IP
IBM Personal Pension Plan
Pension fund · Founded 1945 · Town of North Castle, United States
Benefit retirement fund, managing assets to provide pension benefits for IBM employees and retirees
Who IBM Personal Pension Plan is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The IBM Personal Pension Plan is a defined-benefit pension plan for eligible US-based IBM employees hired before January 1, 2005.
- The plan was originally established as a tax-qualified and a non-tax-qualified plan.
Source of Capital
- The plan's capital is derived from contributions made by IBM to fund the pension obligations for its employees and retirees.
- As of early 2024, the plan was reported to have a surplus of several billion dollars.
Major Events
- In 2008, IBM froze the pension plan, meaning employees would no longer accrue future benefits.
- In 2023, the plan's obligations for certain beneficiaries were transferred to Prudential and MetLife through the purchase of group annuity contracts.
- In a significant reversal, IBM announced in early 2024 that it would unfreeze the pension plan and once again contribute to it for its US employees, replacing its 401(k) matching program.
The funds IBM Personal Pension Plan backs.
IBM Personal Pension Plan is a limited partner in 124 funds. 23 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How IBM Personal Pension Plan’s fund book is spread.
The 124 funds IBM Personal Pension Plan backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters, across the 123 of 124 with a location on record.
- North America 10081%
- Europe 1210%
- Rest of world 119%
United States 100 · Israel 6 · United Kingdom 4 · France 3
Other LPs.
Other pension funds in the Power Law LP ranking, closest to IBM Personal Pension Plan by combined power-law score — North America first, then the nearest worldwide.