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

The Queen's Health Systems Pension Plan

Corporate pensionHonolulu, HI
Assets
$468M
Total assets, Dec 31, 2024 reported
Funded
105.2%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
15
none on the tape
Plan sponsor: The Queen's Health Systems
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.6%
  • Corporate debt instruments (other) 10.6%
  • Corporate debt instruments (preferred) 9.8%
  • U.S. Government securities 34.8%
  • Other investments 1.2%
  • Partnership/joint venture interests 13.0%
  • 103-12 investment entities 5.8%
  • Common/collective trusts 19.8%
  • Registered investment companies 1.8%
  • Common stock 1.8%
Consultants and advisers
3 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
15 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Arrowstreet Global Equity Alpha Ext103 12 ieArrow Street CapitalPublic equity$27.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024EB Temporary Investmentcollective trustBNY MellonPooled vehicles$42.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street Msci Eafe Index Non-Lecollective trustState Street - Russell 2000Pooled vehicles$8.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ssga Canada Msci Index Nlcollective trustState Street - Russell 2000Pooled vehicles$1.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street S&p 500 Index Non-Lendcollective trustState Street - Russell 2000Pooled vehicles$40.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Arrowstreet Global Equity Alpha Ext103 12 ieArrow Street CapitalPublic equity$27.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023EB Temporary Investmentcollective trustBNY MellonPooled vehicles$14.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street Msci Eafe Index Non-Lecollective trustState Street - Russell 2000Pooled vehicles$10.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ssga Canada Msci Index Nlcollective trustState Street - Russell 2000Pooled vehicles$1.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street S&p 500 Index Non-Lendcollective trustState Street - Russell 2000Pooled vehicles$44.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Arrowstreet Global Equity Alpha Ext103 12 ieArrow Street CapitalPublic equity$25.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022EB Temporary Investmentcollective trustBNY MellonPooled vehicles$5.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street Msci Eafe Index Non-Lecollective trustState Street - Russell 2000Pooled vehicles$9.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ssga Canada Msci Index Nlcollective trustState Street - Russell 2000Pooled vehicles$1.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street S&p 500 Index Non-Lendcollective trustState Street - Russell 2000Pooled vehicles$40.0M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$468M Dec 31, 2024 reported Form 5500
$505M (2023-12) · $478M (2022-12)
Plan assets
$477M Jan 1, 2024 reported Form 5500
$450M (2023-01) · $589M (2022-01)
Net assets
$452M Dec 31, 2024 reported Form 5500
$474M (2023-12) · $447M (2022-12)
Funded ratio
105.2% Jan 1, 2024 reported Form 5500
102.4% (2023-01) · 117.7% (2022-01)
Funding target
$424M Jan 1, 2024 reported Form 5500
$424M (2023-01) · $404M (2022-01)
Discount rate
5.14% Jan 1, 2024 reported Form 5500
5.05% (2023-01) · 5.46% (2022-01)
Participants
8,043 Jan 1, 2024 reported Form 5500
8,030 (2023-01) · 8,285 (2022-01)
Contributions
$4.8M Dec 31, 2024 reported Form 5500
$10.1M (2023-12) · $12.3M (2022-12)
Benefits paid
$32.0M Dec 31, 2024 reported Form 5500
$25.7M (2023-12) · $24.3M (2022-12)
Net investment income
$-22.3M Dec 31, 2024 reported Form 5500
$27.2M (2023-12) · $-139M (2022-12)
Investment management fees
$754,734 Dec 31, 2024 reported Form 5500
$878,273 (2023-12) · $644,757 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20248,043$477M$424M105.2%$468M$60.9Mn/an/a
2023 to Dec 31, 20238,030$450M$424M102.4%$505M$63.1Mn/an/a
2022 to Dec 31, 20228,285$589M$404M117.7%$478M$68.1Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
3 events
  • Jan 1, 2024Funded status changed
    The Queen's Health Systems Pension Plan funded ratio 102.4% -> 105.2% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    The Queen's Health Systems Pension Plan funded ratio 117.7% -> 102.4% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    The Queen's Health Systems Pension Plan plan assets $589M -> $450M (-23.7%, 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 990238120-001
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.