This allocator's name, 13 more advisers, 1 more commitment and 29 more dated events

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Corporate pension in Minnesota

Corporate pension· ST. Paul, Minnesota

Corporate pension, based in ST. Paul, Minnesota, reporting $8.9B in assets, for 56,773 participants.

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

Assets
$8.9B
Funded ratio
80.0%
Fund commitments
2
Managers
7
As of · 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: 31 Dec 2024, Changed investment consultant to Apollo St Fund Management LLC.

Capital path

who backs this record, through what, into what; each name opens its own path
Corporate pension in Minnesota
Funds committed to
Managers
Size, funding, policy and commitments, with their basesCorporate pensionShow
Corporate pension
Assets
$8.9B
Total assets, Dec 31, 2024 reported
Funded
80.0%
Jan 1, 2024
Private markets target
no policy read
policy Dec 31, 2024
Commitments
2
7 managers on Schedule C
Plan sponsor: this allocator
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.3%
  • Non-interest-bearing cash 0.4%
  • Corporate debt instruments (other) 16.2%
  • Corporate debt instruments (preferred) 12.2%
  • U.S. Government securities 21.1%
  • Insurance company general account 0.1%
  • Other investments 1.4%
  • Partnership/joint venture interests 25.3%
  • Common/collective trusts 3.4%
  • Registered investment companies 0.2%
  • Common stock 16.1%
  • Preferred stock 0.3%
Consultants and advisers
16 firms

+13 more consultants and advisers advise this allocator

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

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People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 manager on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)

+40 more Schedule C managers

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

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What changed
34 events
  • Dec 31, 2024Manager relationship endedinference
    with Hamilton Laneaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    with Pgim Incaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    with NB Pine Private Debt LPaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    with Crestview III, LLPaskebsa.dol.gov
  • Dec 31, 2024Consultant changedinference
    with Apollo St Fund Management LLCaskebsa.dol.gov

+29 more dated events

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Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Commitments
4 rows, 0 dated closings
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Collective Trust Government Stifcollective trustBNY MellonPooled vehicles$301M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Collective Trust Government Stifcollective trustBNY MellonPooled vehicles$790M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Group Pension Contractcollective trustSun LifePooled vehicles$429,669 heldDisclosed holdingaskebsa.dol.gov

+1 more commitment

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

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Size and funding
33 readings
Total assets
$8.9B Dec 31, 2024 reported Form 5500
$14B (2023-12) · $14B (2022-12)
Plan assets
$12B Jan 1, 2024 reported Form 5500
$13B (2023-01) · $17B (2022-01)
Net assets
$8.2B Dec 31, 2024 reported Form 5500
$13B (2023-12) · $13B (2022-12)
Funded ratio
80.0% Jan 1, 2024 reported Form 5500
80.1% (2023-01) · 77.7% (2022-01)
Funding target
$12B Jan 1, 2024 reported Form 5500
$13B (2023-01) · $13B (2022-01)
Discount rate
5.06% Jan 1, 2024 reported Form 5500
5.21% (2023-01) · 5.37% (2022-01)
Participants
56,773 Jan 1, 2024 reported Form 5500
58,878 (2023-01) · 61,494 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$3.1B Dec 31, 2024 reported Form 5500
$1.4B (2023-12) · $1.4B (2022-12)
Net investment income
-$3.0B Dec 31, 2024 reported Form 5500
-$185M (2023-12) · -$4.5B (2022-12)
Investment management fees
$28.3M Dec 31, 2024 reported Form 5500
$21.8M (2023-12) · $29.3M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202456,773$12B$12B80.0%$8.9B$2.2BNot disclosedNot disclosed
2023 to Dec 31, 202358,878$13B$13B80.1%$14B$3.4BNot disclosedNot disclosed
2022 to Dec 31, 202261,494$17B$13B77.7%$14B$4.0BNot disclosedNot disclosed
Service providers and investment entities as filed (Schedule C and D, latest year first)

+164 more service providers

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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 13 traced paths of capital across the graphs.

Consultant to allocator to manager

DFX traced 13 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

34 dated events on the change ledger, latest first
  • Holding in a pooled vehicle ended
    2023-12-31source
  • Funded status changed
    2023-01-01source
  • Consultant changed
    2023-12-31source

+31 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

+62 connections on the graph

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