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FORM 5500 DATA

Chick-fil-A, Inc. Profit Sharing Plan

Overview

Plan Information

  • Plan Year01/01/2015 — 12/31/2015
  • Date of Plan05/01/1972
  • Net Assets as of 12/31/2015 $231,181,248
  • 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 12/31/2015

  • Active (Eligible) Participants1,953
  • Retired or separated participants receiving benefits3
  • Other retired or separated participants entitled to future benefits177
  • Subtotal2,133
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits2
  • Total2,135
  • Total number of participants as of 01/01/20151,947
  • Number of participants with account balances1,670
  • 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

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.
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 $22,165,236
Contributions $22,865,800
Cash Contributions $22,865,800
Cash from Employers $8,156,640
Cash from Participants $12,736,126
Others (including rollovers) $1,973,034
Noncash Contributions $0
Total Earnings on Investments $-700,564
Total Interest $2,273
Interest-Bearing Cash $2,273
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 $9,270,578
Preferred Stock $0
Common Stock $205,837
Rents $0
Net gain (loss) on sale of assets $-190,369
Aggregate Proceeds $5,431,243
Aggregate Carrying Amount $5,621,612
Total Unrealized Appreciation (depreciation) of assets $-183,092
Real Estate $61,365
Other $-244,457
Net investment gain (loss) from common/collective trusts $-19,476
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 $-9,580,478
Other Income $0
Expenses $6,697,159
Total Benefit Payments $5,790,241
Directly to participants or beneficiaries, including direct rollovers $5,790,241
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $801,924
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $104,994
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $34,038
Other Administrative Fees $70,956
Net Income $15,468,077
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2015 12/31/2014 Change YOY
Total Assets $231,983,172 $215,721,619 7.54%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $22,407 -100.00%
Employer Contributions $0 $10,213 -100.00%
Participant Contributions $0 $12,194 -100.00%
Other Contributions $0 $0 0.0%
General Investments $3,877,193 $1,647,315 135.36%
Interest-bearing cash $3,877,193 $1,647,315 135.36%
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 $12,670,463 $8,854,019 43.10%
Preferred $0 $0 0.0%
Common $12,670,463 $8,854,019 43.10%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $570,615 $509,250 12.05%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $0 $0 0.0%
Value of interest in common/collective trusts $10,129,536 $10,561,519 -4.09%
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 $204,735,365 $194,127,109 5.46%
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 $801,924 $8,448 9392.47%
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) $801,924 $8,448 9392.47%
Net Assets $231,181,248 $215,713,171 7.17%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Investments Institutional

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 $74,547 $0 $74,547
Strategic Advisors, Inc. Investment advisory (plan) Advisor $34,038 $0 $34,038
Total $108,585 $0 $108,585

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Tweedy Browne Global Value Fund Sub-transfer agency fees $21.00 $0
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 Putnam Capital Spectrum Fund Cl Y Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Eaton Vance Global Macro Capitl Opp 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 Nicholas Fund Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Shelton Nasdaq 100 Index Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Fpa New Income Sub-transfer agency fees $6.00 $0
Fidelity Investments Institutional Eaton Vance Global Macro Capitl Opp Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Aqr Small Cap Multi Style Fund Cl N 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 Large Cap Multi Style Cl N Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Aqr Large Cap Defensive Style Cl 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 Wintergreen Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pimco Credit Absolute Return Cl D 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 Lazard Global Listedinfrastructure 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 Scotia Dynamic Us Growth Fund Cl I Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Causeway Internatnalvalue Investor 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 Polen Growth Fund Retail Shares 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 Touchstone Sands Cap Sel Grwth Z 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 Doubleline Low Duration Cl N Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Artisan Internatl Investor Class Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Scout International Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Leuthold Core Investment Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Oberweis Intl Opportunities Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Driehaus Micro Cap Growth Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Weitz Value Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Litman Gregory Mstrsalt Strategies Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Broadview Opportunity Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Wasatch Small Cap Growth Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Wasatch Frontier Emerging Small Co Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Matthews Pacific Tiger Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Matthews China Div Fund Investor Cl 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 Hennessy Focus Fund Investor 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 Pimco Short Term Class D Sub-transfer agency fees 0.38% $0
Fidelity Investments Institutional Pimco Low Duration Class D Sub-transfer agency fees 0.38% $0
Fidelity Investments Institutional Eaton Vance Short Duration Real Ret 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 Eaton Vance Floatingrate Advantage Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Loomis Sayles Bond Instl Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Third Avenue Real Estate Value Inst Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Deutsche Short Duration Fd Cl S Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Deutsche Global Highincome Fd S Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Gabelli Small Cap Growth Aaa Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional William Blair Bond Fund Cl N Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Oakmark Global Fund I Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Oakmark International Cl I Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Harbor Capital Appreciation Inv Cl Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Janus Enterprise Fund Class T Share Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Fpa Crescent Fund Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Payden Limited Maturity Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Lord Abbett Infltn Focused Cl A Sub-transfer agency fees 0.17% $0
Fidelity Investments Institutional Putnam Internationalcapital Opport Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Putnam Absolute Return 100 Fund Cl Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Columbia Mid Cap Value Class A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Columbia Dividend Income Cl A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Mfs International Value Fund Cl A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Credit Suisse Commodreturn Strategy Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Allianzgi Nfj Small Cap Value Cl A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional T Rowe Price Value Fund Advisor Cl Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional T Rowe Price New Amegrowth Adv Cl Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Evermore Global Value Fd Investor Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Calamos Market Neutral Income Cl A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Nuveen Inflation Protected Sec Cl A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Goldman Sachs Intl Sm Cap Insights Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Goldman Sachs Infl Protected Secs C Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Ivy High Income Class Y Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Tortoise Mlp & Pipeline Fd Investor Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Invesco European Small Company Cl A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Invesco Floating Rate Fund Class A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Oppenheimer Senior Floating Rate Cl Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Oppenheimer Intl Smlmid Company Cl Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Oppenheimer Intl Growth Class A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Oppenheimer Intl Bond Class A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Thornburg Intl Value Cl A Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Tcw Total Return Bond Class N Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Absolute Strategies Institutional Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional Kinetics Paradigm Fd Instit Cl Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional Homestead Small Company Stock Fd Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional Evermore Global Value Fd Instl Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional American New Perspective Cl F2 Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional American New Economy Class F1 Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional American High Income Class F1 Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional Loomis Sayles Bond Retail Shares Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Aqr Small Cap Multi Style Fund Cl I 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 Large Cap Multi Style Fd Cl I Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Iva Worldwide Fund Cl I Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Gotham Enhanced Return Fund Instl 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 Baron Real Estate Fund Institutiona Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Gabelli Abc Fund Advisor Class 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 Aberdeen Emerging Markets Fd Instl Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Boston Partners Long Short Eq Instl Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Ab Bond Inflation Strategy Class A Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional First Eagle Overseas Class I Sub-transfer agency fees 0.09% $0
Fidelity Investments Institutional Mfs International Value Fd Cl I Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Blackrock Total Return Fd Service 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 Touchstone Mid Cap Growth Class C Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Wells Fargo Absolute Return Inst Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Jpmorgan Strategic Income Opps Sele Sub-transfer agency fees 0.07% $0
Fidelity Investments Institutional Jpmorgan Inflation Managed Bond Sel Sub-transfer agency fees 0.07% $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 Primecap Odyssey Growth Fund 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 Instl 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 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 Dodge & Cox Income - Boston Financ Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Gs Sm Cap Value Inst - Goldman, Sa Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Trp Equity Income - T. Rowe Price 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

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Stable Value Fund C Wells Fargo Bank, N.A. DFE: Common/Collective Trust $10,129,536
Total $10,129,536

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.