The 25 largest pension funds in Los Angeles County.The 25 largest pension funds in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County Ranked by assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. (*)
Rank Fund Assets Participants
. name (in millions) . number
. address . June 1, 1988 . profile of
. June 1, 1983 participants
1. L.A. Co. Employees Retirement Assn. $7,250.0 100,000
140 Hall of Admin.; 500 W. Temple $3,940.0 county employe
es
Los Angeles 90012 retirees
2 Lockheed Corp. $4,793.5 150,276
4500 Park Granada Blvd. $2,472.1 employees and
Los Angeles 91399 retirees
3 Hughes Aircraft $3,600.0 56,000
7200 Hughes Terrace $2,200.0 company
Los Angeles 90045 employees
4 Northrop Corp. $3,300.0(1) NA
1840 Century Park East NA company
Los Angeles 90067 employees
5 L.A. Fire & Police Pensions $2,703.3 10,000
360 E. Second St., Rm 600 $1,487.0 fire & police
Los Angeles 90012 members
6 Retirement Plans of Atlantic Richfield $2,079.0(2) 71,000
515 S. Flower Street $1,956.0(2) company
Los Angeles 90071 employees
7 L.A. City Employees' Ret. Sys. $2,000.0 29,000
111 E. First St. City Hall S. Rm. 300 $1,000.0 city employees
Los Angeles 90012 and retirees
8 Water and Power Employees Ret. Plan $1,400.0(3) 10,862
111 N. Hope St. Room 315 $751.9(3) all DWP
Los Angeles CA 90012 employees
9 Southern California Edison Ret. Plan $1,300.0 23,637
2244 Walnut Grove $660.0 company
Rosemead 91770 employees
10 Pacific Enterprises Pension Plan(4) $1,092.0(1) NA
810 S. Flower St. NA
Los Angeles 90017
11 Operating Engineers So. Calif. $900.0(1) 35,000
c/o Local 12; 141 S. Lake St. NA
Pasadena Pasadena (păs'ədē`nə). 1 City (1990 pop. 131,591), Los Angeles co., S Calif., at the base of the San Gabriel Mts.; inc. 1866. 91011
12 Unocal Retirement Plan $880.0 21,500
1201 West Fifth Street $760.0 company
Los Angeles 90051 employees
13 Litton Industries Master Trust $879.1 44,000
360 N. Crescent Dr. $727.8 company
Beverly Hills CA 90210 employees
14 Teledyne Inc. Master Trust $847.7(1) NA
1901 Avenue of the Stars NA
Los Angeles 90067
15 Times-Mirror Co. and subsidiaries $827.9(5) NA
Times Mirror Square NA
Los Angeles 90053
16 Motion Picture Industry Pension Plan $820.0 39,500
11365 Ventura Blvd. Rm. 300 $402.0 multiple labor
Studio City CA 91604 unions
17 Occidental Petroleum Master Trust $750.0 15,000
10889 Wilshire Blvd. $1,300.0 company
Los Angeles 90024 employees
18 Carpenters Pension Trust for So. Calif. $681.5(1) NA
520 S. Virgil Ave. Suite 400 NA
Los Angeles 90020
19 SAG-Producers Pension Plan $564.2 31,500
3601 W. Olive Ave. $186.0 industrywide
Burbank 91510 participation
20 Aerospace Employees Retirement Plan $515.5 7,126
2350 E. El Segundo Blvd. NA company
El Segundo 90245 employees
21 GCIU-Employer Retirement Fund $506.0 55,000
7550 Flair Dr. Suite 300 NA multi-employer
El Monte CA 91731 Taft-Hartley f
und
22 Wickes Cos. Trust Fund $477.8(1) NA
3340 Ocean Park Blvd. Suite 2000 NA
Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. 90405
23 Construction Laborers Pension Trust $461.0 24,768
2999 W. 6th St. $284.4 multiple labor
Los Angeles 90020 unions
24 So. Calif. IBEW-NECA Trust Funds $430.8 10,882
515 South Ave. 19/P.O. Box 31915 $254.8 electricians (
four
Los Angeles 90031 IBEW local uni
ons)
25 DGA-Producers Pension Plan $389.0 9,500
8436 W. 3rd St. $191.1 multi-employer
Los Angeles CA 90048 Taft-Hartley f
und
Contributions Portfolio mix Return
(in millions) . distribution of . five-year return
. estimated total total investments (percent)
annual (percents) . year fund
contribution established
$441.0 31 equity, 2 real estate, 41 12.78
bonds, 23 short term cash, 1938
3 other
NA NA NA
NA
$58.0 NA NA
NA
NA NA NA
$324.0 51.3 equity, 1.6 real estate, 12
35.7 bonds, 10.6 short term 1927
cash, .8 options managers
$21.0 51 equity, 7 real estate, 19 14.1
bonds, 16 short term cash, NA
7 other
$145.0 40 equity, 50 bonds, 10 short 14
term cash 1937
$124.0 34 equity, 49 bonds, 7 short 19
term cash, 10 mortgage- 1938
backed securities
$45.0 52.8 equity, .8 real estate 12.0
31.7 bonds, 1919
12.7 short term cash
NA NA NA
NA NA 11.5
1960
none 60 equity, 34 bonds, 6 short 13.6
term cash NA
$8.0 45 equity, 36 bonds, 8 short 15
term cash, 11 Insurance, 1958
venture capital
NA NA NA
NA NA NA
1938
$47.0 24.4 equity, 2.3 real estate, 12.3
4.4 bonds, 13.3 short term 1953
cash, 10.6 other
$95.0 41 equity, 2 bonds, 4 short NA
term cash, 53 GIC's NA
NA NA NA
$36.0 40 equity, 6 real estate, 31 11
bonds, 22 short term cash 1961
$23.0 61.8 equity, 23.9 bonds, 7.6 20.7
real estate, 6.7 short 1961
term cash
$25.0 19.6 equity, 2.4 real estate, NA
17.0 balance funds, 12.2 1955
bonds, 39.7 other
NA NA NA
$83.8 20 equity, 3 real estate, 42 11.2
bonds, 27 mortgages 1962
$26.0 20 real estate, 5 bonds, 50 10
short term cash, 25 insurance 1964
contracts
$31.8 41.0 equity, 7.7 real estate, 12.9
(1987) 32.7 bonds, 10 short term 1960
cash, 8.5 other
Outside managers Senior in-house
. numbers administrator
. dollars managed outside . name
. master fund custodian . title
. phone number
30 Charles L. Spencer
$7,020.0 retirement administrator
Security Pacific National Bank (213) 687-8040
24 G.C. Weintz
all investment counsel
Bankers Trust Co., New York (818) 712-7022
25 W.A. Reed
$2.9 v.p., investment mgmt.
Barhem Trust of New York (213) 568-7113
NA R.B. Lohrer
v.p., trust investments
(213) 556-4564
23 Gary Mattingly
$2,415.9 general manager
Bankers Trust (213) 485-2631
14 E. Kent Damon Jr.
$604.0 v.p., investment officer
State Street Bank & Trust (213) 486-7300
8 Jerry F. Bardwell
$2,000 retirement plan mgr.
Irving Trust Co. (213) 485-2824
3 Richard W. Goss
$1,302.0 retirement plan manager
Security Pacific National Bank (213) 481-4159
20 Rick Yamamoto
$1,300.0 pensions supervisor
Security Pacific Nat. Bank (818) 302-1093
NA Tom Rollinger
asst. treasurer
(213) 895-5060
2 Leo Majich
NA administrator
Sanwa Bank (818) 444-4600
10 Gene Prochnow
$830.0 mgr., benefit plan invest.
Northern Trust Co. (213) 977-7383
$8.0 Elizabeth Maes
$498.0 institutional funds admin.
Chase Manhattan Bank (213) 859-5283
NA C.E. Rinsch(1)
v.p., sec./treasurer
(213) 277-3311
NA R. David Kretschmer(1)
mgr. investment programs
(213) 237-3881
11 Henry E. Vilardo
$820.0 administrator
Northern Trust Co. (213) 877-0822
6 Jeff Manson
$750.0 accounting/investments mgr.
Manufacturers Hanover (213) 879-1700
NA Roger Lopez
administrator
(213) 386-8590
6 Harley Blankenship
$520.0 administrative director
Bankers Trust (818) 954-9400
10 Thomas R. O'Connor
$490.2 head investment mgmt. office
The Northern Trust Co., Chicago (213) 336-1716
6 Arthur L. Dakuhn
$478.0 administrator
Bankers Trust Co., N.A. (818) 442-5106
NA W. Mallory
exec. v.p., finance
(213) 452-0161
1 Richard Boespflug
46.0 senior vice president
Union Bank (213) 738-1486
2 Claire Davis
$430.8 administrator
Bank of America (213)221-5861
6 Derek Rowlett
$374.1 fund administrator
Bankers Trust Co. (213) 653-2991
(*)Assets under management as of June June: see month. 1, 1988, or as noted. Data in millions. (1)This company did not respond or declined to participate in the current survey. Data is from the 1987 Book of list survey, and reflects assets under management as of June 30, 1987 (in millions). (2)Record date May 31. (3)Record dates are June 1, 1987 and June 1, 1982. (4)Formerly Pacific Lighting Corp. Pension Plan; data reflects 1987 survey. (5)Ranking data from 1987 Times Mirror Corp. 10-k. filing. E - Company estimate. DNA-Does not apply. NA - Not available. WND WND Wind WND World Net Daily WND Waarnemend WND Wilson Disease Gene (genetic medicine) WND Will Not Disclose WND Waving Not Drowning WND Why Not Design (Citrus Heights, CA) - Would not disclose. Note: The information in this list was supplied by the pension fund management offices, and from other sources as noted. List is ranked by assets under management on the most recent date of record available. Survey compiled during the week of July July: see month. 1, 1988. |
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