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AllocatorsPlancorporate pension100m-1b

YUM Brands Retirement Plan

Allocators

Louisville, KY

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Search this name across graphsid dfx:al:a8e4270a-848c-40bb-8944-96a555f25b72

Data as of Sep 15, 2026 (this record's last observation) from Government tapes; SEC filings; What the plans publish; Pending. Page built Sep 20, 2026, 11:22 AM UTC and rebuilt at most every 15 minutes.

Relationships: 10
Dated events: 4
On other graphs: 0
Observed: Sep 15, 2026 to Sep 15, 2026

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Total assets: $711Mlatest reading; see basis
Assets as of: Dec 31, 2024
Assets basis: REPORTED
Funded ratio: 91%
Participants: 19,460
Commitments: 12with an amount; holdings are counted apart
Managers: 3
Funds: 4
Re-ups: 0
First-time managers: 0
Latest commitment: Dec 31, 2024
Consultants: 0
Private markets target, %: 0latest policy, percent of assets
Private equity target, %: 0latest policy, percent of assets
Latest policy: Dec 31, 2024
People: 0

Holdings (a value, never a commitment)

a Schedule D plan interest or a 990-PF other investment: a value on a date, never an approval

Vehicle	Manager	Bucket	Value	As of	Kind	Source
Msci Acwi Index Nl Fund	State Street Global Advisors Trust Company	Pooled vehicle	$213M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Msci Acwi Index Nl Fund	State Street Global Advisors Trust Company	Pooled vehicle	$212M	Dec 31, 2024	Collective trust	Dol form 5500 pension
WTW Gt Real Asset Fund	Towers Watson Investment Services,	Real assets	$192M	Dec 31, 2022	Collective trust	Dol form 5500 pension
Msci Acwi Index Nl Fund	State Street Global Advisors Trust Company	Pooled vehicle	$179M	Dec 31, 2022	Collective trust	Dol form 5500 pension
WTW Gt Real Asset Fund	Towers Watson Investment Services,	Real assets	$149M	Dec 31, 2023	Collective trust	Dol form 5500 pension
WTW Gt Diversified Credit Fund	Towers Watson Investment Services,	Private credit	$146M	Dec 31, 2024	Collective trust	Dol form 5500 pension
WTW Gt Diversified Credit Fund	Towers Watson Investment Services,	Private credit	$146M	Dec 31, 2022	Collective trust	Dol form 5500 pension
WTW Gt Real Asset Fund	Towers Watson Investment Services,	Real assets	$141M	Dec 31, 2024	Collective trust	Dol form 5500 pension
WTW Gt Diversified Credit Fund	Towers Watson Investment Services,	Private credit	$132M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Collective Short Term Investment Fd	Northern Trust Investments, Incorporated	cash	$58.5M	Dec 31, 2023	Collective trust	Dol form 5500 pension
Collective Short Term Investment Fd	Northern Trust Investments, Incorporated	cash	$27.7M	Dec 31, 2024	Collective trust	Dol form 5500 pension
Collective Short Term Investment Fd	Northern Trust Investments, Incorporated	cash	$20.1M	Dec 31, 2022	Collective trust	Dol form 5500 pension

Policy targets, latest period

the latest period this plan published, every item quoted from its own report; a target is never an actual; 18 rows folded into 6

Bucket	Target %	Range low	Range high	Actual %	Actual	Period end	Basis
U.S. Government securities	n/a	n/a	n/a	17	$119M	Dec 31, 2024	Derived
Corporate debt instruments (preferred)	n/a	n/a	n/a	0	$1.8M	Dec 31, 2024	Derived
Corporate debt instruments (other)	n/a	n/a	n/a	3	$20.9M	Dec 31, 2024	Derived
Other investments	n/a	n/a	n/a	1	$8.4M	Dec 31, 2024	Derived
Common/collective trusts	n/a	n/a	n/a	74	$527M	Dec 31, 2024	Derived
Registered investment companies	n/a	n/a	n/a	3	$19.0M	Dec 31, 2024	Derived

Consultants

Form 5500 Schedule C, Form ADV and the plan's own reports; a Schedule C relationship is current for 24 months after the plan year end

Consultant	Role	From	To	Current	Evidence	Source
Willis Towers Watson US LLC	actuary	Jan 1, 2024	Dec 31, 2024	no	fact	Dol form 5500 pension
Northern Trust Co.	trustee	Jan 1, 2022	Dec 31, 2022	no	fact	Dol form 5500 pension
Mercer	actuary	Jan 1, 2022	Dec 31, 2022	no	fact	Dol form 5500 pension
Towers Watson Investment Services,	actuary	Jan 1, 2022	Dec 31, 2022	no	fact	Dol form 5500 pension
State Street Research & Management	trustee	Jan 1, 2022	Dec 31, 2022	no	fact	Dol form 5500 pension
Nisa Investment Advisors, LLC	trustee	Jan 1, 2022	Dec 31, 2022	no	fact	Dol form 5500 pension
Blackrock Institutional Trust Co,na	trustee	Jan 1, 2022	Dec 31, 2022	no	fact	Dol form 5500 pension

Managers

managers this plan names on Schedule C or in its reports; a manager here is a reference node keyed to the private equity, venture and real estate fund graphs, never a new identity

Manager	Mandate	From	To	Current	Evidence
Northern Trust Investments, Incorporated	n/a	Dec 31, 2022	n/a	yes	fact
Pacific Investmt Management Co LLC	Investment management	Jan 1, 2022	Dec 31, 2022	no	fact

Relationships

Manages for (2)

← Northern Trust Investments, IncorporatedManager with allocator capital
Dec 31, 2022 to presentfactForm 5500
← Pacific Investmt Management Co LLCManager with allocator capitalInvestment management
Jan 1, 2022 to Dec 31, 2022factForm 5500

Sponsors (1)

← YUM Brands, Inc.Plan sponsorPlan sponsor
Jan 1, 2022 to presentfactForm 5500

Advised by (7)

→ Blackrock Institutional Trust Co,naInvestment consultanttrustee
Jan 1, 2022 to Dec 31, 2022factForm 5500
→ Northern Trust Co.Investment consultanttrustee
Jan 1, 2022 to Dec 31, 2022factForm 5500
→ MercerInvestment consultantactuary
Jan 1, 2022 to Dec 31, 2022factForm 5500
→ Towers Watson Investment Services,Investment consultantactuary
Jan 1, 2022 to Dec 31, 2022factForm 5500
→ State Street Research & ManagementInvestment consultanttrustee
Jan 1, 2022 to Dec 31, 2022factForm 5500
→ Nisa Investment Advisors, LLCInvestment consultanttrustee
Jan 1, 2022 to Dec 31, 2022factForm 5500
→ Willis Towers Watson US LLCInvestment consultantactuary
Jan 1, 2024 to Dec 31, 2024factForm 5500

Dated events

3 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Dec 31, 2023
Manager relationship ended
Blackrock no longer appears on YUM Brands Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)
Blackrock Institutional Trust Co,na Form 5500observed 5 days ago

Show 3 bookkeeping events

Occurred
Jan 1, 2024
YUM Brands Retirement Plan funded ratio 85.6% -> 90.7% (2023-01-01 to 2024-01-01)
Occurred
Jan 1, 2023
YUM Brands Retirement Plan plan assets $1.0B -> $664M (-34.2%, 2022-01-01 to 2023-01-01)
Occurred
Jan 1, 2023
YUM Brands Retirement Plan funded ratio 112.4% -> 85.6% (2022-01-01 to 2023-01-01)

Provenance

Graph: Allocators
Canonical id: dfx:al:a8e4270a-848c-40bb-8944-96a555f25b72
First observed: Sep 15, 2026
Last observed: Sep 15, 2026 4 days ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.