State Data » North Dakota » Bismarck Employees' Pension Plan » Bismarck Employees' Pension Plan

Bismarck Employees' Pension Plan Basics

  • Established 1966
  • Currently open to new hires
  • Plan covers local employees
  • Plan members covered by Social Security
  • Single employer

Assets, Participants, and Benefits

Assets at Year-End, Bismarck Employees' Pension Plan, 2001-2018

Fiscal Year Net Assets (billions)
2001 0.0
2002 0.0
2003 0.0
2004 0.0
2005 0.0
2006 0.0
2007 0.1
2008 0.0
2009 0.1
2010 0.1
2011 0.1
2012 0.1
2013 0.1
2014 0.1
2015 0.1
2016 0.1
2017 0.1
2018 0.1

Source: Public Plans Database

Number of Actives per Annuitant, 2001-2018

Fiscal Year Bismarck Employees' Pension Plan US State and Local Pensions
2001 2.9 2.5
2002 2.8 2.4
2003 2.9 2.4
2004 2.8 2.3
2005 2.9 2.2
2006 2.9 2.1
2007 2.8 2.1
2008 3.0 2.1
2009 3.1 2.0
2010 3.0 1.9
2011 2.8 1.8
2012 2.5 1.7
2013 2.6 1.6
2014 2.5 1.5
2015 2.4 1.5
2016 2.3 1.4
2017 2.2 1.3
2018 2.0 1.3

Source: Public Plans Database

National data averages are weighted by plan size.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for Bismarck Employees' Pension Plan, 2001-2018

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll {role:annotation}
2001 3.3 0.5 5.0 3.8 3.8
2002 3.8 2.5 4.8 6.3 6.3
2003 7.3 5.0 5.7 12.3 12.3
2004 13.2 0.0 7.3 9.9 9.9
2005 16.1 0.0 9.0 10.8 10.8
2006 15.5 0.0 9.3 8.9 8.9
2007 14.7 0.0 10.0 7.2 7.2
2008 16.0 0.0 10.4 6.8 6.8
2009 15.5 0.0 10.2 11.7 11.7
2010 10.7 0.6 10.5 11.3 11.3
2011 11.1 0.0 12.5 10.1 10.1
2012 11.5 0.0 12.9 7.3 7.3
2013 11.1 0.0 13.9 6.4 6.4
2014 10.0 0.0 14.5 4.5 4.5
2015 9.0 0.0 14.9 4.7 4.7
2016 8.5 0.0 14.8 6.8 6.8
2017 9.2 0.0 15.1 8.1 8.1
2018 9.3 0.0 18.1 9.1 9.1

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for Bismarck Employees' Pension Plan, 2001-2018

Fiscal Year Bismarck Employees' Pension Plan National Data
2001 90.6 106.5
2002 87.2 101.1
2003 88.6 94.2
2004 88.5 93.1
2005 87.7 91.1
2006 96.7 90.5
2007 98.0 91.2
2008 73.7 90.2
2009 79.4 83.2
2010 83.2 81.5
2011 87.8 80.4
2012 92.8 78.9
2013 101.3 78.7
2014 98.8 79.0
2015 89.9 78.2
2016 89.9 76.3
2017 91.8 76.4
2018 83.5 76.5

Source: Public Plans Database

National data averages are weighted by plan size and reflects the average for plans of similar type and Social Security coverage.

Investments

Asset Allocation for Bismarck Employees' Pension Plan, 2018

Category Percent
Equities 43.0
Fixed Income 34.0
Private Equity 2.8
Real Estate 11.8
Cash 0.4
Other 0.0
Commodities 7.9
Hedge Fund 0.0
Misc. Alternatives 0.0

Source: Public Plans Database

Asset Allocation for State and Local Pensions, 2018

Category Percent
Equities 48.1
Fixed Income 22.5
Private Equity 8.9
Real Estate 8.4
Cash 1.8
Other 0.2
Commodities 1.8
Hedge Fund 7.0
Misc. Alternatives 1.2

Source: Public Plans Database

National data averages are weighted by plan size.


Asset allocation for Bismarck Employees' Pension Plan, 2001-2018

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 null null null null null null null null null
2002 null null null null null null null null null
2003 null null null null null null null null null
2004 null null null null null null null null null
2005 null null null null null null null null null
2006 null null null null null null null null null
2007 null null null null null null null null null
2008 null null null null null null null null null
2009 null null null null null null null null null
2010 null null null null null null null null null
2011 null null null null null null null null null
2012 null null null null null null null null null
2013 null null null null null null null null null
2014 41.9 35.3 3.9 10.0 0.4 0.0 8.5 0.0 0.0
2015 43.2 34.0 2.7 11.7 0.3 0.0 8.0 0.0 0.0
2016 43.1 34.1 2.6 11.8 0.8 0.0 7.6 0.0 0.0
2017 43.9 33.3 2.6 11.5 1.1 0.0 7.6 0.0 0.0
2018 43.0 34.0 2.8 11.8 0.4 0.0 7.9 0.0 0.0

Source: Public Plans Database


Annual Return as of December 31 for Bismarck Employees' Pension Plan, 2001-2018

Fiscal Year Bismarck Employees' Pension Plan Assumed return
2001 -1.58 7.50
2002 -8.50 7.50
2003 71.75 7.50
2004 10.44 7.50
2005 9.73 7.50
2006 12.47 7.50
2007 8.32 7.50
2008 -21.50 7.50
2009 12.81 7.50
2010 10.92 7.50
2011 2.12 7.50
2012 12.82 7.50
2013 13.48 7.50
2014 6.40 7.50
2015 1.10 7.50
2016 7.10 7.50
2017 15.00 7.50
2018 -3.00 7.50

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Bismarck Employees' Pension Plan
2001-2018

Fiscal Year Cash Flow Assets
2001 -0.5 22.7
2002 -0.6 20.2
2003 0.0 34.6
2004 0.7 38.9
2005 0.1 42.8
2006 0.9 49.2
2007 0.9 54.2
2008 1.3 43.7
2009 1.5 50.9
2010 0.7 57.2
2011 0.7 59.1
2012 0.7 67.4
2013 0.3 76.8
2014 -0.1 81.3
2015 -0.3 81.6
2016 -0.4 86.7
2017 -0.8 98.7
2018 -0.9 95.0

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Bismarck Employees' Pension Plan
2001-2018

Fiscal Year Bismarck Employees' Pension Plan National Average
2001 -2.0 -2.0
2002 -2.9 -2.7
2003 0.1 -2.2
2004 1.7 -1.6
2005 0.2 -2.0
2006 1.9 -1.9
2007 1.7 -2.0
2008 2.9 -3.0
2009 2.9 -2.6
2010 1.2 -2.4
2011 1.2 -2.7
2012 1.0 -2.6
2013 0.4 -2.3
2014 -0.1 -2.3
2015 -0.3 -2.7
2016 -0.5 -2.2
2017 -0.8 -2.7
2018 -0.9 -3.0

Source: Public Plans Database

National data averages are weighted by plan size.

2018 Financial Reports