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

EMC National Life Company Employees Cash Balance Plan

Corporate pensionDES Moines, IA

Assets

$11.6M

Plan assets, Jan 1, 2025 reported

Funded

92.1%

Jan 1, 2025

Private markets target

n/a

no policy read

Commitments

1 managers on Schedule C

Plan sponsor: EMC National Life Company

Allocation policy

No allocation policy has been read for this allocator yet. Public systems get theirs from the ACFR; corporate plans from the sponsor’s 10-K; plans from Schedule H lines.

Consultants and advisers

1 firms

Empower Actuarythrough Dec 31, 2025 Form 5500

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

Prudential Retirement & Annuity Ins60 rows, latest Dec 31, 2025
Prudential Insurance Company of Ame4 rows, latest Dec 31, 2025

From Schedule C (investment management, code 28)

Prudential Retirement & Annuity Insplan years 2025

Commitments

64 rows, 0 dated closings

Disclosed holdings (from the plan’s performance or holdings report, as of the report date)

Date	Fund	Manager	Bucket	Amount	Status	Source
as of Dec 31, 2025	Core Plus Bond / Pgim Fundseparate account	Prudential Retirement & Annuity Ins	Fixed income	$1.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Small Cap Growth/emeraldseparate account	Prudential Retirement & Annuity Ins	Public equity	$623,632 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	International Blend/lazardseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$953,850 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	International Growth/artisanseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$1.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Intl Bld II Fd (mngd by Mfs)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$919,574 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Large Cap Value/lsv Asset Mgmtseparate account	Prudential Retirement & Annuity Ins	Public equity	$685,288 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Large Cap Value/wellingtonseparate account	Prudential Retirement & Annuity Ins	Public equity	$655,456 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Largecapgrowth / Mfs Fundseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$636,422 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Mid Cap Value/robeco Fundseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$473,829 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Prudential Short-Termcollective trust	Prudential Retirement & Annuity Ins	Cash	$164,160 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Empower S&p 500 Index Sep Acct (is)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$2.0M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Small Cap Value/kennedy Capitseparate account	Prudential Retirement & Annuity Ins	Public equity	$487,336 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Large Cap Growth III Fdseparate account	Prudential Retirement & Annuity Ins	Public equity	$659,231 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Prisaseparate account	Prudential Insurance Company of Ame	Pooled vehicles	$605,254 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Core Plus Bond / Reams Fundseparate account	Prudential Retirement & Annuity Ins	Fixed income	$1.4M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Mid Cap Growth/timessquareseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$414,650 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Core Plus Bond / Pgim Fundseparate account	Prudential Retirement & Annuity Ins	Fixed income	$1.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Small Cap Growth/emeraldseparate account	Prudential Retirement & Annuity Ins	Public equity	$495,121 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Dryden S&p 500 Indexseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$1.7M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	International Blend/lazardseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$802,382 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	International Growth/artisanseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$826,331 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Intl Bld II Fd (mngd by Mfs)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$781,206 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Large Cap Value/lsv Asset Mgmtseparate account	Prudential Retirement & Annuity Ins	Public equity	$608,702 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Large Cap Value/wellingtonseparate account	Prudential Retirement & Annuity Ins	Public equity	$566,780 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Largecapgrowth / Mfs Fundseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$609,890 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mid Cap Growth I (ivy)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$405,147 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Mid Cap Value/robeco Fundseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$424,831 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Prudential Short-Termseparate account	Prudential Retirement & Annuity Ins	Cash	$196,694 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Small Cap Value/kennedy Capitseparate account	Prudential Retirement & Annuity Ins	Public equity	$467,952 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Large Cap Growth III Fdseparate account	Prudential Retirement & Annuity Ins	Public equity	$646,170 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Prisaseparate account	Prudential Insurance Company of Ame	Pooled vehicles	$578,304 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2024	Core Plus Bond / Reams Fundseparate account	Prudential Retirement & Annuity Ins	Fixed income	$1.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Core Plus Bond / Pgim Fundseparate account	Prudential Retirement & Annuity Ins	Fixed income	$1.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Core Plus Bond I (wstm Asst)separate account	Prudential Retirement & Annuity Ins	Fixed income	$1.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Dryden S&p 500 Indexseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$1.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	International Blend/lazardseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$789,957 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	International Growth/artisanseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$800,288 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Intl Bld II Fd (mngd by Mfs)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$805,402 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Large Cap Value/lsv Asset Mgmtseparate account	Prudential Retirement & Annuity Ins	Public equity	$587,646 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Large Cap Value/wellingtonseparate account	Prudential Retirement & Annuity Ins	Public equity	$578,948 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Largecapgrowth / Mfs Fundseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$605,319 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mid Cap Growth I (ivy)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$395,913 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Mid Cap Value/robeco Fundseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$423,095 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prudential Short-Termseparate account	Prudential Retirement & Annuity Ins	Cash	$179,928 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	SCG I (managed by Brown)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$454,210 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Small Cap Value/kennedy Capitseparate account	Prudential Retirement & Annuity Ins	Public equity	$489,509 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Large Cap Growth III Fdseparate account	Prudential Retirement & Annuity Ins	Public equity	$578,399 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prisaseparate account	Prudential Insurance Company of Ame	Pooled vehicles	$593,332 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Core Plus Bond / Pgim Fundseparate account	Prudential Retirement & Annuity Ins	Fixed income	$1.1M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Core Plus Bond I (wstm Asst)separate account	Prudential Retirement & Annuity Ins	Fixed income	$1.1M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Dryden S&p 500 Indexseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$1.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	International Blend/lazardseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$810,426 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	International Growth/artisanseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$828,459 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Intl Bld II Fd (mngd by Mfs)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$805,477 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Large Cap Value/lsv Asset Mgmtseparate account	Prudential Retirement & Annuity Ins	Public equity	$586,216 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Large Cap Value/wellingtonseparate account	Prudential Retirement & Annuity Ins	Public equity	$577,932 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Largecapgrowth / Mfs Fundseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$550,416 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Mid Cap Growth I (ivy)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$376,131 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Mid Cap Value/robeco Fundseparate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$408,737 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Prudential Short-Termseparate account	Prudential Retirement & Annuity Ins	Cash	$69,582 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	SCG I (managed by Brown)separate account	Prudential Retirement & Annuity Ins	Pooled vehicles	$445,383 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Small Cap Value/kennedy Capitseparate account	Prudential Retirement & Annuity Ins	Public equity	$436,683 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Large Cap Growth III Fdseparate account	Prudential Retirement & Annuity Ins	Public equity	$412,379 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2022	Prisaseparate account	Prudential Insurance Company of Ame	Pooled vehicles	$670,964 held	Disclosed holding	askebsa.dol.gov

Size and funding

20 readings

Plan assets

$11.6M Jan 1, 2025 reported Form 5500

$11.4M (2024-01) · $10.8M (2023-01) · $14.4M (2022-01)

Funded ratio

92.1% Jan 1, 2025 reported Form 5500

106.7% (2024-01) · 104.0% (2023-01) · 111.6% (2022-01)

Funding target

$8.3M Jan 1, 2025 reported Form 5500

$8.3M (2024-01) · $8.3M (2023-01) · $8.5M (2022-01)

Discount rate

5.35% Jan 1, 2025 reported Form 5500

5.09% (2024-01) · 5.22% (2023-01) · 5.38% (2022-01)

Participants

116 Jan 1, 2025 reported Form 5500

116 (2024-01) · 110 (2023-01) · 113 (2022-01)

Form 5500 filings

4 plan years

Plan year	Participants	Assets (SB market)	Funding target	FTAP	Total assets (H)	Partnerships / JV	Master trust	Real estate
2025 to Dec 31, 2025	116	$11.6M	$8.3M	92.1%	n/a	n/a	n/a	n/a
2024 to Dec 31, 2024	116	$11.4M	$8.3M	106.7%	n/a	n/a	n/a	n/a
2023 to Dec 31, 2023	110	$10.8M	$8.3M	104.0%	n/a	n/a	n/a	n/a
2022 to Dec 31, 2022	113	$14.4M	$8.5M	111.6%	n/a	n/a	n/a	n/a

Service providers and investment entities as filed (Schedule C and D, latest year first)

Empower Annuity Insurance Co codes 15 28 $17,425 PY2025
Core Plus Bond/pgim Fund Sched. D P $1.4M PY2025
Small Cap Growth/emerald Sched. D P $623,632 PY2025
Dryden S&p 500 Index Sched. D P PY2025
International Blend Iii/schroders Sched. D P $953,850 PY2025
International Growth/artisan Sched. D P $1.0M PY2025
Intl Bld II Fd (mngd by Mfs) Sched. D P $919,574 PY2025
Large Cap Value/lsv Asset Mgmt Sched. D P $685,288 PY2025
Large Cap Value/wellington Sched. D P $655,456 PY2025
Large Cap Growth/mfs Fund Sched. D P $636,422 PY2025
Mid Cap Growth I (ivy) Sched. D P PY2025
Mid Cap Value Fund/boston Sched. D P $473,829 PY2025
Pgim Short Term Fund Sched. D C $164,160 PY2025
Empower S&p 500 Index Sep Acct (is) Sched. D P $2.0M PY2025
Small Cap Value/kennedy Capit Sched. D P $487,336 PY2025
LCG III American Century Sched. D P $659,231 PY2025
Prisa Sa Sched. D P $605,254 PY2025
Core Plus Bond/reams Sched. D P $1.4M PY2025
Mid Cap Growth/timessquare Fund Sched. D P $414,650 PY2025
Empower codes 11 PY2025
Prudential Retirement Ins&annco codes 15 28 $6,541 PY2024
Small Cap Growth/emerald Sched. D P $495,121 PY2024
Dryden S&p 500 Index Sched. D P $1.7M PY2024
International Blend/lazard Sched. D P $802,382 PY2024
International Growth/artisan Sched. D P $826,331 PY2024
Intl Bld II Fd (mngd by Mfs) Sched. D P $781,206 PY2024
Large Cap Value/lsv Asset Mgmt Sched. D P $608,702 PY2024
Large Cap Value/wellington Sched. D P $566,780 PY2024
Large Cap Growth/mfs Fund Sched. D P $609,890 PY2024
MID Cap Growth I (ivy) Sched. D P $405,147 PY2024
MID Cap Value/robeco Fund Sched. D P $424,831 PY2024
Prudential Short Term Sched. D P $196,694 PY2024
SCG (managed by Brown) Sched. D P PY2024
Small Cap Value/kennedy Capit Sched. D P $467,952 PY2024
LCG III American Century Sched. D P $646,170 PY2024
Prisa Sa Sched. D P $578,304 PY2024
Core Plus Bond/reams Sched. D P $1.3M PY2024
Core Plus Bond/pgim Fund Sched. D P $1.3M PY2024
Empower codes 11 PY2024
Prudential Retirement Ins&annco codes 15 28 $22,719 PY2023
Core Plus Bond/pgim Fund Sched. D P $1.2M PY2023
Core Plus Bond I (wstm Asst) Sched. D P $1.3M PY2023
Dryden S&p 500 Index Sched. D P $1.6M PY2023
International Blend/lazard Sched. D P $789,957 PY2023
International Growth/artisan Sched. D P $800,288 PY2023
Intl Bld II Fd (mngd by Mfs) Sched. D P $805,402 PY2023
Large Cap Value/lsv Asset Mgmt Sched. D P $587,646 PY2023
Large Cap Value/wellington Sched. D P $578,948 PY2023
Large Cap Growth/mfs Fund Sched. D P $605,319 PY2023
Mid Cap Growth I (ivy) Sched. D P $395,913 PY2023
Mid Cap Value/robeco Fund Sched. D P $423,095 PY2023
Prudential Short Term Sched. D P $179,928 PY2023
SCG (managed by Brown) Sched. D P $454,210 PY2023
Small Cap Value/kennedy Capit Sched. D P $489,509 PY2023
Large Cap Growth III Fd Sched. D P $578,399 PY2023
Prisa Sched. D P $593,332 PY2023
Empower codes 11 PY2023
Core Plus Bond/pgim Fund Sched. D P $1.1M PY2022
Core Plus Bond I (wstm Asst) Sched. D P $1.1M PY2022
Dryden S&p 500 Index Sched. D P $1.5M PY2022
International Blend/lazard Sched. D P $810,426 PY2022
International Growth/artisan Sched. D P $828,459 PY2022
Intl Bld II Fd (mngd by Mfs) Sched. D P $805,477 PY2022
Large Cap Value/lsv Asset Mgmt Sched. D P $586,216 PY2022
Large Cap Value/wellington Sched. D P $577,932 PY2022
Large Cap Growth/mfs Fund Sched. D P $550,416 PY2022
Mid Cap Growth I (ivy) Sched. D P $376,131 PY2022
Mid Cap Value/robeco Fund Sched. D P $408,737 PY2022
Prudential Short Term Sched. D P $69,582 PY2022
SCG (managed by Brown) Sched. D P $445,383 PY2022
Small Cap Value/kennedy Capit Sched. D P $436,683 PY2022
T Rowe Price Growth Stk Stgy Sched. D P $412,379 PY2022
Prisa Sched. D P $670,964 PY2022
Empower codes 11 PY2022

What changed

12 events

Dec 31, 2025Holding started
EMC National Life Company Employees Cash Balance Plan first reports an interest in Empower S&p 500 Index Sep Acct (is) (Prudential Retirement & Annuity Ins): $2M at 2025-12-31
with Prudential Retirement & Annuity Insaskebsa.dol.gov
Dec 31, 2025Holding started
EMC National Life Company Employees Cash Balance Plan first reports an interest in Mid Cap Growth/timessquare (Prudential Retirement & Annuity Ins): $414,650 at 2025-12-31
with Prudential Retirement & Annuity Insaskebsa.dol.gov
Dec 31, 2025Holding endedinference
EMC National Life Company Employees Cash Balance Plan no longer reports Dryden S&p 500 Index (Prudential Retirement & Annuity Ins) (last held $2M at 2024-12-31; absent from the 2025-12-31 filing)
with Prudential Retirement & Annuity Insaskebsa.dol.gov
Dec 31, 2025Holding endedinference
EMC National Life Company Employees Cash Balance Plan no longer reports Mid Cap Growth I (ivy) (Prudential Retirement & Annuity Ins) (last held $405,147 at 2024-12-31; absent from the 2025-12-31 filing)
with Prudential Retirement & Annuity Insaskebsa.dol.gov
Jan 1, 2025Funded status changed
EMC National Life Company Employees Cash Balance Plan funded ratio 106.7% -> 92.1% (2024-01-01 to 2025-01-01)
askebsa.dol.gov
Dec 31, 2024Holding endedinference
EMC National Life Company Employees Cash Balance Plan no longer reports SCG I (managed by Brown) (Prudential Retirement & Annuity Ins) (last held $454,210 at 2023-12-31; absent from the 2024-12-31 filing)
with Prudential Retirement & Annuity Insaskebsa.dol.gov
Dec 31, 2024Holding endedinference
EMC National Life Company Employees Cash Balance Plan no longer reports Core Plus Bond I (wstm Asst) (Prudential Retirement & Annuity Ins) (last held $1M at 2023-12-31; absent from the 2024-12-31 filing)
with Prudential Retirement & Annuity Insaskebsa.dol.gov
Dec 31, 2024Holding started
EMC National Life Company Employees Cash Balance Plan first reports an interest in Core Plus Bond / Reams Fund (Prudential Retirement & Annuity Ins): $1M at 2024-12-31
with Prudential Retirement & Annuity Insaskebsa.dol.gov
Dec 31, 2024Holding started
EMC National Life Company Employees Cash Balance Plan first reports an interest in Small Cap Growth/emerald (Prudential Retirement & Annuity Ins): $495,121 at 2024-12-31
with Prudential Retirement & Annuity Insaskebsa.dol.gov
Jan 1, 2024Funded status changed
EMC National Life Company Employees Cash Balance Plan funded ratio 104.0% -> 106.7% (2023-01-01 to 2024-01-01)
askebsa.dol.gov
Jan 1, 2023Funded status changed
EMC National Life Company Employees Cash Balance Plan funded ratio 111.6% -> 104.0% (2022-01-01 to 2023-01-01)
askebsa.dol.gov
Jan 1, 2023Assets changed
EMC National Life Company Employees Cash Balance Plan plan assets $14M -> $11M (-25.4%, 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 420868851-001

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.