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

Memorial Hermann Pension Plan

Corporate pensionHouston, TX
Assets
$650M
Total assets, Jun 30, 2025 reported
Funded
96.0%
Jul 1, 2024
Private markets target
n/a
policy Jun 30, 2025
Commitments
3
6 managers on Schedule C
Plan sponsor: Memorial Hermann Health System
Allocation policy
Form 5500, as of Jun 30, 2025
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 0.1%
  • Corporate debt instruments (other) 8.4%
  • Corporate debt instruments (preferred) 0.0%
  • U.S. Government securities 2.5%
  • Other investments 20.9%
  • Partnership/joint venture interests 37.4%
  • Common/collective trusts 2.9%
  • Registered investment companies 16.9%
  • Common stock 10.3%
  • Preferred stock 0.1%
Consultants and advisers
2 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
9 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
3 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Jun 30, 2025NT Collective Short Term Invt Fdcollective trustMemorial Hermann Health SystemCash$18.7M heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2024NT Collective Short Term Invt Fdcollective trustMemorial Hermann HealthsystemCash$40 heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2023NT Collective Short Term Invt Fdcollective trustMemorialhermann Health SystemCash$2.3M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$650M Jun 30, 2025 reported Form 5500
$642M (2024-06) · $640M (2023-06)
Plan assets
$638M Jul 1, 2024 reported Form 5500
$635M (2023-07) · $621M (2022-07)
Net assets
$648M Jun 30, 2025 reported Form 5500
$638M (2024-06) · $635M (2023-06)
Funded ratio
96.0% Jul 1, 2024 reported Form 5500
89.8% (2023-07) · 97.8% (2022-07)
Funding target
$625M Jul 1, 2024 reported Form 5500
$639M (2023-07) · $567M (2022-07)
Discount rate
5.36% Jul 1, 2024 reported Form 5500
5.23% (2023-07) · 5.37% (2022-07)
Participants
11,882 Jul 1, 2024 reported Form 5500
12,460 (2023-07) · 13,049 (2022-07)
Contributions
$0 Jun 30, 2025 reported Form 5500
$0 (2024-06) · $11.2M (2023-06)
Benefits paid
$40.5M Jun 30, 2025 reported Form 5500
$38.9M (2024-06) · $35.8M (2023-06)
Net investment income
$9.9M Jun 30, 2025 reported Form 5500
$3.0M (2024-06) · $14.8M (2023-06)
Investment management fees
$1.4M Jun 30, 2025 reported Form 5500
$182,863 (2024-06) · $102,350 (2023-06)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Jun 30, 202511,882$638M$625M96.0%$650M$243M$0$0
2023 to Jun 30, 202412,460$635M$639M89.8%$642M$231M$0$0
2022 to Jun 30, 202313,049$621M$567M97.8%$640M$206M$0$0
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
11 events
  • Dec 31, 2024Manager relationship started
    Putnam appears on Memorial Hermann Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Putnamaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Lazard Asset Management LLC no longer appears on Memorial Hermann Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Lazard Asset Management LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Harvey Partners LLC appears on Memorial Hermann Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Harvey Partners LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Locust Wood appears on Memorial Hermann Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Locust Woodaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    LSV Asset Management no longer appears on Memorial Hermann Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with LSV Asset Managementaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Jacobs Levy Equity Management Inc appears on Memorial Hermann Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Jacobs Levy Equity Management Inc.askebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    The Bank of New York appears on Memorial Hermann Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Montrusco appears on Memorial Hermann Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Montruscoaskebsa.dol.gov
  • Jul 1, 2024Funded status changed
    Memorial Hermann Pension Plan funded ratio 89.8% -> 96.0% (2023-07-01 to 2024-07-01)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Wellington Trust Company no longer appears on Memorial Hermann Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Wellington Trust Companyaskebsa.dol.gov
  • Jul 1, 2023Funded status changed
    Memorial Hermann Pension Plan funded ratio 97.8% -> 89.8% (2022-07-01 to 2023-07-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 741152597-001
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.