The Burger King Retirement Plan
Corporate pension, based in Miami, Florida, reporting $121M in assets, for 1,093 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Merrill Lynch appears on The Burger King Retirement Plan's Schedule C as general consultant (plan year 2024 vs 2023).
1 more adviser, 1 more manager, 10 more commitments and 8 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Ishares 10-20 Year Treasury2 commitments
- Ishares Core 10+ Year Usd Bo2 commitments
- Ishares 5-10y Inv Grade Corp2 commitments
- Blackrock Investments, LLC10 commitments
- State Street Global Advisors Trust Company1 commitment
- State Street Global Advisors Trust1 commitment
Relationship network
25 connected entities13 observed commitments7 repeat counterpartiescommitments 2022 to 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Common/collective trusts 50.8%
- Registered investment companies 48.3%
Consultants and advisers
- Merrill Lynch,pierce,fenner & Smith General consultantthrough Dec 31, 2024 Form 5500
- AON Hewitt Investment Consulting, I General consultantthrough Dec 31, 2022 Form 5500
- Milliman, Inc. Actuarythrough Dec 31, 2022 Form 5500
+1 more consultant or adviser advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- Blackrock Investments, LLC10 rows, latest Dec 31, 2024
- State Street Global Advisors Trust Company1 row, latest Dec 31, 2022
- State Street Global Advisors Trust1 row, latest Dec 31, 2022
+1 more manager received commitments
Every name, record and relationship behind this count, with the source on each.
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- Blackrock Investments, LLCplan years
- Frank Russell Companyplan years
- State Street Bank & Trust Companyplan years 2022
What changed
- Dec 31, 2024Consultant changedinferenceMerrill Lynch appears on The Burger King Retirement Plan's Schedule C as general consultant (plan year 2024 vs 2023)with Merrill Lynch,pierce,fenner & Smithaskebsa.dol.gov
- Dec 31, 2024Manager relationship endedinferenceState Street Bank and Trust no longer appears on The Burger King Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)with State Street Bank & Trust Companyaskebsa.dol.gov
- Jan 1, 2024Funded status changedThe Burger King Retirement Plan funded ratio 79.5% -> 86.3% (2023-01-01 to 2024-01-01)
- Dec 31, 2023Holding startedThe Burger King Retirement Plan first reports an interest in Ishares 1-5y Inv Grade Corp: $13M at 2023-12-31with Ishares 1-5y Inv Grade Corpaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceThe Burger King Retirement Plan no longer reports Russell Small/mid Cap Indx Nl Sf (State Street - Russell 2000) (last held $7M at 2022-12-31; absent from the 2023-12-31 filing)with State Street Global Advisors Trust Companyaskebsa.dol.gov
+8 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Ishares 10-20 Year Treasurycollective trust | Blackrock Investments, LLC | Fixed income | $5.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Ishares Core 10+ Year Usd Bocollective trust | Blackrock Investments, LLC | Pooled vehicles | $11.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Ishares 5-10y Inv Grade Corpcollective trust | Blackrock Investments, LLC | Pooled vehicles | $18.0M held | Disclosed holding | askebsa.dol.gov |
+10 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 1,093 | $120M | $139M | 86.3% | $121M | Not disclosed | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 1,099 | $115M | $141M | 79.5% | $120M | Not disclosed | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 1,152 | $155M | $144M | 102.5% | $115M | Not disclosed | Not disclosed | Not disclosed |
- Milliman codes 11 17 64 $156,027 PY2024
- Bank of New York Mellon codes 21 50 $88,923 PY2024
- Merrill Lynch codes 16 50 $86,525 PY2024
+25 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Record history
- Manager relationship ended2024-12-31source on record
- Consultant changed2024-12-31source on record
- Funded status changed2024-01-01source on record
+10 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+8 connections on the graph
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