Detroit Retirement Systems
($ millions)
Total assets*4,907
Defined benefit4,256
Total defined contribution651
*as of June 30
Includes Detroit Police & Firemen Ret. Sys. plan data from Nelson's
Directory of Plan Sponsors
DETROIT - As of June 30, the Detroit Retirement Systems' employee benefits totaled $4.907 billion. The figure is based on data reported to
P&I by the General Retirement System and data listed by Nelson's Directory of Plan Sponsors for the Police & Firemen Retirement System.
Defined benefit managers:
Domestic equities: Loomis, Sayles; Oppenheimer; Boston; Munder.
International equities: Bankers Trust; Zasile Sarafa; Boston.
Domestic fixed-income: Boston; Bankers Trust; Wellington; Scudder;
Oppenheimer.
International fixed-income: Bankers Trust; BEA; Wellington.
Real estate: Mortgage Investor Group; Midland; Capozzoli Advisors.
Defined contribution managers:
Domestic equities: Loomis, Sayles; Oppenheimer; Boston; Munder
International equities: Bankers Trust; Zasile Sarafa; Boston.
Domestic fixed-income: Boston; Oppenheimer;
Scudder.
International fixed-income: Bankers Trust; BEA; Wellington.
Real estate: Mortgage Investor Group; Midland; Capozzoli Advisors.
The master custodian and global custodian is NBD Bank.
District of Columbia
Retirement Board
($ millions)
Total assets3,294
Defined benefit3,294
Employer DB contributions296
Benefit payments157
Hedging devices used:
Stock index futures
Defined benefit asset mix:
Stocks65.5%
Fixed income27.5%
Cash equivalents3.8%
Real estate equity1.5%
Venture capital1.7%
WASHINGTON - As of Sept. 30, the District of Columbia Retirement Board's total employee benefit assets increased 32% from a year earlier.
Employer contributions to the defined benefit plan decreased 3%; benefits paid decreased 47%.
Defined benefit managers:
Domestic equities: Alliance; Loomis; Scudder; Cowen; Denver; Atalanta/Sonoff; Phoenix; Woodford; Edgar Lomax; GW Capital; Sturidvant; Kenwood.
International equities: Templeton; Invesco-MIM; Bank of Ireland; State Street Global Advisors.
Domestic fixed-income: WR Lazard; PIMCO; Western; Morgan Grenfell; Reid, LM Capital.
International fixed-income: Lehman Brothers.
Real estate: LaSalle, JMB/Heitman, J.P. Morgan.
Other: Forstman Little; Corporate Partners; Venture Fund of Washington; SynCom; Rice Mezzanine; Belmont Capital; Inroads Capital; Bachow Investment Partners; Spacevest; SG Capital Group.
The master custodian and global custodian is State Street.
Key personnel overseeing the investment management of the fund are Jeanna Cullins, executive director; Sheila Morgan-Johnson, deputy director for finance; and Loretta Myers, investment analyst.
Dow Chemical Co.
($ millions)
Total assets5,474
Defined benefit3,800
Total defined contribution1,674
*401(k)1,632
*ESOP42
Employer DB contributions57
Benefit payments390
Total DC contributions104
Internally managed assets:
Defined contribution757
Defined benefit asset mix:
Stocks73%
Fixed income24%
Real estate equity3%
Defined contribution asset mix:
Company stock24%
Other stock31%
GICs/BICs45%
MIDLAND, Mich. - As of Sept. 30, Dow Chemical Co.'s total employee benefit assets were $5.474 billion.
The master trustee is National Bank of Detroit; the global custodian is Bankers Trust.
Key personnel overseeing the investment management of the defined benefit fund are W.J. Burroughs, director; R.H. Furlow, portfolio manager-equity; and J.R. Wittenberg, portfolio manager-fixed income; Messrs. Burroughs and Wittenberg oversee the defined benefit plans.
E.I. DuPont de Nemours
and Co. Inc.
($ millions)
Total assets25,817
Defined benefit14,643
Thrift/savings11,174
Employer DB contributions20
Benefit payments1,157
Total DC contributions340
Internally managed assets:
Defined benefit14,320
Defined contribution413
Hedging devices used:
Bond options
Stock index futures
Fixed-income futures
Managed futures
Defined benefit asset mix:
Stocks61%
Fixed income33%
Real estate equity3%
Venture capital/corporate finance3%
Defined contribution asset mix:
Company stock13%
Other stock10%
GICs/BICs72%
Cash equivalents3%
TAA2%
WILMINGTON, Del. - As of Sept. 30, E.I. DuPont de Nemours and Co. Inc.'s total employee benefit assets increased 13% from June 30, 1994. Defined benefit assets increased 10% during the same period; defined contribution assets increased 16%.
Defined contribution managers:
Domestic equities: Merrill Lynch; Fidelity.
International equities: Merrill Lynch.
TAA: Wells Fargo.
The master trustee and custodian is Wilmington Trust Co. The global custodian is Bankers Trust.
Key personnel overseeing the investment management of the fund are Edward J. Bassett, vice president; George J. Saxon, director, global equities; and Thomas D. Croft, director, global fixed income. Overseeing the defined contribution plan are Mr. Croft and Michael J. Wyatt, portfolio manager, savings plans.
