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
Trustage Pension Plan for Non-Represented Employees
Corporate pensionMadison, WI
Assets
$591M
Total assets, Dec 31, 2024 reported
Funded
93.7%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: Trustage Financial Group, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Master trust investment accounts 97.5%
Consultants and advisers
2 firms
- Milliman, Inc. Actuarythrough Dec 31, 2022 Form 5500
- State Street Bank & Trust Company Trusteethrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
30 readings
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 5,691 | $603M | $597M | 93.7% | $591M | n/a | $577M | n/a |
| 2023 to Dec 31, 2023 | 5,825 | $588M | $580M | 92.9% | $605M | n/a | $605M | n/a |
| 2022 to Dec 31, 2022 | 6,043 | $761M | $545M | 113.0% | $593M | n/a | $565M | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Milliman USA codes 11 17 50 $379,900 PY2024
- Grant Thornton, LLP codes 10 50 $42,000 PY2024
- State Street Bank & Trust codes 21 50 PY2024
- Cmfg Life Nonrep Plan Qual Trst Sched. D M $577M PY2024
- Milliman, Inc. codes 11 PY2024
- Milliman USA codes 11 17 50 $349,979 PY2023
- Grant Thornton, LLP codes 10 50 $41,000 PY2023
- State Street Bank & Trust codes 21 50 PY2023
- Cmfg Life Nonrep Plan Qual Trst Sched. D M $605M PY2023
- Milliman, Inc. codes 11 PY2023
- Milliman USA codes 11 17 50 $349,119 PY2022
- Grant Thornton, LLP codes 10 50 $40,000 PY2022
- State Street Bank & Trust codes 21 50 PY2022
- Cuna Mutual Nonrep Plan Qual Trst Sched. D M $565M PY2022
- Milliman, Inc. codes 11 PY2022
What changed
2 events
- Jan 1, 2023Funded status changedTrustage Pension Plan for Non-Represented Employees funded ratio 112.9% -> 92.9% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedTrustage Pension Plan for Non-Represented Employees plan assets $761M -> $588M (-22.7%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 454418520-009
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.