Retirement Plan for Employees of Puget Sound Energy, Inc.
Corporate pension, based in Bellevue, Washington, reporting $944M in assets, for 5,133 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2025, Retirement Plan for Employees of Puget Sound Energy, Inc. total assets $830M -> $944M (+13.7%, 2024-12-31 to 2025-12-31).
1 more adviser, 1 more manager, 13 more commitments and 5 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Nhit Long Duration Government Credi4 commitments
- MFS International Growth Fund4 commitments
- Schroder Collective Investment Trus4 commitments
- Loomis Sayles Trust Company4 commitments
- MFS Heritage Trust Company4 commitments
- Schroder4 commitments
Relationship network
28 connected entities16 observed commitments9 repeat counterparties13 dated commitments shown here, 2022 to 2025
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Interest-bearing cash 0.2%
- Corporate debt instruments (other) 3.9%
- U.S. Government securities 15.8%
- Other investments 0.5%
- Common/collective trusts 49.0%
- Registered investment companies 15.3%
- Common stock 15.1%
Consultants and advisers
- Callan LLC Investment adviser (plan)through Dec 31, 2025 Form 5500
- Milliman, Inc. Actuarythrough Dec 31, 2025 Form 5500
- U.S. Bank, N.A. Trusteethrough Dec 31, 2025 Form 5500
+1 more consultant or adviser advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- Loomis Sayles Trust Company4 rows, latest Dec 31, 2025
- MFS Heritage Trust Company4 rows, latest Dec 31, 2025
- Schroder4 rows, latest Dec 31, 2025
+1 more manager received commitments
Every name, record and relationship behind this count, with the source on each.
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- MFS Heritage Trust Companyplan years 2024, 2025
- Schroderplan years
- Blackrock Insti. Trust Company, N.Aplan years
+7 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
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What changed
- Dec 31, 2025Assets changedRetirement Plan for Employees of Puget Sound Energy, Inc. total assets $830M -> $944M (+13.7%, 2024-12-31 to 2025-12-31)
- Jan 1, 2025Funded status changedRetirement Plan for Employees of Puget Sound Energy, Inc. funded ratio 125.0% -> 130.8% (2024-01-01 to 2025-01-01)
- Dec 31, 2024Manager relationship endedinferenceRothschild Asset Management Inc no longer appears on Retirement Plan for Employees of Puget Sound Energy, Inc.'s Schedule C as investment manager (plan year 2024 vs 2023)with Rothschild Asset Management Inc.askebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceVoya Investment Management LLC no longer appears on Retirement Plan for Employees of Puget Sound Energy, Inc.'s Schedule C as investment manager (plan year 2024 vs 2023)with Voya Investment Management Co LLCaskebsa.dol.gov
- Jan 1, 2024Funded status changedRetirement Plan for Employees of Puget Sound Energy, Inc. funded ratio 112.9% -> 125.0% (2023-01-01 to 2024-01-01)
+5 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2025 | Nhit Long Duration Government Credicollective trust | Loomis Sayles Trust Company | Fixed income | $167M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2025 | MFS International Growth Fundcollective trust | MFS Heritage Trust Company | Pooled vehicles | $104M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2025 | Schroder Collective Investment Truscollective trust | Schroder | Pooled vehicles | $109M held | Disclosed holding | askebsa.dol.gov |
+13 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2025 to Dec 31, 2025 | 5,133 | $773M | $591M | 130.8% | $944M | Not disclosed | Not disclosed | Not disclosed |
| 2024 to Dec 31, 2024 | 5,216 | $746M | $597M | 125.0% | $830M | $0 | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 5,268 | $659M | $583M | 112.9% | $786M | $0 | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 5,389 | $899M | $588M | 152.8% | $697M | $0 | Not disclosed | Not disclosed |
- Milliman, Inc. codes 11 13 15 38 50 64 $566,849 PY2025
- MFS Heritage Trust Company codes 28 51 52 68 $552,473 PY2025
- Pimco codes 28 51 52 $424,339 PY2025
+64 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Retirement Plan for Employees of Puget Sound Energy, Inc. sits on 4 traced paths of capital across the graphs.
DFX traced 4 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Total assets changed2025-12-31source on record
- Funded status changed2025-01-01source on record
- Manager relationship ended2024-12-31source on record
+7 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+18 connections on the graph
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