US public pension profile
Des Moines Water Works Pension Plan
Funding, investment choices and long-term returns.
Iowa ·Fiscal year 2025
Fiscal year 2025 at a glance
- Assumed investment return
- 6.00%
Asset allocation in 2025
Returns to 2025
Size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | Not reported | 269 | Not reported | 7.50% |
| 2002 | Not reported | 376 | Not reported | 7.50% |
| 2003 | USD 0.0 billion | 373 | Not reported | 7.50% |
| 2004 | USD 0.0 billion | 379 | Not reported | 7.50% |
| 2005 | USD 0.0 billion | 386 | Not reported | 7.50% |
| 2006 | USD 0.0 billion | 386 | Not reported | 7.50% |
| 2007 | USD 0.0 billion | 389 | 107.00% | 7.50% |
| 2008 | USD 0.0 billion | 380 | 98.00% | 7.50% |
| 2009 | USD 0.0 billion | 380 | 90.00% | 7.50% |
| 2010 | USD 0.0 billion | 379 | 81.00% | 7.50% |
| 2011 | USD 0.0 billion | 383 | 74.00% | 7.25% |
| 2012 | USD 0.0 billion | 380 | 73.00% | 6.50% |
| 2013 | USD 0.0 billion | 369 | 85.00% | 6.50% |
| 2014 | USD 0.1 billion | 366 | 86.42% | 6.50% |
| 2015 | USD 0.0 billion | 363 | 88.66% | 6.50% |
| 2016 | USD 0.0 billion | 358 | 86.66% | 6.25% |
| 2017 | USD 0.1 billion | 353 | 85.34% | 6.25% |
| 2018 | USD 0.0 billion | 349 | 84.78% | 6.00% |
| 2019 | USD 0.1 billion | 346 | 85.53% | 6.00% |
| 2020 | USD 0.1 billion | 342 | 86.99% | 5.60% |
| 2021 | USD 0.1 billion | 339 | 90.68% | 5.60% |
| 2022 | USD 0.1 billion | 332 | 95.45% | 6.00% |
| 2023 | USD 0.1 billion | 327 | 93.65% | 6.00% |
| 2024 | USD 0.1 billion | 322 | 92.05% | 7.00% |
| 2025 | Not reported | Not reported | Not reported | 6.00% |
Asset allocation over time
| Fiscal year | Public equity | Fixed income | Private equity | Real estate | Hedge funds | Cash |
|---|---|---|---|---|---|---|
| 2001 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2002 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2003 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2004 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2005 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2006 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2007 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2008 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2009 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2010 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2011 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2012 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2013 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2014 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2015 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2016 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2017 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2018 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2019 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2020 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2021 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2022 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2023 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2024 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 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 | Not reported | Not reported | Not reported |
| 2002 | Not reported | Not reported | Not reported |
| 2003 | 7.41% | Not reported | Not reported |
| 2004 | 24.53% | Not reported | Not reported |
| 2005 | 7.99% | Not reported | Not reported |
| 2006 | 13.30% | Not reported | Not reported |
| 2007 | 6.35% | 11.72% | Not reported |
| 2008 | -31.56% | 2.09% | Not reported |
| 2009 | 18.98% | 1.16% | Not reported |
| 2010 | 13.54% | 2.18% | Not reported |
| 2011 | -0.01% | -0.34% | Not reported |
| 2012 | 12.71% | 0.82% | 6.13% |
| 2013 | 14.70% | 11.79% | 6.83% |
| 2014 | 5.51% | 9.14% | 5.08% |
| 2015 | -1.27% | 6.13% | 4.14% |
| 2016 | 7.00% | 7.58% | 3.54% |
| 2017 | 14.40% | 7.90% | 4.30% |
| 2018 | -4.87% | 3.94% | 7.79% |
| 2019 | 17.98% | 6.29% | 7.70% |
| 2020 | 12.35% | 9.07% | 7.59% |
| 2021 | 8.29% | 9.33% | 8.45% |
| 2022 | -16.84% | 2.57% | 5.20% |
| 2023 | 13.97% | 6.35% | 5.14% |
| 2024 | 8.09% | 4.50% | 5.39% |
| 2025 | Not reported | Not reported | Not reported |