Eastman Kodak Co.
($ millions)
Total assets*10,768
Defined benefit7,139
401(k)3,629
*P&I estimate
Internally managed assets:
Defined contribution2,976
Hedging devices used:
Stock index futures
Fixed-income futures
Short selling
Managed futures
Defined benefit asset mix:
Stocks69%
Fixed income4%
Cash equivalents1%
Annuities2%
Real estate equity11%
Other13%
Defined contribution asset mix:
Company stock8%
Other stock9%
GICs/BICs82%
Participant loans1%
ROCHESTER, N.Y. - As of Sept. 30, Pensions & Investments estimates
Eastman Kodak Co.'s total employee benefit assets increased 9.9% from a year earlier. Defined benefit assets increased 9.8% during the same period; defined contribution assets increased 10%.
Equity managers: Domestic - Sanford C. Bernstein, Evaluation
Associates; Fidelity; Lieber; MetLife; Rosenberg Institutional; TCW.
International - Acadian; CIGNA; Emerging Markets Management; First
Quadrant; RCB Trust; Templeton.
Fixed-income managers: International - Bridgewater Associates.
Real estate managers: Advent; Aldrich, Eastman & Waltch; Boston Co. Real Estate; Cabot Partners;
James Capel Fund Managers; Equitable; GE Investments; Hotels of Distinction Ventures; MetLife; Phoenix Home Life; PMRealty; Property Capital; RCB Trust; RREEF; Schroder; TCW.
Other managers: Baker, Nye; Equitable Capital; Falcon Investment; Fidelity; Forstmann, Little & Co.; Horsley Keogh & Associates; John Hancock; Resource Investments; TCW.
The master trustee and global custodian is Boston Safe Deposit; the investment consultant is Rogers, Casey.
Key personnel overseeing the investment management of the fund are Russell L. Olson, director, pension investments; and Robert D. Spooner and Elizabeth B. Blackburn, pension investments coordinators.
The Church Pension Fund
(Episcopal)
($ millions)
Total assets2,527
Defined benefit2,527
Employer DB contributions56
Benefit payments69
Internally managed assets:
Defined benefit54
Hedging devices used:
Stock index futures
Fixed-income futures
Defined benefit asset mix:
Stocks60%
Fixed income31%
Cash equivalents7%
Other2%
NEW YORK - As of Sept. 30, The Church Pension Fund's (Episcopal) total employee benefit assets - all defined benefit assets - increased 18.2% from a year earlier.
Equity managers: Domestic - Alliance Capital; J.P. Morgan.
International - J.P. Morgan.
Fixed-income managers: Domestic - J.P. Morgan.
International - J.P. Morgan.
The master trustee is Morgan Guaranty; the investment consultant is Cambridge Associates.
Key personnel overseeing the investment management of the fund are Alan F. Blanchard, president; and the Rev. Frank S. Cerveny, executive vice president.
Evangelical Lutheran
Church in America Boardof Pensions
($ millions)
Total assets2,657
401(b)2,657
Employer DC contributions60
Internally managed assets:
Defined contribution1,261
Defined contribution asset mix:
Stock44.7%
Fixed income49.0%
Cash equivalents2.2%
Other4.1%
MINNEAPOLIS - As of Sept. 30, Evangelical Lutheran Church in America Board of Pensions's total employee benefit assets increased 9.7% from a year earlier.
Equity managers: Domestic - Alliance; J.P. Morgan; RCM; Rosenberg; Wells Fargo.
International - Acadian; Schroder; UBS.
Fixed-income managers: Domestic - BlackRock.
International - J.P Morgan.
Real estate managers: Cohen & Steers.
The master trustee and global custodian is Boston Safe; the investment consultant is Wilshire.
Key personnel overseeing the investment management of the fund are John Kapanke, president, and Michael Troutman, senior manager, investment programs.
Exxon Corp.
($ millions)
Total assets9,532
Defined benefit3,494
Total defined contribution6,038
|401(k)386
|Thrift/savings4,576
|ESOP1,076
Employer DB contributions.0
Benefit payments469
Employer DC contributions128
Internally managed assets:
Defined benefit718
Defined contribution5,773
Hedging devices used:
Stock options
Stock index futures
Fixed-income futures
Defined benefit asset mix:
Stocks66%
Fixed income23%
Real estate equity6%
Other 5%
Defined contribution asset mix:
Company stock45%
Other stock4%
Fixed income51%
IRVING, Texas - As of Sept. 30, Exxon Corp.'s total employee benefit assets increased 4.5% from a year earlier. Defined benefit assets increased 2.8% during the same period; defined contribution assets increased 5.4%.
Equity managers: Domestic - Geometry; Wells Fargo Nikko.
International - Aetna; Wells Fargo Nikko.
Fixed-income managers: Domestic - J.P. Morgan; Prudential; Smith Barney; Wells Fargo Nikko.
Real estate managers: Corporate Property; Equitable; JMB; NationsBank;
Prentiss.
Other managers: Equitable; Horsley Keogh; Premier; Texas Commerce.
The master trustee is Bank of New York.; the global custodians are Morgan Stanley and Wells Fargo.
Key personnel overseeing the investment management of the fund are J.E. Bayne, manager, benefits finance and investment, and Norman M. Kreutter, senior financial coordinator.
