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 Retirement Income Plan for Employees of Ul LLC

Corporate pensionNorthbrook, IL
Assets
$262M
Total assets, Dec 31, 2024 reported
Funded
72.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
1
1 managers on Schedule C
Plan sponsor: UL LLC
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.5%
  • Other investments 3.9%
  • Partnership/joint venture interests 27.7%
  • Common/collective trusts 18.2%
  • Registered investment companies 38.3%
Consultants and advisers
4 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
1 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024State St S&p 500 Flagship Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$47.6M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$262M Dec 31, 2024 reported Form 5500
$216M (2023-12) · $211M (2022-12)
Plan assets
$216M Jan 1, 2024 reported Form 5500
$211M (2023-01) · $325M (2022-01)
Net assets
$262M Dec 31, 2024 reported Form 5500
$216M (2023-12) · $211M (2022-12)
Funded ratio
72.1% Jan 1, 2024 reported Form 5500
70.7% (2023-01) · 82.8% (2022-01)
Funding target
$311M Jan 1, 2024 reported Form 5500
$315M (2023-01) · $343M (2022-01)
Discount rate
5.12% Jan 1, 2024 reported Form 5500
5.26% (2023-01) · 5.43% (2022-01)
Participants
1,994 Jan 1, 2024 reported Form 5500
2,042 (2023-01) · 2,166 (2022-01)
Contributions
$41.7M Dec 31, 2024 reported Form 5500
$7.3M (2023-12) · $6.3M (2022-12)
Benefits paid
$15.3M Dec 31, 2024 reported Form 5500
$27.0M (2023-12) · $79.0M (2022-12)
Net investment income
$46.0M Dec 31, 2024 reported Form 5500
$4.4M (2023-12) · $-114M (2022-12)
Investment management fees
$371,000 Dec 31, 2024 reported Form 5500
$650,531 (2023-12) · $481,000 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20241,994$216M$311M72.1%$262M$72.4Mn/an/a
2023 to Dec 31, 20232,042$211M$315M70.7%$216M$57.0Mn/an/a
2022 to Dec 31, 20222,166$325M$343M82.8%$211M$62.2Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
6 events
  • Dec 31, 2024Consultant changedinference
    Seyfarth Shaw LLP appears on The Retirement Income Plan for Employees of Ul LLC's Schedule C as general consultant (plan year 2024 vs 2023)
    with Seyfarth Shaw LLPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    State Street Global Advisors appears on The Retirement Income Plan for Employees of Ul LLC's Schedule C as investment manager (plan year 2024 vs 2023)
    with State Street Global Advisorsaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    The Retirement Income Plan for Employees of Ul LLC total assets $216M -> $262M (+21.2%, 2023-12-31 to 2024-12-31)
  • Dec 31, 2023Manager relationship endedinference
    State Street Global Advisors no longer appears on The Retirement Income Plan for Employees of Ul LLC's Schedule C as investment manager (plan year 2023 vs 2022)
    with State Street Global Advisors Trustaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    The Retirement Income Plan for Employees of Ul LLC funded ratio 82.8% -> 70.7% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    The Retirement Income Plan for Employees of Ul LLC plan assets $325M -> $211M (-35.0%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 943282454-001
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.