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FORM 5500 DATA

Chick-fil-A, Inc. Profit Sharing Plan

Overview

Plan Information

  • Plan Year01/01/2014 — 12/31/2014
  • Date of Plan05/01/1972
  • Net Assets as of 12/31/2014 $215,713,171
  • Plan Number333
  • Plan Type Multiple Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2014

  • Active (Eligible) Participants1,806
  • Retired or separated participants receiving benefits5
  • Other retired or separated participants entitled to future benefits136
  • Subtotal1,947
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total1,947
  • Total number of participants as of 01/01/20141,713
  • Number of participants with account balances1,480
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address5200 Buffington Road
  • CityAtlanta
  • StateGA
  • Zip30349
  • Telephone(404) 765-8000
  • EIN58-0941582
  • Industry Code722513
  • Named AdministratorBrent Ragsdale
  • Named Plan SponsorBrent Ragsdale

Audit Information

  • Audit StatusAudited
  • AuditorBabush, Neiman, Kornman and Johnson
  • Auditor EIN58-0942047
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D Master plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $500,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $31,447,141
Contributions $17,477,596
Cash Contributions $17,477,596
Cash from Employers $6,967,302
Cash from Participants $10,510,294
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $13,968,029
Total Interest $125
Interest-Bearing Cash $125
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $0
Interest from Other Investments $0
Total Dividends $9,344,218
Preferred Stock $0
Common Stock $125,301
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $44,798
Real Estate $3,366
Other $41,432
Net investment gain (loss) from common/collective trusts $195,491
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $4,383,397
Other Income $1,516
Expenses $8,627,324
Total Benefit Payments $8,507,252
Directly to participants or beneficiaries, including direct rollovers $8,507,252
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $8,448
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $111,624
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $20,314
Other Administrative Fees $91,310
Net Income $22,819,817
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2014 12/31/2013 Change YOY
Total Assets $215,721,619 $192,893,791 11.83%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $22,407 $0 0.0%
Employer Contributions $10,213 $0 0.0%
Participant Contributions $12,194 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $1,647,315 $645,977 155.01%
Interest-bearing cash $1,647,315 $645,977 155.01%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $8,854,019 $4,601,227 92.43%
Preferred $0 $0 0.0%
Common $8,854,019 $4,601,227 92.43%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $509,250 $505,884 0.67%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $0 $0 0.0%
Value of interest in common/collective trusts $10,561,519 $10,043,799 5.15%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $194,127,109 $177,096,904 9.62%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $8,448 $437 1833.18%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $8,448 $437 1833.18%
Net Assets $215,713,171 $192,893,354 11.83%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Investments Institutional
  • Vanguard
  • Wells Fargo

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Fidelity Investments Institutional Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees, Securities brokerage commissions and fees Recordkeeper $68,893 $0 $68,893
Strategic Advisors, Inc. Investment advisory (plan) Advisor $20,314 $0 $20,314
Total $89,207 $0 $89,207

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional American Fundamentalinvestors Class Sub-transfer agency fees $18.00 $0
Fidelity Investments Institutional American Capital World Grth & Inc A Sub-transfer agency fees $18.00 $0
Fidelity Investments Institutional American Capital Income Builder Cl Sub-transfer agency fees $18.00 $0
Fidelity Investments Institutional Oppenheimer Int'L Bond Class A Sub-transfer agency fees $16.50 $0
Fidelity Investments Institutional The Osterweis Strategic Income Fd Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Longleaf Partners Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Kinetics Paradigm Fdinstit Cl Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Evermore Global Value Fd Cl I Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Eaton Vance Gl Macroabsolute Rtrn A Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Templeton China World Fd Cl A Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Putnam Capital Spectrum Fund Cl Y Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Gabelli Abc Fund Advisor Class Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Primecap Odyssey Growth Fund Sub-transfer agency fees $15.00 $0
Fidelity Investments Institutional Tweedy Browne Global Value Fund Sub-transfer agency fees $14.00 $0
Fidelity Investments Institutional Hussman Strategic Growth Sub-transfer agency fees $12.00 $0
Fidelity Investments Institutional Evermore Global Value Fd Cl A Sub-transfer agency fees $12.00 $0
Fidelity Investments Institutional Iva Worldwide Fund Cl I Sub-transfer agency fees $12.00 $0
Fidelity Investments Institutional First Eagle Overseas Class I Sub-transfer agency fees $11.00 $0
Fidelity Investments Institutional Fpa New Income Sub-transfer agency fees $6.00 $0
Fidelity Investments Institutional Fpa Crescent Fund Sub-transfer agency fees $6.00 $0
Fidelity Investments Institutional Wasatch Frontier Emerging Small Co' Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Wasatch Small Cap Growth Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Royce Premier Fund Investment Cl Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Semiconductor Ultra Sector Pro Fd I Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Hodges Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Matthews Asian Growth & Income Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Matthews Pacific Tiger Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Manning & Napier Equity Series Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Mfs International Value Fund Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Leuthold Core Investment Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Doubleline Total Rt Bond Fd Cl N Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Calamos Market Neutral Income Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Broadview Opportunity Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Allianzgi Nfj Small Cap Value Cl D Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Allianzgi Nfj Dividend Value Cl D Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Invesco European Small Company Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Rems Real Estate Value Opportunity Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Wintergreen Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Weitz Value Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pimco Commodities Plus Strategy Cl Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pimco All Asset Fund Class D Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pimco All Asset All Authority Cl D Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Mainstay Marketfieldfund Class I Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Litman Gregory Mstrsalt Strategies Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Lazard Global Listedinfrastructure Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Jp Morgan Strategic Income Opport A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Hennessy Focus Fund Investor Class Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Eaton Vance Global Macro Capitl Opp Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Baron Real Estate Fund Retail Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Arbitrage Credit Opportunities Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Arbitrage Event Driven Fund Cl R Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Arbitrage Fund Class R Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Aqr Managed Futures Fund Cl N Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Aqr Us Defensive Equity Fund Cl N Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Aqr Core Equity Fundclass N Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Amg Yacktman Fund Service Class Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Jpmorgan Inflation Managed Bond Cl Sub-transfer agency fees 0.38% $0
Fidelity Investments Institutional Third Avenue Real Estate Value Inst Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Loomis Sayles Bond Instl Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Loomis Sayles Bond Retail Shares Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Janus Contrarian Fund Class T Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Oakmark Global Fund I Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Eaton Vance Gl Macroabsolute Rtrn A Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Gabelli Small Cap Growth Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional American Century Chgal Gold Inv Cl Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Absolute Strategies Institutional Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional Robeco Boston Prtnrs Longshort Eqty Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Bogle Invst Mangmt Sm Cap Grwth Inv Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Aberdeen Emerging Markets Fd Instl Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Rs Global Natural Resources Fund Cl Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Lazard Global Listed Infrastructe I Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Hartford World Bond Fund Cl I Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Hartford World Bond Fund Cl Y Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Baron Real Estate Fund Institutiona Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Aqr Managed Futures Fund Cl I Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Aqr Us Defensive Equity Fund Cl I Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Aqr Core Equity Fund Cl L Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Lord Abbett Int'L Dividend Income C Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Wells Fargo Advtng Absolute Return Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Virtus Premium Alpha Sectorsm Fund Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Touchstone Mid Cap Growth Class C Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Mfs International Value Fd Cl I Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Forward Select Income Instl Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Blackrock Strategic Income Opprtsi Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Avenue Credit Strategies Instl Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Jensen Quality Growth Fd Cl I Sub-transfer agency fees 0.06% $0
Fidelity Investments Institutional Harbor High Yield Bd Inst. Sub-transfer agency fees 0.06% $0
Fidelity Investments Institutional Jpmorgan Strategic Income Opps Sele Sub-transfer agency fees 0.06% $0
Fidelity Investments Institutional Jpmorgan Inflation Managed Bond Sel Sub-transfer agency fees 0.06% $0
Fidelity Investments Institutional Matthews Pacific Tiger Fund Instl Sub-transfer agency fees 0.05% $0
Fidelity Investments Institutional Matthews Asia Dividend Inst'L Sub-transfer agency fees 0.05% $0
Fidelity Investments Institutional Gateway Fund Class Y Sub-transfer agency fees 0.05% $0
Fidelity Investments Institutional T Rowe Price New America Growth Sub-transfer agency fees 0.04% $0
Fidelity Investments Institutional T Rowe Price International Stock Sub-transfer agency fees 0.04% $0
Fidelity Investments Institutional T Rowe Price International Bond Sub-transfer agency fees 0.04% $0
Fidelity Investments Institutional Pimco Real Return Bond Instl Class Sub-transfer agency fees 0.03% $0
Fidelity Investments Institutional Pimco Short Term Institutional Sub-transfer agency fees 0.03% $0
Fidelity Investments Institutional Allianzgi Nfj Dividend Value Inst Sub-transfer agency fees 0.03% $0
Fidelity Investments Institutional Pimco Commodities Plus Strategy Ins Sub-transfer agency fees 0.03% $0
Fidelity Investments Institutional Pimco Global Advntg Strategy Instl Sub-transfer agency fees 0.03% $0
Fidelity Investments Institutional Pimco All Asset All Authority Insti Sub-transfer agency fees 0.03% $0
Fidelity Investments Institutional Baird Core Plus Bond Institutional Sub-transfer agency fees 0.02% $0
Fidelity Investments Institutional Am Cent Govt Bd Inv - American Cen Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Am Cent Real Est Is - American Cen Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Blkrk Infl Protec Is - Bny Mellon Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Col Mid Cap Grth Z - Columbia Mgt Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Gs Sm Cap Value Inst - Goldman, Sa Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Pim Total Rt Inst - Boston Financi Sub-transfer agency fees 0.03% $0
Fidelity Investments Institutional Trp Equity Income - T. Rowe Price Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Growth Stock - T. Rowe Price S Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Trp Mid Cap Value - T. Rowe Price Sub-transfer agency fees 0.15% $0
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

Service Providers Who Fail or Refuse to Provide Information

Name Nature of Service Description of Information

Service Providers Who Fail or Refuse to Provide Information

Termination Information on Accountants and Enrolled Actuaries

Name Position Explanation

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Stable Investment Fund Wells Fargo Bank, N.A. DFE: Common/Collective Trust $10,561,519
Total $10,561,519

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.