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Original filing (PDF)20251007150015NAL0002766963001
GLENCORE LTD.
Form 5500
FILING_RECEIVED
GLENCORE LTD. DEFINED BENEFIT PLAN
Defined-benefit pension plan
Active participants
81
Accounts w/ balance
—
Plan assets (EOY)
$56.9M
Net assets (EOY)
$56.9M
How this plan invests
This plan
184 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 46 bps in Schedule C fees — 188% above peer band of 16 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GLENCORE LTD..
Plan sponsor
Name
GLENCORE LTD.
EIN
13-2942178
Address
330 MADISON AVE · NEW YORK, NY · 10017
Phone
(646) 949-2500
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-07
Pension benefit codes
1A · Pay-related DB formula
Audit & trust (Schedule H)
Auditor
PKF O'CONNOR DAVIES, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsTrustee
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BANK OF AMERICA | 94-1687665 | — | TRUSTEE | $22K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERRILL LYNCH,PIERCE, FENNER, SMITH | 13-5674085 | — | NONE | $240K | — |
Investments
184 direct securities· $56.6M(100% of reported assets)
Uncategorized
$53.7M
181 holdings
Mutual Funds
$2.3M
1 holding
Corporate Bonds
$343K
1 holding
Common Stocks
$296K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Ishares Edge MSCI Min Vol USA ETF | — | — | $3.2M | $4.1M | 7.1% | |
| PIMCO 25+ Year Zero Coupon US Treasury Index Fund | — | — | $5.5M | $3.9M | 6.9% | |
| S Ishares Core S&P Mid-Cap ETF | Mutual Funds | — | $1.5M | $2.3M | 4.1% | |
| Ishares Core S&P Small Cap ETF | — | — | $1.6M | $2.3M | 4.0% | |
| Ishares Edge MSCI Min Vol Emerging Markets ETF | — | — | $2.1M | $2.2M | 3.9% | |
| GOVERNMENT AND AGENCY OBLIGATIONS U.S Treasury Note 3.125%; November 15, 2028 | — | — | $1.5M | $1.5M | 2.7% | |
| U.S Treasury Note 2.750%; April 30, 2027 | — | — | $1.1M | $1.1M | 2.0% | |
| MONEY FUND BLF FedFund Cash Reserve | — | — | $1.1M | $1.1M | 1.9% | |
| Microsoft Corp. | — | — | $664K | $1.1M | 1.9% | |
| U.S Treasury Note 4.625%; September 15, 2026 | — | — | $996K | $995K | 1.7% | |
| U.S Treasury Bond 3.125%; August 15, 2044 | — | — | $1.0M | $968K | 1.7% | |
| JPMorgan Chase & Co. Var%; November 19, 2026 | — | — | $822K | $879K | 1.5% | |
| U.S Treasury Prin Strip Zero%; February 15, 2031 | — | — | $832K | $850K | 1.5% | |
| UnitedHealth Group Inc 5.150%; July 15, 2034 | — | — | $838K | $802K | 1.4% | |
| Nvidia | — | — | $170K | $800K | 1.4% | |
| Verizon Communications, Inc. 2.100%; March 22, 2028 | — | — | $761K | $797K | 1.4% | |
| Oracle Corp. 6.150%; November 9, 2029 | — | — | $762K | $768K | 1.3% | |
| U.S Treasury Note 2.250%; February 15, 2027 | — | — | $750K | $767K | 1.3% | |
| U.S Treasury Bond 3.125%; February 15, 2042 | — | — | $749K | $707K | 1.2% | |
| Apple Inc. | — | — | $394K | $679K | 1.2% | |
| CVS Health Corp. GLB 3.750%; April 1, 2030 | — | — | $655K | $658K | 1.2% | |
| Amazon Com Inc. | — | — | $272K | $622K | 1.1% | |
| U.S Treasury Note 2.375%; May 15, 2029 | — | — | $595K | $599K | 1.1% | |
| U.S Treasury Note 1.250%; August 15, 2031 | — | — | $564K | $564K | 1.0% | |
| Broadcom Inc. | — | — | $238K | $528K | 0.9% | |
| U.S Treasury Note 2.875%; May 15, 2032 | — | — | $523K | $511K | 0.9% | |
| META Platforms Inc. | — | — | $346K | $462K | 0.8% | |
| U.S Treasury Bond 2.250%; August 15, 2049 | — | — | $503K | $453K | 0.8% | |
| U.S Treasury Note 4.375%; July 15, 2027 | — | — | $449K | $448K | 0.8% | |
| U.S Treasury Note 4.500%; November 15, 2033 | — | — | $443K | $445K | 0.8% | |
| Goldman Sachs Group Inc Var%; July 23, 2030 | — | — | $419K | $418K | 0.7% | |
| Citigroup, Inc. Var%; November 17, 2033 | — | — | $412K | $412K | 0.7% | |
| Alphabet Inc. | — | — | $241K | $410K | 0.7% | |
| Wells Fargo & Company Ser Mtn GLB Var%; June 2, 2028 | — | — | $388K | $409K | 0.7% | |
| U.S Treasury Note 4.000%; January 31, 2029 | — | — | $399K | $400K | 0.7% | |
| US Bancorp Var%; January 23, 2035 | — | — | $394K | $396K | 0.7% | |
| U.S Treasury Note 4.375%; November 30, 2028 | — | — | $395K | $393K | 0.7% | |
| Enterprise Products Oper 4.850%; January 31, 2034 | — | — | $398K | $393K | 0.7% | |
| BP Cap Markets America Company Gaurantee GLB 4.812%; February 13, 2033 | — | — | $396K | $392K | 0.7% | |
| Elevance Health Inc 5.700%; February 15, 2055 | — | — | $413K | $391K | 0.7% | |
| U.S Treasury Bond 1.125%; May 15, 2040 | — | — | $406K | $391K | 0.7% | |
| U.S Treasury Note 4.125% July 31, 2031 | — | — | $402K | $385K | 0.7% | |
| Union Pacific Corp GLB 3.950%; September 10, 2028 | — | — | $406K | $382K | 0.7% | |
| Taiwan S Manufacturing | — | — | $199K | $351K | 0.6% | |
| Visa Inc. | — | — | $215K | $348K | 0.6% | |
| Wells Fargo & Co. | — | — | $207K | $346K | 0.6% | |
| Anheuser-Busch Inbev Finance Company Guarantee GLB 4.900%; February 1, 2046 | Corporate Bonds | — | $371K | $343K | 0.6% | |
| Morgan Stanley 4.375%; January 22, 2047 | — | — | $361K | $328K | 0.6% | |
| Eli Lilly & Co. | — | — | $227K | $327K | 0.6% | |
| U.S Treasury Bond 2.250%; February 15, 2052 | — | — | $350K | $312K | 0.5% | |
| S SHARES / UNITS 1st Citizens BancShares Inc. | Common Stocks | — | $134K | $296K | 0.5% | |
| Citigroup Inc. | — | — | $212K | $278K | 0.5% | |
| Sanoifi ADR | — | — | $287K | $275K | 0.5% | |
| Shell PLC | — | — | $259K | $260K | 0.5% | |
| Intercontinental Exchange Inc. | — | — | $194K | $249K | 0.4% | |
| U.S Treasury Bond 1.625%; November 15, 2050 | — | — | $276K | $247K | 0.4% | |
| SS and C Technologies | — | — | $198K | $233K | 0.4% | |
| Astrazeneca Plc | — | — | $254K | $230K | 0.4% | |
| Cardinal Health Inc. | — | — | $163K | $227K | 0.4% | |
| Salesforce Inc. | — | — | $202K | $226K | 0.4% | |
| Spor Bloomberg | — | — | $212K | $212K | 0.4% | |
| Accenture PLC | — | — | $166K | $196K | 0.3% | |
| Netflix | — | — | $88K | $191K | 0.3% | |
| L3Harris Technoogies Inc. | — | — | $186K | $186K | 0.3% | |
| BP Plc | — | — | $203K | $185K | 0.3% | |
| HP Inc. | — | — | $195K | $176K | 0.3% | |
| Texas Instruments | — | — | $159K | $176K | 0.3% | |
| JPMorgan Chase and Co. | — | — | $94K | $175K | 0.3% | |
| RELX PLC | — | — | $125K | $175K | 0.3% | |
| Cadence Design Systems | — | — | $121K | $174K | 0.3% | |
| Medtronic PLC | — | — | $190K | $169K | 0.3% | |
| Tesla Inc. | — | — | $114K | $167K | 0.3% | |
| Diageo PLC SPSD | — | — | $186K | $167K | 0.3% | |
| Williams Company | — | — | $99K | $164K | 0.3% | |
| Abbvie Inc. | — | — | $143K | $163K | 0.3% | |
| Comcast Corp. | — | — | $175K | $163K | 0.3% | |
| CVS Health Corp. | — | — | $208K | $162K | 0.3% | |
| Intuit | — | — | $90K | $161K | 0.3% | |
| General Motors Co. | — | — | $107K | $161K | 0.3% | |
| Novo Nordisk AS | — | — | $165K | $160K | 0.3% | |
| Otis Worldwide Corp. | — | — | $147K | $154K | 0.3% | |
| Sony Corp. | — | — | $133K | $153K | 0.3% | |
| Kraft (The) Heinz Co. | — | — | $189K | $152K | 0.3% | |
| American International | — | — | $97K | $151K | 0.3% | |
| Baxter International Inc. | — | — | $224K | $150K | 0.3% | |
| RTX Corp | — | — | $95K | $143K | 0.3% | |
| Coca Cola | — | — | $163K | $140K | 0.2% | |
| Mastercard Inc. | — | — | $97K | $139K | 0.2% | |
| Unitedhealth Group Inc. | — | — | $137K | $138K | 0.2% | |
| Transdigm Group Inc. | — | — | $71K | $136K | 0.2% | |
| Cognizant Technology Solutions | — | — | $116K | $135K | 0.2% | |
| LVMH Moet Hennessy \\ | — | — | $149K | $135K | 0.2% | |
| Fidelity National Information Services | — | — | $161K | $129K | 0.2% | |
| Philip Morris International Inc. | — | — | $100K | $128K | 0.2% | |
| GE Aerospace | — | — | $135K | $128K | 0.2% | |
| Banco Bilbao Vizcaya | — | — | $127K | $126K | 0.2% | |
| British American Tobacco Spadr. | — | — | $120K | $126K | 0.2% | |
| Sempra | — | — | $104K | $125K | 0.2% | |
| Cisco Systems Inc. | — | — | $105K | $125K | 0.2% | |
| Allegion PLC | — | — | $114K | $125K | 0.2% | |
| Citizens Financial Group Inc. | — | — | $86K | $123K | 0.2% | |
| Verizon Communications | — | — | $134K | $122K | 0.2% | |
| Intuitive Surgical Inc. | — | — | $58K | $122K | 0.2% | |
| Labcorp Holding Inc. | — | — | $106K | $120K | 0.2% | |
| Home Depot Inc. | — | — | $112K | $120K | 0.2% | |
| Hubbell Inc. | — | — | $111K | $119K | 0.2% | |
| Air Liquide | — | — | $108K | $117K | 0.2% | |
| Union Pacific Corp. | — | — | $111K | $117K | 0.2% | |
| Oracle Corp. | — | — | $81K | $113K | 0.2% | |
| Hess Corp. | — | — | $124K | $112K | 0.2% | |
| Electronic Arts Inc. | — | — | $105K | $111K | 0.2% | |
| Johnson Controls Inter | — | — | $84K | $105K | 0.2% | |
| Zurich Insurance Group | — | — | $85K | $104K | 0.2% | |
| Vertiv HLDG Co. | — | — | $74K | $102K | 0.2% | |
| Schwab Charles Corp. | — | — | $89K | $101K | 0.2% | |
| Willis Towers Watson PLC | — | — | $74K | $99K | 0.2% | |
| M&T Bank Corporation | — | — | $62K | $97K | 0.2% | |
| Applied Material Inc. | — | — | $105K | $96K | 0.2% | |
| Sealed Air Corp. | — | — | $138K | $95K | 0.2% | |
| CMS Energy Corp | — | — | $94K | $95K | 0.2% | |
| Baker Hughes Co. | — | — | $69K | $93K | 0.2% | |
| Moody's Corp. | — | — | $75K | $93K | 0.2% | |
| Walmart Inc. | — | — | $98K | $93K | 0.2% | |
| ASML Holdings N.V. NY | — | — | $75K | $92K | 0.2% | |
| Copart Inc. | — | — | $78K | $92K | 0.2% | |
| Fid National Financial Inc. | — | — | $65K | $91K | 0.2% | |
| Ametek Inc. | — | — | $80K | $89K | 0.2% | |
| PG&E Corp. | — | — | $70K | $89K | 0.2% | |
| Royal KPN N.V. | — | — | $89K | $88K | 0.2% | |
| Crown Castle Inc. | — | — | $97K | $88K | 0.2% | |
| Leidos Holdings Inc. | — | — | $62K | $87K | 0.2% | |
| Hasbro Inc. | — | — | $81K | $86K | 0.2% | |
| Air Products & Chem | — | — | $86K | $86K | 0.2% | |
| Dollar General Corp. | — | — | $178K | $86K | 0.2% | |
| Entergy Corp. | — | — | $63K | $85K | 0.1% | |
| Telus Corp. | — | — | $118K | $84K | 0.1% | |
| Sherwin Williams | — | — | $53K | $84K | 0.1% | |
| Blackstone Inc. | — | — | $49K | $84K | 0.1% | |
| Elevance Health Inc. | — | — | $72K | $83K | 0.1% | |
| BAE Systems PLC | — | — | $92K | $83K | 0.1% | |
| Ferrari NV | — | — | $76K | $79K | 0.1% | |
| Suncor Energy Inc. | — | — | $75K | $78K | 0.1% | |
| Kimberly Clark | — | — | $85K | $78K | 0.1% | |
| Shopify Inc. | — | — | $43K | $72K | 0.1% | |
| Cigna Group/The | — | — | $63K | $72K | 0.1% | |
| Exelon Corporation | — | — | $74K | $72K | 0.1% | |
| Koninkl Philips N.V. | — | — | $73K | $71K | 0.1% | |
| Assurant Inc. | — | — | $46K | $71K | 0.1% | |
| S&P Global Inc. | — | — | $38K | $70K | 0.1% | |
| Zoetis Inc. | — | — | $64K | $69K | 0.1% | |
| Boston Scientific Corp. | — | — | $55K | $69K | 0.1% | |
| Costar Group Inc. | — | — | $74K | $66K | 0.1% | |
| Applovin Corp. | — | — | $72K | $64K | 0.1% | |
| Wabtec | — | — | $55K | $64K | 0.1% | |
| PPG Industries Inc. | — | — | $72K | $64K | 0.1% | |
| Hilton Worldwide | — | — | $65K | $63K | 0.1% | |
| AT&T Inc. | — | — | $50K | $62K | 0.1% | |
| Gallagher Arthur J & Co. | — | — | $24K | $62K | 0.1% | |
| Republic Services Inc. | — | — | $47K | $62K | 0.1% | |
| Humana Inc. | — | — | $96K | $61K | 0.1% | |
| Align Technology Inc. | — | — | $79K | $60K | 0.1% | |
| Danaher Corp. | — | — | $56K | $59K | 0.1% | |
| Keurig Dr Pepper Inc. | — | — | $59K | $59K | 0.1% | |
| Intrpublic Group of Co. | — | — | $62K | $56K | <0.1% | |
| Fox Corp. | — | — | $39K | $54K | <0.1% | |
| Hewlett Packard | — | — | $45K | $52K | <0.1% | |
| Disney (WALT) Co. | — | — | $44K | $51K | <0.1% | |
| Micron Technology Inc. | — | — | $41K | $47K | <0.1% | |
| Trane Technologies PLC | — | — | $49K | $47K | <0.1% | |
| Mid America Apartment Communities, Inc. | — | — | $42K | $46K | <0.1% | |
| International Flavors & Fragrance | — | — | $45K | $46K | <0.1% | |
| AMN Electric Power Co. | — | — | $42K | $46K | <0.1% | |
| Old Dominion Fght Lines | — | — | $51K | $45K | <0.1% | |
| Trade (THE) Desk Inc. | — | — | $44K | $43K | <0.1% | |
| Lear Corp. | — | — | $59K | $42K | <0.1% | |
| Dominion Energy Inc. | — | — | $43K | $42K | <0.1% | |
| UBS Group AG Namen-AKT | — | — | $41K | $40K | <0.1% | |
| Teck Resources Limited CLS B | — | — | $46K | $38K | <0.1% | |
| Constellation Brands Inc. | — | — | $44K | $38K | <0.1% | |
| CNH Industrial NV | — | — | $39K | $37K | <0.1% | |
| Pfizer Inc. | — | — | $37K | $34K | <0.1% | |
| Mongodb Inc. | — | — | $48K | $31K | <0.1% | |
| Newell Brands Inc. | — | — | $55K | $30K | <0.1% | |
| Fortrea Holdings Inc. | — | — | $34K | $17K | <0.1% |
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