US public pension profile
Bismarck City Employees' Pension Plan
Funding, investment choices and long-term returns.
North Dakota ·Fiscal year 2025
Fiscal year 2025 at a glance
- Assumed investment return
- 7.25%
Asset allocation in 2025
Returns to 2025
Size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | USD 0.0 billion | 436 | 90.60% | 7.50% |
| 2002 | USD 0.0 billion | 452 | 87.20% | 7.50% |
| 2003 | USD 0.0 billion | 470 | 88.60% | 7.50% |
| 2004 | USD 0.0 billion | 470 | 88.50% | 7.50% |
| 2005 | USD 0.0 billion | 477 | 87.70% | 7.50% |
| 2006 | USD 0.0 billion | 490 | 96.70% | 7.50% |
| 2007 | USD 0.1 billion | 508 | 98.00% | 7.50% |
| 2008 | USD 0.0 billion | 533 | 73.70% | 7.50% |
| 2009 | USD 0.1 billion | 546 | 79.40% | 7.50% |
| 2010 | USD 0.1 billion | 561 | 83.20% | 7.50% |
| 2011 | USD 0.1 billion | 571 | 87.80% | 7.50% |
| 2012 | USD 0.1 billion | 596 | 92.80% | 7.50% |
| 2013 | USD 0.1 billion | 620 | 101.30% | 7.50% |
| 2014 | USD 0.1 billion | 662 | 98.82% | 7.50% |
| 2015 | USD 0.1 billion | 702 | 89.88% | 7.50% |
| 2016 | USD 0.1 billion | 729 | 89.85% | 7.50% |
| 2017 | USD 0.1 billion | 742 | 91.78% | 7.50% |
| 2018 | USD 0.1 billion | 748 | 83.47% | 7.50% |
| 2019 | USD 0.1 billion | 779 | 91.64% | 7.50% |
| 2020 | USD 0.1 billion | 791 | 94.84% | 7.50% |
| 2021 | USD 0.1 billion | 826 | 100.93% | 7.50% |
| 2022 | USD 0.1 billion | 843 | 82.55% | 7.25% |
| 2023 | USD 0.1 billion | 887 | 86.57% | 7.25% |
| 2024 | USD 0.1 billion | 887 | 86.57% | 7.25% |
| 2025 | Not reported | Not reported | Not reported | 7.25% |
Asset allocation over time
| Fiscal year | Public equity | Fixed income | Private equity | Real estate | Hedge funds | Cash |
|---|---|---|---|---|---|---|
| 2001 | 47.00% | 47.00% | 1.00% | 4.00% | 0.00% | 1.00% |
| 2002 | 45.00% | 50.00% | 1.00% | 3.00% | 0.00% | 1.00% |
| 2003 | 51.00% | 44.00% | 1.00% | 3.00% | 0.00% | 1.00% |
| 2004 | 50.00% | 45.00% | 1.00% | 3.00% | 0.00% | 1.00% |
| 2005 | 50.00% | 45.00% | 1.00% | 3.00% | 0.00% | 1.00% |
| 2006 | 44.00% | 45.00% | 1.00% | 10.00% | 0.00% | 0.00% |
| 2007 | 47.00% | 41.00% | 1.00% | 10.00% | 0.00% | 1.00% |
| 2008 | 42.00% | 46.00% | 1.00% | 11.00% | 0.00% | 0.00% |
| 2009 | 37.00% | 53.00% | 0.50% | 9.00% | 0.00% | 0.50% |
| 2010 | 42.00% | 46.00% | 1.00% | 10.00% | 0.00% | 1.00% |
| 2011 | 45.00% | 44.00% | 1.00% | 10.00% | 0.00% | 0.00% |
| 2012 | 43.61% | 32.61% | 0.99% | 9.91% | 0.00% | 0.99% |
| 2013 | 43.00% | 34.00% | 4.00% | 10.00% | 0.00% | 0.00% |
| 2014 | 41.90% | 35.30% | 3.90% | 10.00% | 0.00% | 0.40% |
| 2015 | 43.24% | 34.03% | 2.70% | 11.71% | 0.00% | 0.30% |
| 2016 | 43.10% | 34.10% | 2.60% | 11.80% | 0.00% | 0.80% |
| 2017 | 43.88% | 33.33% | 2.59% | 11.54% | 0.00% | 1.10% |
| 2018 | 43.04% | 34.03% | 2.80% | 11.81% | 0.00% | 0.40% |
| 2019 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2020 | 31.57% | 33.66% | 4.37% | 0.00% | 0.00% | 0.03% |
| 2021 | 41.90% | 33.60% | 4.20% | 12.00% | 0.00% | 0.30% |
| 2022 | 40.90% | 33.70% | 5.10% | 12.00% | 0.00% | 0.30% |
| 2023 | 40.84% | 33.73% | 5.40% | 11.41% | 0.00% | 0.60% |
| 2024 | 41.40% | 34.70% | 5.60% | 10.00% | 0.00% | 0.20% |
| 2025 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
Investment returns
Each year shows the return over the preceding one, five and ten years.
| Fiscal year | One year | Five years | Ten years |
|---|---|---|---|
| 2001 | -1.58% | Not reported | Not reported |
| 2002 | -8.50% | Not reported | Not reported |
| 2003 | 22.14% | Not reported | Not reported |
| 2004 | 10.44% | Not reported | Not reported |
| 2005 | 9.73% | 5.92% | Not reported |
| 2006 | 12.47% | 8.78% | Not reported |
| 2007 | 8.32% | 12.52% | Not reported |
| 2008 | -21.50% | 3.00% | Not reported |
| 2009 | 12.81% | 3.44% | Not reported |
| 2010 | 10.92% | 3.66% | 4.78% |
| 2011 | 2.12% | 1.68% | 5.17% |
| 2012 | 12.82% | 2.51% | 7.39% |
| 2013 | 13.48% | 10.34% | 6.61% |
| 2014 | 6.40% | 9.06% | 6.21% |
| 2015 | 1.10% | 7.06% | 5.34% |
| 2016 | 7.10% | 8.08% | 4.83% |
| 2017 | 15.00% | 8.50% | 5.46% |
| 2018 | -3.00% | 5.15% | 7.71% |
| 2019 | 16.50% | 7.07% | 8.06% |
| 2020 | 10.90% | 9.07% | 8.06% |
| 2021 | 14.30% | 10.50% | 9.28% |
| 2022 | -10.10% | 5.19% | 6.83% |
| 2023 | 10.80% | 8.02% | 6.58% |
| 2024 | 8.60% | 6.52% | 6.79% |
| 2025 | Not reported | Not reported | Not reported |