This issue marks the 34th year Pensions & Investments has examined the allocations and investments of the largest U.S. employee retirement plans.
What started as bare-bones profiles of the 100 largest defined benefit funds in 1974 has evolved into in-depth looks at the asset allocations, breadth of investments and asset manager lineups of the largest 200 retirement plan sponsors, with asset totals and aggregate allocations for the largest 1,000.
To gather the information for this most recent report, questionnaires were sent to more than 1,200 fund sponsors in Pensions & Investments database. The largest 1,000 were identified from the completed questionnaires, follow-up phone calls and e-mails. Data for many of the funds ranked 201-1,000 were provided by Money Market Directories Inc., Charlottesville, Va.
The P&I survey generally covers the 12-month period ended Sept. 30, 2007. Not all funds, however, were able to provide data as of that date; in some cases, the funds did not provide any data. Where no information was available from the fund, or the data provided were considered too old, P&I estimated the change in assets.
For the specific reporting periods of each fund, please view the profiles of the top 50, which appear on the following pages, or of the top 200 at P&Is website, www.pionline.com. In the profiles and tables, dollar amounts are rounded to the nearest million.
The aggregate asset mixes represent the averages of all reported allocations for the respective funds.
The rankings and charts included in this issue of P&I represent only some of the data gathered through the questionnaires. Complete listings for defined benefit and defined contribution investments, along with the fund profiles, are available at www.pionline.com/sponsors.
All stories and data are &Copy; 2008 by Crain Communications Inc.