DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Chick-Fil-A, Inc. Defined Benefit Pension Plan

Corporate pensionAtlanta, GA
Assets
$527M
Total assets, Dec 31, 2024 reported
Funded
151.8%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
28
none on the tape
Plan sponsor: Chick-Fil-A, Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Non-interest-bearing cash 4.1%
  • U.S. Government securities 15.2%
  • Partnership/joint venture interests 1.5%
  • Common/collective trusts 17.2%
  • Registered investment companies 40.9%
Consultants and advisers
2 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
5 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
28 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024EB Temporary Investmentcollective trustBNY MellonPooled vehicles$50.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Russell 1000 Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$6.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Tactical Exposure Fund Instcollective trustGoldman Sachs Trust CompanyHedge / diversifiers$14.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Daily Msci Eafe Index Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$2.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Msci Eafe Small Cap Index Fundcollective trustState Street Global Advisors TrustPublic equity$2.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Msci Emg Mkts Nl Ctfcollective trustState Street Global Advisors Trust CoPooled vehicles$6.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Russell 2000 Index Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$3.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Boston Partners Trend Fundcollective trustBoston PartnersHedge / diversifiers$5.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Daily Msci Eafe Index Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$8.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Msci Eafe Small Cap Index Fundcollective trustState Street Global Advisors TrustPublic equity$2.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Msci Emg Mkts Nl Ctfcollective trustState Street Global Advisors Trust CoPooled vehicles$6.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street Factor Based Nl Ctf.collective trustState Street Factor Based Nl Ctf.Pooled vehicles$17.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell 2000 Index Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$4.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Boston Partners Trend Fundcollective trustBoston PartnersHedge / diversifiers$2.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023EB Temporary Investmentcollective trustBNY MellonPooled vehicles$67.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023GS Ct Long Duration Credit Fundcollective trustGoldman Sachs Trust CompanyPrivate credit$44.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell 1000 Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$15.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Tactical Exposure Fund Instcollective trustGoldman Sachs Trust CompanyHedge / diversifiers$9.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022EB Temporary Investmentcollective trustBNY MellonPooled vehicles$33.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022GS Ct Long Duration Credit Fundcollective trustGoldman Sachs Trust CompanyPrivate credit$61.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell 1000 Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$18.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Tactical Exposure Fund Instcollective trustGoldman Sachs Trust CompanyHedge / diversifiers$9.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Daily Msci Eafe Index Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$8.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Msci Eafe Small Cap Index Fundcollective trustState Street Global Advisors TrustPublic equity$2.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Msci Emg Mkts Nl Ctfcollective trustState Street Global Advisors Trust CoPooled vehicles$6.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street Factor Based Nl Ctf.collective trustState Street Factor Based Nl Ctf.Pooled vehicles$16.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell 2000 Index Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$4.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Boston Partners Trend Fundcollective trustBoston PartnersHedge / diversifiers$2.5M heldDisclosed holdingaskebsa.dol.gov
Size and funding
33 readings
Total assets
$527M Dec 31, 2024 reported Form 5500
$439M (2023-12) · $395M (2022-12)
Plan assets
$425M Jan 1, 2024 reported Form 5500
$391M (2023-01) · $532M (2022-01)
Net assets
$515M Dec 31, 2024 reported Form 5500
$425M (2023-12) · $392M (2022-12)
Funded ratio
151.8% Jan 1, 2024 reported Form 5500
158.7% (2023-01) · 239.6% (2022-01)
Funding target
$308M Jan 1, 2024 reported Form 5500
$271M (2023-01) · $213M (2022-01)
Discount rate
5.16% Jan 1, 2024 reported Form 5500
5.27% (2023-01) · 5.44% (2022-01)
Participants
4,156 Jan 1, 2024 reported Form 5500
3,511 (2023-01) · 3,157 (2022-01)
Contributions
$110M Dec 31, 2024 reported Form 5500
$24.2M (2023-12) · $32.6M (2022-12)
Benefits paid
$6.7M Dec 31, 2024 reported Form 5500
$29.5M (2023-12) · $14.0M (2022-12)
Net investment income
$89.5M Dec 31, 2024 reported Form 5500
$33.1M (2023-12) · $-141M (2022-12)
Investment management fees
$974,215 Dec 31, 2024 reported Form 5500
$1.0M (2023-12) · $1.1M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20244,156$425M$308M151.8%$527M$8.1Mn/an/a
2023 to Dec 31, 20233,511$391M$271M158.7%$439M$3.7Mn/an/a
2022 to Dec 31, 20223,157$532M$213M239.6%$395M$4.8Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Goldman Sachs Asset Management codes 28 $974,215 PY2024
  • The Bank of New York Mellon codes 18 $137,357 PY2024
  • State Street Global Advisors Tr Co codes 28 $10,125 PY2024
  • Tactical Exposure Fund Inst Sched. D C $14.2M PY2024
  • Daily Msci Eafe Index Nl Fund Sched. D C $2.3M PY2024
  • Msci Emg Mkts Nl Ctf Sched. D C $6.4M PY2024
  • Russell 2000 Index Nl Fund Sched. D C $3.6M PY2024
  • Boston Partners Trend Fund Sched. D C $5.2M PY2024
  • Msci Eafe Small Cap Index Fund Sched. D C $2.2M PY2024
  • EB Temporary Investment Fund Sched. D C $50.3M PY2024
  • Russell 1000 Index Nl Fund Sched. D C $6.5M PY2024
  • PWC US Consulting LLP codes 11 PY2024
  • Goldman Sachs Asset Management codes 28 $761,054 PY2023
  • The Bank of New York Mellon codes 18 $95,635 PY2023
  • State Street Global Advisors Tr Co codes 28 $21,982 PY2023
  • Boston Partners Trend Fund Sched. D C $2.7M PY2023
  • Daily Msci Eafe Index Nl Fund Sched. D C $8.7M PY2023
  • Msci Eafe Small Cap Index Fund Sched. D C $2.6M PY2023
  • Msci Emg Mkts Nl Ctf Sched. D C $6.4M PY2023
  • Ftse Developed Compre Factr Indx Nl Sched. D C $17.7M PY2023
  • Russell 2000 Index Nl Fund Sched. D C $4.2M PY2023
  • EB Temporary Investment Fund Sched. D C $67.8M PY2023
  • Long Duration Credit Fund Sched. D C $44.8M PY2023
  • Russell 1000 Index Nl Fund Sched. D C $15.5M PY2023
  • Tactical Exposure Fund Inst Sched. D C $9.9M PY2023
  • PWC US Consulting LLP codes 11 PY2023
  • Goldman Sachs Asset Management codes 28 $598,071 PY2022
  • The Bank of New York Mellon codes 18 $95,334 PY2022
  • State Street Global Advisors Tr Co codes 28 $24,924 PY2022
  • EB Temporary Investment Fund Sched. D C $33.3M PY2022
  • Long Duration Credit Fund Sched. D C $61.7M PY2022
  • Russell 1000 Index Nl Fund Sched. D C $18.2M PY2022
  • Tactical Exposure Fund Inst Sched. D C $9.9M PY2022
  • Daily Msci Eafe Index Nl Fund Sched. D C $8.3M PY2022
  • Msci Eafe Small Cap Index Fund Sched. D C $2.3M PY2022
  • Msci Emg Mkts Nl Ctf Sched. D C $6.9M PY2022
  • Ftse Developed Compre Factr Indx Nl Sched. D C $16.7M PY2022
  • Russell 2000 Index Nl Fund Sched. D C $4.0M PY2022
  • Boston Partners Trend Fund Sched. D C $2.5M PY2022
  • PWC US Consulting LLP codes 11 PY2022
What changed
7 events
  • Dec 31, 2024Holding endedinference
    Chick-Fil-A, Inc. Defined Benefit Pension Plan no longer reports State Street Factor Based Nl Ctf. (State Street Factor Based Nl Ctf.) (last held $18M at 2023-12-31; absent from the 2024-12-31 filing)
    with State Street Factor Based Nl Ctf.askebsa.dol.gov
  • Dec 31, 2024Holding endedinference
    Chick-Fil-A, Inc. Defined Benefit Pension Plan no longer reports GS Ct Long Duration Credit Fund (Goldman Sachs Trust Company) (last held $45M at 2023-12-31; absent from the 2024-12-31 filing)
    with Goldman Sachs Trust Companyaskebsa.dol.gov
  • Dec 31, 2024Assets changed
    Chick-Fil-A, Inc. Defined Benefit Pension Plan total assets $439M -> $527M (+20.1%, 2023-12-31 to 2024-12-31)
  • Jan 1, 2024Funded status changed
    Chick-Fil-A, Inc. Defined Benefit Pension Plan funded ratio 158.7% -> 151.8% (2023-01-01 to 2024-01-01)
  • Dec 31, 2023Assets changed
    Chick-Fil-A, Inc. Defined Benefit Pension Plan total assets $395M -> $439M (+11.2%, 2022-12-31 to 2023-12-31)
  • Jan 1, 2023Funded status changed
    Chick-Fil-A, Inc. Defined Benefit Pension Plan funded ratio 239.6% -> 158.7% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Chick-Fil-A, Inc. Defined Benefit Pension Plan plan assets $532M -> $391M (-26.4%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 580941582-334
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.