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AllocatorsPlancorporate pension100m-1b

AIR Canada U.S. Pension Plan

Allocators

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Search this name across graphsid dfx:al:499edb56-a84d-4dd9-9aec-8fc1684c9ccf

Data as of Sep 16, 2026 (this record's last observation) from Government tapes; SEC filings; What the plans publish; Pending. Page built Sep 20, 2026, 5:10 AM UTC and rebuilt at most every 15 minutes.

Relationships: 7
Dated events: 23
On other graphs: 0
Observed: Sep 15, 2026 to Sep 16, 2026

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Total assets: $147Mlatest reading; see basis
Assets as of: Dec 31, 2025
Assets basis: REPORTED
Funded ratio: 84%
Participants: 1,240
Commitments: 33with an amount; holdings are counted apart
Managers: 2
Funds: 16
Re-ups: 0
First-time managers: 0
Latest commitment: Dec 31, 2025
Consultants: 0
Private markets target, %: 0latest policy, percent of assets
Private equity target, %: 0latest policy, percent of assets
Latest policy: Dec 31, 2025
People: 0

Holdings (a value, never a commitment)

a Schedule D plan interest or a 990-PF other investment: a value on a date, never an approval; showing 25 of 33

Vehicle	Manager	Bucket	Value	As of	Kind	Source
Long Duration Fixed Income Fund	Russell Trust Company	Fixed income	$52.4M	Dec 31, 2022	Collective trust	Dol form 5500 pension
Mercer Active Long Corporate Fixed	Mercer Investments LLC	Fixed income	$48.9M	Dec 31, 2025	Collective trust	Dol form 5500 pension
Russell All International Mkts Fund	Russell Trust Company	Pooled vehicle	$40.9M	Dec 31, 2022	Collective trust	Dol form 5500 pension
Russell 1000 Index Fund-Series I	Russell Trust Company	Pooled vehicle	$34.7M	Dec 31, 2022	Collective trust	Dol form 5500 pension
Mercer Active Long Corporate Fixed	Mercer Investments LLC	Fixed income	$30.4M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Mercer Active Long Corporate Fixed	Mercer Investments LLC	Fixed income	$29.3M	Dec 31, 2024	Collective trust	Dol form 5500 pension
Mercer Long Strips Fixed Income	Mercer Investments LLC	Fixed income	$24.9M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Mercer US Large Cap Core Passive Eq	Mercer Investments LLC	Public equity	$22.2M	Dec 31, 2024	Collective trust	Dol form 5500 pension
Mercer US Large Cap Core Passive Eq	Mercer Investments LLC	Public equity	$18.7M	Dec 31, 2025	Collective trust	Dol form 5500 pension
Mercer Opportunistic Fixed Income	Mercer Investments LLC	Hedge diversifiers	$17.4M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Mercer Opportunistic Fixed Income	Mercer Investments LLC	Hedge diversifiers	$16.2M	Dec 31, 2024	Collective trust	Dol form 5500 pension
Mercer US Large Cap Core Passive Eq	Mercer Investments LLC	Public equity	$15.9M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Mercer Non-Us Core Equity Portfolio	Mercer Investments LLC	Public equity	$12.7M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Mercer Erisa Hedge Fund Investors	Mercer Investments LLC	Hedge diversifiers	$12.7M	Dec 31, 2025	Collective trust	Dol form 5500 pension
Mercer Opportunistic Fixed Income	Mercer Investments LLC	Hedge diversifiers	$12.4M	Dec 31, 2025	Collective trust	Dol form 5500 pension
Mercer Erisa Hedge Fund Investors	Mercer Investments LLC	Hedge diversifiers	$11.6M	Dec 31, 2024	Collective trust	Dol form 5500 pension
Mercer US Core Real Estate Portfoli	Mercer Investments LLC	Real estate	$10.2M	Dec 31, 2025	Collective trust	Dol form 5500 pension
Mercer US Core Real Estate Portfoli	Mercer Investments LLC	Real estate	$10.0M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Mercer US Core Real Estate Portfoli	Mercer Investments LLC	Real estate	$9.9M	Dec 31, 2024	Collective trust	Dol form 5500 pension
Mercer Non-Us Core Equity Portfolio	Mercer Investments LLC	Public equity	$9.7M	Dec 31, 2024	Collective trust	Dol form 5500 pension
Mercer Passive Long Government Fixe	Mercer Investments LLC	Pooled vehicle	$8.9M	Dec 31, 2025	Collective trust	Dol form 5500 pension
Mercer Non-Us Core Equity Portfolio	Mercer Investments LLC	Public equity	$8.6M	Dec 31, 2025	Collective trust	Dol form 5500 pension
Mercer Emerging Markets Equity Port	Mercer Investments LLC	Public equity	$6.9M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Russell Equity II Fund	Russell Trust Company	Public equity	$6.5M	Dec 31, 2022	Collective trust	Dol form 5500 pension
Mercer Global Low Volatility Equity	Mercer Investments LLC	Public equity	$5.7M	Dec 31, 2023	Collective trust	Dol form 5500 pension

Policy targets, latest period

the latest period this plan published, every item quoted from its own report; a target is never an actual; 9 rows folded into 2

Bucket	Target %	Range low	Range high	Actual %	Actual	Period end	Basis
Interest-bearing cash	n/a	n/a	n/a	2	$2.5M	Dec 31, 2025	Derived
Common/collective trusts	n/a	n/a	n/a	96	$142M	Dec 31, 2025	Derived

Consultants

Form 5500 Schedule C, Form ADV and the plan's own reports; a Schedule C relationship is current for 24 months after the plan year end

Consultant	Role	From	To	Current	Evidence	Source
Mercer	actuary	Jan 1, 2025	Dec 31, 2025	no	fact	Dol form 5500 pension
State Street Bank & Trust Company	custodian	Jan 1, 2025	Dec 31, 2025	no	fact	Dol form 5500 pension

Managers

managers this plan names on Schedule C or in its reports; a manager here is a reference node keyed to the private equity, venture and real estate fund graphs, never a new identity

Manager	Mandate	From	To	Current	Evidence
Mercer Investments LLC	n/a	Dec 31, 2024	n/a	yes	fact
Russell Trust Company	n/a	Dec 31, 2022	n/a	yes	fact
Mercer Investments LLC	Investment management	Jan 1, 2025	Dec 31, 2025	no	fact
Russell Trust Company	Investment management	Jan 1, 2022	Dec 31, 2022	no	fact

Relationships

Manages for (3)

← Mercer Investments LLCManager with allocator capital
Dec 31, 2024 to presentfactForm 5500
← Russell Trust CompanyManager with allocator capitalInvestment management
Jan 1, 2022 to Dec 31, 2022factForm 5500
← Mercer Investments LLCInvestment consultantInvestment management
Jan 1, 2025 to Dec 31, 2025factForm 5500

Sponsors (1)

← AIR CanadaPlan sponsorPlan sponsor
Jan 1, 2025 to presentfactForm 5500

Advised by (2)

→ MercerInvestment consultantactuary
Jan 1, 2025 to Dec 31, 2025factForm 5500
→ State Street Bank & Trust CompanyInvestment consultantcustodian
Jan 1, 2025 to Dec 31, 2025factForm 5500

Dated events

6 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Dec 31, 2024
Holding in a pooled vehicle ended
AIR Canada U.S. Pension Plan no longer reports Mercer Long Strips Fixed Income (last held $25M at 2023-12-31; absent from the 2024-12-31 filing)
Mercer Long Strips Fixed Income Form 5500observed 4 days ago
$24.9M
Occurred
Dec 31, 2024
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer Erisa Hedge Fund Investors: $12M at 2024-12-31
Mercer Erisa Hedge Fund Investors Form 5500observed 4 days ago
$11.6M
Occurred
Dec 31, 2024
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer Passive Long Government Fixe: $5M at 2024-12-31
Mercer Passive Long Government Fixe Form 5500observed 4 days ago
$5.3M
Occurred
Dec 31, 2023
Manager relationship ended
Russell Investments Trust Company no longer appears on AIR Canada U.S. Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
Russell Trust Company Form 5500observed 4 days ago
Occurred
Dec 31, 2023
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer Opportunistic Fixed Income: $17M at 2023-12-31
Mercer Opportunistic Fixed Income Form 5500observed 4 days ago
$17.4M
Occurred
Dec 31, 2023
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer Active Long Corporate Fixed: $30M at 2023-12-31
Mercer Active Long Corporate Fixed Form 5500observed 4 days ago
$30.4M
Occurred
Dec 31, 2023
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer US Large Cap Core Passive Eq: $16M at 2023-12-31
Mercer US Large Cap Core Passive Eq Form 5500observed 4 days ago
$15.9M
Occurred
Dec 31, 2023
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer Long Strips Fixed Income: $25M at 2023-12-31
Mercer Long Strips Fixed Income Form 5500observed 4 days ago
$24.9M
Occurred
Dec 31, 2023
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer US Core Real Estate Portfoli: $10M at 2023-12-31
Mercer US Core Real Estate Portfoli Form 5500observed 4 days ago
$10.0M
Occurred
Dec 31, 2023
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer Emerging Markets Equity Port: $7M at 2023-12-31
Mercer Emerging Markets Equity Port Form 5500observed 4 days ago
$6.9M
Occurred
Dec 31, 2023
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer Non-Us Core Equity Portfolio: $13M at 2023-12-31
Mercer Non-Us Core Equity Portfolio Form 5500observed 4 days ago
$12.7M
Occurred
Dec 31, 2023
Holding in a pooled vehicle ended
AIR Canada U.S. Pension Plan no longer reports Russell Equity II Fund (Russell Trust Company) (last held $7M at 2022-12-31; absent from the 2023-12-31 filing)
Russell Trust Company Form 5500observed 4 days ago
$6.5M
Occurred
Dec 31, 2023
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer Global Low Volatility Equity: $6M at 2023-12-31
Mercer Global Low Volatility Equity Form 5500observed 4 days ago
$5.7M
Occurred
Dec 31, 2023
Holding in a pooled vehicle started
AIR Canada U.S. Pension Plan first reports an interest in Mercer US Small/mid Cap Equity Port: $5M at 2023-12-31
Mercer US Small/mid Cap Equity Port Form 5500observed 4 days ago
$4.6M
Occurred
Dec 31, 2023
Holding in a pooled vehicle ended
AIR Canada U.S. Pension Plan no longer reports Russell 1000 Index Fund-Series I (Russell Trust Company) (last held $35M at 2022-12-31; absent from the 2023-12-31 filing)
Russell Trust Company Form 5500observed 4 days ago
$34.7M
Occurred
Dec 31, 2023
Holding in a pooled vehicle ended
AIR Canada U.S. Pension Plan no longer reports Long Duration Fixed Income Fund (last held $52M at 2022-12-31; absent from the 2023-12-31 filing)
Russell Long Duration Fixed Income Form 5500observed 4 days ago
$52.4M
Occurred
Dec 31, 2023
Holding in a pooled vehicle ended
AIR Canada U.S. Pension Plan no longer reports Russell All International Mkts Fund (Russell Trust Company) (last held $41M at 2022-12-31; absent from the 2023-12-31 filing)
Russell Trust Company Form 5500observed 4 days ago
$40.9M

Show 6 bookkeeping events

Occurred
Dec 31, 2025
AIR Canada U.S. Pension Plan first reports an interest in Mercer Pvt Inv Part Viii LP: $3M at 2025-12-31
Occurred
Dec 31, 2025
AIR Canada U.S. Pension Plan no longer reports Mercer Global Low Volatility Equity (last held $2M at 2024-12-31; absent from the 2025-12-31 filing)
Occurred
Jan 1, 2025
AIR Canada U.S. Pension Plan funded ratio 91.2% -> 83.9% (2024-01-01 to 2025-01-01)
Occurred
Jan 1, 2024
AIR Canada U.S. Pension Plan funded ratio 85.9% -> 91.2% (2023-01-01 to 2024-01-01)
Occurred
Jan 1, 2023
AIR Canada U.S. Pension Plan funded ratio 104.8% -> 85.9% (2022-01-01 to 2023-01-01)
Occurred
Jan 1, 2023
AIR Canada U.S. Pension Plan plan assets $187M -> $133M (-28.7%, 2022-01-01 to 2023-01-01)

Provenance

Graph: Allocators
Canonical id: dfx:al:499edb56-a84d-4dd9-9aec-8fc1684c9ccf
First observed: Sep 15, 2026
Last observed: Sep 16, 2026 3 days ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

AIR Canada U.S. Pension Plan

Allocators

This is the graph view. The full profile, with its team, deals and sources, is on Allocators.Open the full profile →

Search this name across graphsid dfx:al:499edb56-a84d-4dd9-9aec-8fc1684c9ccf

Vehicle

Manager

Bucket

Value

As of

Kind

Source

Long Duration Fixed Income Fund

Russell Trust Company

Fixed income

$52.4M

Dec 31, 2022

Collective trust

Dol form 5500 pension