Shelter Ins Retirement Plan
Shelter Ins Retirement Plan, headquartered in Columbia, Missouri, is the defined benefit retirement plan for employees of Shelter Mutual Insurance Company. The plan is designed to provide predetermined monthly retirement benefits to employees based on years of service and salary levels. As part of Shelter Mutual Insurance, the plan represents the retirement security division of a long-established regional insurance company. The employee count pertains not to the plan, but to Shelter Mutual Insurance, which employs approximately 1,500 people. The plan serves current and former Shelter Insurance employees and beneficiaries.
Investment Strategy
The Shelter Ins Retirement Plan invests in a diversified portfolio, with substantial allocation to index ETFs such as the iShares S&P 500 Index and international equity funds. The plan is focused on prudent, long-term capital appreciation and risk management to meet its defined benefit obligations to retirees. Portfolio holdings are adjusted periodically to balance return and risk, aligning with the plan’s actuarial needs and investment policy objectives.
Top Holdings
Equity Positions (8)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IVV | ISHARES TR | 58.22% | $49.7M | 80,061 | $445.71 | $620.90 | +$4.7M |
I IEFA | ISHARES TR | 21.92% | $18.7M | 224,262 | $74.86 | $83.48 | +$1.8M |
I IEMG | ISHARES INC | 10.47% | $8.9M | 148,902 | $65.96 | $60.03 | +$902.3K |
B BKNG | BOOKING HOLDINGS INC | 4.07% | $3.5M | 600 | $1592.34 | $5789.24 | +$709.4K |
O OTIS | OTIS WORLDWIDE CORP | 1.86% | $1.6M | 16,000 | $56.86 | $99.02 | -$66.9K |