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

Non-Contributory Retirement Program for Certain Employees of Hawaii Medical Service Association

Corporate pensionHonolulu, HI
Assets
$232M
Total assets, Dec 31, 2024 reported
Funded
102.2%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
27
none on the tape
Plan sponsor: Hawaii Medical Service Association
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Common/collective trusts 100.0%
Consultants and advisers
2 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
5 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
27 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024NT Collective Govt Short Term Invtcollective trustNorthern Trust Collective Eafe IndeCash$11.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024IR & M Long Govt Credit Fundcollective trustIr&m Long Gov't Credit Fund LLCPrivate credit$23.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024CF Fiam Core Plus Commingled Pool Fcollective trustFidelity Institutional Asset MgmtFixed income$75.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective S&p 500 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$21.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Invesco Balanced-Risk Allocation Trcollective trustInvesco Balanced-Risk Alloc. TrustMulti-asset$75.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Wtc-Cif II Smid Cap Research Equitycollective trustWellington FdPublic equity$3.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Marathon-London Global Ex US Colleccollective trustNorthern Trust Investments, Inc.Pooled vehicles$9.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024CF Arrowstreet Intnatl Equ Awci Excollective trustGlobal Trust CompanyPooled vehicles$8.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024CF Ab US Small Mid Cap Corecollective trustWilmington Trust, NaPooled vehicles$3.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Govt Short Term Invtcollective trustNorthern Trust Collective Eafe IndeCash$10.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023IR & M Long Govt Credit Fundcollective trustIr&m Long Gov't Credit Fund LLCPrivate credit$24.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023CF Fiam Core Plus Commingled Pool Fcollective trustFidelity Institutional Asset MgmtFixed income$76.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective S&p 500 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$21.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Invesco Balanced-Risk Allocation Trcollective trustInvesco Balanced-Risk Alloc. TrustMulti-asset$76.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Wtc-Cif II Smid Cap Research Equitycollective trustWellington FdPublic equity$3.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Marathon-London Global Ex US Colleccollective trustNorthern Trust Investments, Inc.Pooled vehicles$11.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023CF Arrowstreet Intnatl Equ Awci Excollective trustGlobal Trust CompanyPooled vehicles$8.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023CF Ab US Small Mid Cap Corecollective trustWilmington Trust, NaPooled vehicles$3.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Govt Short Term Invtcollective trustNorthern Trust Collective Eafe IndeCash$58.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022IR & M Long Govt Credit Fundcollective trustIr&m Long Gov't Credit Fund LLCPrivate credit$17.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective S&p 500 Index Fundcollective trustNorthern Trust Collective Eafe IndePooled vehicles$23.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022CF Arrowstreet Intnatl Equ Awci Excollective trustGlobal Trust CompanyPooled vehicles$6.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022CF Ab US Small Mid Cap Corecollective trustWilmington Trust, NaPooled vehicles$2.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Marathon-London Global Ex US Colleccollective trustNorthern Trust Investments, Inc.Pooled vehicles$7.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Wtc-Cif II Smid Cap Research Equitycollective trustWellington FdPublic equity$2.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Invesco Balanced-Risk Allocation Trcollective trustInvesco Balanced-Risk Alloc. TrustMulti-asset$53.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022CF Fiam Core Plus Commingled Pool Fcollective trustFidelity Institutional Asset MgmtFixed income$54.0M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$232M Dec 31, 2024 reported Form 5500
$236M (2023-12) · $228M (2022-12)
Plan assets
$214M Jan 1, 2024 reported Form 5500
$207M (2023-01) · $149M (2022-01)
Net assets
$232M Dec 31, 2024 reported Form 5500
$236M (2023-12) · $228M (2022-12)
Funded ratio
102.2% Jan 1, 2024 reported Form 5500
99.0% (2023-01) · 87.0% (2022-01)
Funding target
$136M Jan 1, 2024 reported Form 5500
$134M (2023-01) · $143M (2022-01)
Discount rate
5.04% Jan 1, 2024 reported Form 5500
5.16% (2023-01) · 5.32% (2022-01)
Participants
1,334 Jan 1, 2024 reported Form 5500
1,404 (2023-01) · 1,555 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$12.8M Dec 31, 2024 reported Form 5500
$12.7M (2023-12) · $24.6M (2022-12)
Net investment income
$-3.6M Dec 31, 2024 reported Form 5500
$7.9M (2023-12) · $66.7M (2022-12)
Investment management fees
$57,713 Dec 31, 2024 reported Form 5500
$47,249 (2023-12) · $43,145 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20241,334$214M$136M102.2%$232Mn/an/an/a
2023 to Dec 31, 20231,404$207M$134M99.0%$236Mn/an/an/a
2022 to Dec 31, 20221,555$149M$143M87.0%$228Mn/an/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Income Research & Management, Inc. codes 28 $57,713 PY2024
  • Northern Trust Company codes 21 $24,695 PY2024
  • CF Equity Fund Apl - Ir&m Long Govt Sched. D C $23.0M PY2024
  • CF Fiam Core Plus Commingled Pool F Sched. D C $75.4M PY2024
  • MFB Nt Collective S&p500 Index Fund Sched. D C $21.1M PY2024
  • CF Metwest Total Return Bond Classc Sched. D C $75.5M PY2024
  • Ntgi Collective Govt Short Term Inv Sched. D C $11.8M PY2024
  • CF Maraton-London Ex US Sched. D C $9.5M PY2024
  • CF Arrowstreet Intnatl Equ Awci Ex Sched. D C $8.6M PY2024
  • CF Ab US Small Mid Cap Core Sched. D C $3.5M PY2024
  • CF Wtc-Cif II Smid Cap Research Equ Sched. D C $3.5M PY2024
  • AON Consulting, Inc. codes 11 PY2024
  • Northern Trust Company codes 21 $48,052 PY2023
  • Income Research & Management, Inc. codes 28 $47,249 PY2023
  • CF Wtc-Cif II Smid Cap Research Equ Sched. D C $3.9M PY2023
  • Ntgi Collective Govt Short Term Inv Sched. D C $10.8M PY2023
  • CF Equity Fund Apl - Ir&m Long Govt Sched. D C $24.0M PY2023
  • CF Fiam Core Plus Commingled Pool F Sched. D C $76.2M PY2023
  • MFB Nt Collective S&p500 Index Fund Sched. D C $21.3M PY2023
  • CF Metwest Total Return Bond Classc Sched. D C $76.4M PY2023
  • CF Maraton-London Ex US Sched. D C $11.4M PY2023
  • CF Arrowstreet Intnatl Equ Awci Ex Sched. D C $8.0M PY2023
  • CF Ab US Small Mid Cap Core Sched. D C $3.8M PY2023
  • AON Consulting, Inc. codes 11 PY2023
  • Northern Trust Company codes 21 $57,760 PY2022
  • Income Research & Management, Inc. codes 28 $43,145 PY2022
  • CF Metwest Total Return Bond Classd Sched. D C PY2022
  • MFB Nt Collective S&p500 Index Fund Sched. D C $23.9M PY2022
  • NT Collective Extended Equity Index Sched. D C PY2022
  • CF Fiam Core Plus Commingled Pool C Sched. D C PY2022
  • Ntgi Collective Gov Short Term Inv Sched. D C PY2022
  • CF Arrowstreet Intnatl Equ Awci Ex Sched. D C $6.9M PY2022
  • CF Ab US Small Mid Cap Core Sched. D C $2.7M PY2022
  • CF Maraton-London Ex US Sched. D C $7.6M PY2022
  • CF Metwest Total Return Bond Classc Sched. D C $53.8M PY2022
  • Ntgi Collective Govt Short Term Inv Sched. D C $58.8M PY2022
  • CF Equity Fund Apl - Ir&m Long Govt Sched. D C $17.4M PY2022
  • CF Fiam Core Plus Commingled Pool F Sched. D C $54.0M PY2022
  • CF Wtc-Cif II Smid Cap Research Equ Sched. D C $2.7M PY2022
  • AON Consulting, Inc. codes 11 PY2022
What changed
3 events
  • Jan 1, 2024Funded status changed
    Non-Contributory Retirement Program for Certain Employees of Hawaii Medical Service Association funded ratio 99.0% -> 102.2% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Non-Contributory Retirement Program for Certain Employees of Hawaii Medical Service Association funded ratio 87.0% -> 99.0% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Non-Contributory Retirement Program for Certain Employees of Hawaii Medical Service Association plan assets $149M -> $207M (+38.9%, 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 990040115-001
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.