Burgers Employees Profit Sharing Plan and Trust

The plan does not employ a publicly identified in-house investment team. Investment decisions are effectively delegated through a fund-of-funds structure, meaning the trust selects external fund managers rather than purchasing individual securities directly. A third-party recordkeeper and possibly an investment consultant likely support fund-menu construction and monitoring, though no named service providers appear in the public record.

The plan's name identifies it as a profit-sharing plan, which under the Internal Revenue Code falls within the defined-contribution category. Employer contributions are typically discretionary and tied to company profitability, allocated among participant accounts. The fund-of-funds investment structure aligns with the defined-contribution model, where participants bear investment risk and select among pre-approved fund options.

No. The trust deploys capital through a fund-of-funds approach, meaning all investments flow through external pooled vehicles. There is no public evidence of direct co-investments, segregated managed accounts for alternatives, or in-house capabilities for direct deal evaluation. Any exposure to private equity, venture capital, or real assets would arrive indirectly via the underlying fund portfolios the trust selects.

As a private-sector, single-employer pension plan, it falls under the Employee Retirement Income Security Act of 1974 and is subject to Department of Labor and IRS oversight. Profit-sharing plans of this type file Form 5500 annually, which becomes publicly accessible through the Department of Labor's EFAST system. The absence of widely reported AUM or participant data suggests limited public dissemination of plan financials beyond those regulatory filings.

The specific corporate sponsor is not disclosed in broadly available public records. The plan name references 'Burgers,' which may indicate a restaurant chain, food distributor, or similarly branded California-based business. Without direct disclosure from the firm or a named fiduciary in accessible filings, the sponsoring entity's identity remains unconfirmed.