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

United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003)

Corporate pensionPittsburgh, PA
Assets
$4.3B
Total assets, Dec 31, 2024 reported
Funded
102.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
24
2 managers on Schedule C
Plan sponsor: United States Steel Corporation and Affiliated Cos.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 6.3%
  • Non-interest-bearing cash 1.5%
  • Corporate debt instruments (other) 18.9%
  • Corporate debt instruments (preferred) 0.4%
  • U.S. Government securities 6.6%
  • Other investments 1.8%
  • Partnership/joint venture interests 13.2%
  • Common/collective trusts 14.3%
  • Registered investment companies 12.9%
  • Common stock 17.6%
  • Preferred stock 0.1%
  • Real estate (other than employer real property) 6.0%
Consultants and advisers
1 firms
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
Commitments
24 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 Street Passive Emerging Markecollective trustState Street Global Advisors Trust CompanyPooled vehicles$85.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ssga S&p Midcap 400 Index Securitiecollective trustState Street - Russell 2000Pooled vehicles$147M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State St S&p 500 Flagship Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$175M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street U.S. Aggregate Bond incollective trustState Street - Russell 2000Fixed income$117M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street U.S. High Yield Bond Icollective trustState Street Global Advisors Trust CompanyFixed income$6.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street Emerging Markets Smallcollective trustState Street Gbl EquityPublic equity$76.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street 1-3 Year U.S. Treasurycollective trustState Street Global Advisors Trust CompanyFixed income$940,783 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street Passive Emerging Markecollective trustState Street Global Advisors Trust CompanyPooled vehicles$118M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ssga S&p Midcap 400 Index Securitiecollective trustState Street - Russell 2000Pooled vehicles$210M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State St S&p 500 Flagship Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$140M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street U.S. Aggregate Bond incollective trustState Street - Russell 2000Fixed income$244M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street U.S. High Yield Bond Icollective trustState Street Global Advisors Trust CompanyFixed income$10.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street Emerging Markets Smallcollective trustState Street Gbl EquityPublic equity$118M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street 1-3 Year U.S. Treasurycollective trustState Street Global Advisors Trust CompanyFixed income$70.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State St Lng US Govt Bd Ind Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$325M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street Passive Emerging Markecollective trustState Street Global Advisors Trust CompanyPooled vehicles$162M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ssga S&p Midcap 400 Index Securitiecollective trustState Street - Russell 2000Pooled vehicles$231M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State St S&p 500 Flagship Sec Lendicollective trustState Street - Russell 2000Pooled vehicles$150M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street U.S. Aggregate Bond incollective trustState Street - Russell 2000Fixed income$102M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street U.S. High Yield Bond Icollective trustState Street Global Advisors Trust CompanyFixed income$78.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street Emerging Markets Smallcollective trustState Street Gbl EquityPublic equity$91.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street 1-3 Year U.S. Treasurycollective trustState Street 1-3 Year U.S. Treasury Index Securities Lending Common TrFixed income$79.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Msci Eafe Small Cap Index Non-Lendicollective trustState Street Msci Eafe Small Cap Index Non-Lending Common Trust FundPublic equity$950 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Blackrock Institutional Trust Compacollective trustESG Insights US All Cap Fund BPooled vehicles$214,880 heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$4.3B Dec 31, 2024 reported Form 5500
$4.3B (2023-12) · $4.3B (2022-12)
Plan assets
$4.2B Jan 1, 2024 reported Form 5500
$4.2B (2023-01) · $5.4B (2022-01)
Net assets
$3.9B Dec 31, 2024 reported Form 5500
$4.2B (2023-12) · $4.2B (2022-12)
Funded ratio
102.1% Jan 1, 2024 reported Form 5500
102.6% (2023-01) · 118.2% (2022-01)
Funding target
$4.0B Jan 1, 2024 reported Form 5500
$4.2B (2023-01) · $4.0B (2022-01)
Discount rate
5.04% Jan 1, 2024 reported Form 5500
5.17% (2023-01) · 5.31% (2022-01)
Participants
24,055 Jan 1, 2024 reported Form 5500
25,096 (2023-01) · 25,859 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$410M Dec 31, 2024 reported Form 5500
$421M (2023-12) · $426M (2022-12)
Net investment income
$-278M Dec 31, 2024 reported Form 5500
$4.0M (2023-12) · $-1.3B (2022-12)
Investment management fees
$11.0M Dec 31, 2024 reported Form 5500
$11.6M (2023-12) · $3.0M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202424,055$4.2B$4.0B102.1%$4.3B$562Mn/a$253M
2023 to Dec 31, 202325,096$4.2B$4.2B102.7%$4.3B$325Mn/a$402M
2022 to Dec 31, 202225,859$5.4B$4.0B118.2%$4.3B$404Mn/a$264M
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
10 events
  • Dec 31, 2024Holding endedinference
    United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003) no longer reports State St Lng US Govt Bd Ind Nl Fund (State Street - Russell 2000) (last held $325M at 2023-12-31; absent from the 2024-12-31 filing)
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Waterton Residential Kj Bond Ventur no longer appears on United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003)'s Schedule C as investment manager (plan year 2024 vs 2023)
    with Waterton Residential Kj Bond Venturaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Evolution Credit Partners Trade appears on United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003)'s Schedule C as investment manager (plan year 2024 vs 2023)
    with Evolution Credit Partners Tradeaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003) no longer reports Blackrock Institutional Trust Compa (last held $214,880 at 2022-12-31; absent from the 2023-12-31 filing)
    with Blackrock Institutional Trust Compaaskebsa.dol.gov
  • Dec 31, 2023Holding started
    United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003) first reports an interest in State St Lng US Govt Bd Ind Nl Fund (State Street - Russell 2000): $325M at 2023-12-31
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003) no longer reports Msci Eafe Small Cap Index Non-Lendi (last held $950 at 2022-12-31; absent from the 2023-12-31 filing)
    with Msci Eafe Small Cap Index Non-Lendiaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Evolution Credit Partners Finance no longer appears on United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003)'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Evolution Credit Partners Financeaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Resolution Real Estate Fund Iv-T LP appears on United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003)'s Schedule C as investment manager (plan year 2023 vs 2022)
    with Resolution Real Estate Fund Iv-T LPaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003) funded ratio 118.2% -> 102.6% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    United States Steel Corporation Plan for Employee Pension Benefits (revision of 2003) plan assets $5.4B -> $4.2B (-23.1%, 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 251897152-001
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.