DFX Intelligence

This allocator's name, 1 more manager, 22 more commitments and 3 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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Corporate pension in Minnesota

Corporate pension· Owatonna, Minnesota

Corporate pension, based in Owatonna, Minnesota, reporting $831M in assets, for 4,742 participants.

Composed from this allocator's classification, location and filed figures.

As of 2025-01-01 · the latest dated event for this allocator; each figure carries its own filing or report date

Assets: $831M
Funded ratio: 104.1%
Fund commitments: 8
Managers: 13

Open searches Plans backing its top manager Similar plans, same strategy

Commitments (8)Allocation policy Managers

As of 2025-01-01 · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 1 Jan 2025, Funded status changed.

Capital path

who backs this record, through what, into what; each name opens its own path

Corporate pension in Minnesota

Funds committed to

Mercer Active Long Corporate Fixed4 commitments
Mercer Non-Us Core Equity Portfolio4 commitments
Emerging Free Markets Country Fund4 commitments

All 8

Managers

Mercer Investments LLC8 commitments
City of London Invst Mgmt Co Ltd4 commitments
Martingale4 commitments

All 4

Size, funding, policy and commitments, with their basesCorporate pensionShow

Corporate pension

Assets

$831M

Total assets, Dec 31, 2025 reported

Funded

104.1%

Jan 1, 2025

Private markets target

no policy read

policy Dec 31, 2025

Commitments

13 managers on Schedule C

Plan sponsor: this allocator

Allocation policy

Form 5500, as of Dec 31, 2025

Actual allocation lines without a target (as filed)

Corporate debt instruments (other) 21.5%
U.S. Government securities 6.5%
Other investments 6.2%
103-12 investment entities 12.1%
Common/collective trusts 18.0%
Registered investment companies 20.6%
Common stock 14.8%

Consultants and advisers

2 firms

US Bank Trusteethrough Dec 31, 2025 Form 5500
Mercer Actuarythrough Dec 31, 2025 Form 5500

People

No investment staff or executives have been read for this allocator yet.

Manager roster

4 managers on the commitment tape

From the plan’s own commitment disclosures

Mercer Investments LLC8 rows, latest Dec 31, 2025
City of London Invst Mgmt Co Ltd4 rows, latest Dec 31, 2025
Martingale4 rows, latest Dec 31, 2025

+1 more manager received commitments

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

From Schedule C (investment management, code 28)

Martingaleplan years
Thompson, Siegel & Walmsley, Incplan years
Mercer Investments LLCplan years

+10 more Schedule C managers

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

What changed

8 events

Jan 1, 2025Funded status changed
down 22 pointsaskebsa.dol.gov
Dec 31, 2024Holding endedinference
with Ts&w Int'l Large Cap Equity Trust$34.1Maskebsa.dol.gov
Jan 1, 2024Assets changed
$105Maskebsa.dol.gov
Dec 31, 2023Holding started
with D F Dent Small Cap Growth Cit Cl 1$8.9Maskebsa.dol.gov
Dec 31, 2023Manager relationship endedinference
with Mercer Investments LLCaskebsa.dol.gov

+3 more dated events

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

25 rows, 0 dated closings

Date	Fund	Manager	Bucket	Amount	Status	Source
as of Dec 31, 2025	Mercer Active Long Corporate Fixedcollective trust	Mercer Investments LLC	Fixed income	$85.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	Peregrine Commingled Investment Trucollective trust	SEI Trust Company	Pooled vehicles	$19.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2025	D F Dent Small Cap Growth Cit Cl 1collective trust	Wilmington Trust, N.A.	Public equity	$9.7M held	Disclosed holding	askebsa.dol.gov

+22 more commitments

Every fund and manager this allocator committed to, with the amount, date and source on each.

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Size and funding

44 readings

Total assets

$831M Dec 31, 2025 reported Form 5500

$789M (2024-12) · $759M (2023-12) · $654M (2022-12)

Plan assets

$789M Jan 1, 2025 reported Form 5500

$759M (2024-01) · $654M (2023-01) · $979M (2022-01)

Net assets

$827M Dec 31, 2025 reported Form 5500

$784M (2024-12) · $759M (2023-12) · $651M (2022-12)

Funded ratio

104.1% Jan 1, 2025 reported Form 5500

125.7% (2024-01) · 127.3% (2023-01) · 141.8% (2022-01)

Funding target

$541M Jan 1, 2025 reported Form 5500

$495M (2024-01) · $433M (2023-01) · $490M (2022-01)

Discount rate

5.40% Jan 1, 2025 reported Form 5500

5.33% (2024-01) · 5.41% (2023-01) · 5.56% (2022-01)

Participants

4,742 Jan 1, 2025 reported Form 5500

4,601 (2024-01) · 4,421 (2023-01) · 4,400 (2022-01)

Contributions

$38,134 Dec 31, 2025 reported Form 5500

$31,435 (2024-12) · $50.0M (2023-12) · $75.0M (2022-12)

Benefits paid

$42.1M Dec 31, 2025 reported Form 5500

$25.7M (2024-12) · $31.2M (2023-12) · $188M (2022-12)

Net investment income

$42.3M Dec 31, 2025 reported Form 5500

$25.8M (2024-12) · $108M (2023-12) · -$323M (2022-12)

Investment management fees

$1.6M Dec 31, 2025 reported Form 5500

$1.5M (2024-12) · $1.3M (2023-12) · $1.3M (2022-12)

Form 5500 filings

4 plan years

Plan year	Participants	Assets (SB market)	Funding target	FTAP	Total assets (H)	Partnerships / JV	Master trust	Real estate
2025 to Dec 31, 2025	4,742	$789M	$541M	104.1%	$831M	Not disclosed	Not disclosed	Not disclosed
2024 to Dec 31, 2024	4,601	$759M	$495M	125.7%	$789M	Not disclosed	Not disclosed	Not disclosed
2023 to Dec 31, 2023	4,421	$654M	$433M	127.3%	$759M	Not disclosed	Not disclosed	Not disclosed
2022 to Dec 31, 2022	4,400	$979M	$490M	141.8%	$654M	Not disclosed	Not disclosed	Not disclosed

Service providers and investment entities as filed (Schedule C and D, latest year first)

Mercer Global Investments codes 51 52 $601,708 PY2025
SIT Investment Associates codes 28 $380,936 PY2025
Speece Thorson Capital codes 28 $218,662 PY2025

+58 more service providers

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

Provenance

Identifiers: none on file

Cross-graph: no entry on another DFX graph

First observed Sep 15, 2026, last observed Sep 29, 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.

Capital chain

This record sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $299/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

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Record history

10 dated events on the change ledger, latest first

Holding in a pooled vehicle started
2024-12-31source
Holding in a pooled vehicle started
2023-12-31source
Holding in a pooled vehicle ended
2024-12-31source

+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

+17 connections on the graph

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