companies Sched. D C PY2024
  • CIF Enduring Assets Sched. D C $11.4M PY2024
  • CTF Global Quality Growth Sched. D C PY2024
  • WTC II Downside Alpha Opportunity Sched. D C $12.2M PY2024
  • Willis Towers Watson US LLC codes 11 PY2024
  • Willis Towers Watson codes 11 14 17 $1.3M PY2023
  • Wellington Management codes 28 51 $966,985 PY2023
  • U.S. Bank codes 12 14 15 19 21 27 31 64 65 $90,791 PY2023
  • CTF Durable Companies Sched. D C $11.5M PY2023
  • CIF Enduring Assets Sched. D C $11.1M PY2023
  • CIF Global Reserve Equity Sched. D C $17.0M PY2023
  • CTF Global Quality Growth Sched. D C $5.9M PY2023
  • Willis Towers Watson US LLC codes 11 PY2023
  • Willis Towers Watson codes 11 14 17 $2.1M PY2022
  • Wellington Management codes 28 51 $1.7M PY2022
  • U.S. Bank codes 12 14 15 19 21 27 31 64 65 $128,017 PY2022
  • CTF Durable Companies Sched. D C $13.7M PY2022
  • CIF Enduring Assets Sched. D C $12.8M PY2022
  • CIF Global Reserve Equity Sched. D C $17.3M PY2022
  • CTF Global Quality Growth Sched. D C $7.5M PY2022
  • Willis Towers Watson US LLC codes 11 PY2022
What changed
6 events
  • Dec 31, 2024Holding endedinference
    Mgic Pension Plan no longer reports CTF Durable Companies (last held $12M at 2023-12-31; absent from the 2024-12-31 filing)
    with CTF Durable Companiesaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Mgic Pension Plan first reports an interest in Wtc-Cif II Downside Alpha Opportuni (Wellington Fd): $12M at 2024-12-31
    with Wellington Fdaskebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Mgic Pension Plan no longer reports CTF Global Quality Growth (last held $6M at 2023-12-31; absent from the 2024-12-31 filing)
    with CTF Global Quality Growthaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Mgic Pension Plan funded ratio 80.0% -> 88.0% (2023-01-01 to 2024-01-01)
  • Jan 1, 2023Funded status changed
    Mgic Pension Plan funded ratio 119.7% -> 80.0% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Mgic Pension Plan plan assets $398M -> $256M (-35.6%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 391486475-001
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.