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Wilshire Advisors LLC

Wilshire estimates U.S. state pension funded ratio fell in Q1 2026

May 12, 2026 primary Manager profile

Summary: Wilshire estimated that the aggregate funded ratio for U.S. state pension plans declined by 1.9 percentage points in Q1 2026 to 83.5%. The post should treat the figures as Wilshire's published estimate, not as a Form 5500-derived or plan-specific conclusion.

Why it matters: The update is relevant to plan sponsors, consultants, and diligence readers monitoring funded-status pressure, asset/liability sensitivity, and the public research views of a large adviser/consultant platform.

9AT filing context: Public ADV/profile context maps Wilshire / Wilshire Advisors LLC to CIK 1616628, CRD 6210 / SEC file 801-36233, with about $149.1B in reported regulatory AUM/profile scale, 107 private funds, 307 employees, and separately managed account activity. Do not force Form 5500 context because the source concerns aggregate public-plan funded status rather than a specific private plan filing.

Summary

Wilshire published an estimate that the aggregate funded ratio for U.S. state pension plans declined by 1.9 percentage points in the first quarter of 2026 to 83.5%. The May 12, 2026 release is Wilshire-hosted and should be framed as Wilshire’s research estimate.

This is a research/advisory-context item, not a transaction announcement. It should not be described as Form 5500 data or as a plan-specific funding conclusion.

Why it matters

For due-diligence readers, public pension funded-status estimates can help frame questions about asset/liability sensitivity, return assumptions, contribution pressure, and how consultants discuss market moves with plan stakeholders. The update is also a public signal of Wilshire’s research and advisory posture in the pension market.

The figures should be used as context for monitoring, not as a recommendation about plan policy, manager selection, or asset allocation.

Source notes

9AT filing context

Public ADV/profile context maps Wilshire / Wilshire Advisors LLC to CIK 1616628, CRD 6210 / SEC file 801-36233, with about $149.1 billion in reported regulatory AUM/profile scale, 107 private funds, 307 employees, and separately managed account activity. This supports adviser/consultant platform context only.

Form 5500 context should not be forced here because the source concerns aggregate U.S. state pension funded status, not a specific private retirement-plan filing.

What to watch

Watch for Wilshire’s next quarterly public-plan funded-status estimate, changes in discount-rate or asset-return assumptions discussed in public materials, and any plan-level official disclosures that provide separate, plan-specific context.

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