Mgic Pension Plan

Corporate pension· Milwaukee, Wisconsin

Corporate pension, based in Milwaukee, Wisconsin, reporting $401M in assets, for 1,700 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$401M
Funded ratio
88.0%
Fund commitments
5
Managers
2
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 31 Dec 2024, Mgic Pension Plan no longer reports CTF Durable Companies (last held $12M at 2023-12-31; absent from the 2024-12-31 filing).

8 more commitments and 1 more dated event

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

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Capital path

who backs this record, through what, into what; each name opens its own path
Mgic Pension Plan
Funds committed to
All 5
Managers

Relationship network

17 connected entities11 observed commitments5 repeat counterpartiescommitments 2022 to 2024

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Fund or vehicle
  • Service provider
  • Organization
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesCorporate pensionShow
Corporate pension
Assets
$401M
Total assets, Dec 31, 2024 reported
Funded
88.0%
Jan 1, 2024
Private markets target
no policy read
policy Dec 31, 2024
Commitments
5
3 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)

+1 more Schedule C manager

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

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 Trust Company, Naaskebsa.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)

+1 more dated event

Every name, record and relationship behind this count, with the source on each.

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Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

11 rows, 0 dated closings
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 Trust Company, NaPooled vehicles$12.2M heldDisclosed holdingaskebsa.dol.gov

+8 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

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%$401MNot disclosedNot disclosedNot disclosed
2023 to Dec 31, 20231,803$256M$290M80.0%$392MNot disclosedNot disclosedNot disclosed
2022 to Dec 31, 20221,839$398M$296M119.7%$367MNot disclosedNot disclosedNot disclosed
Service providers and investment entities as filed (Schedule C and D, latest year first)

+22 more service providers

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Provenance

Identifiers: EIN-PN 391486475-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 29, 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.

Record history

6 dated events on the change ledger, latest event first
  • Holding in a pooled vehicle ended
    2024-12-31source on record
  • Holding in a pooled vehicle started
    2024-12-31source on record
  • Holding in a pooled vehicle ended
    2024-12-31source on record

+3 more changes on this record's ledger

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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+7 connections on the graph

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