# Deseret Mutual Benefit Administrators

Deseret Mutual Benefit Administrators is a Pension Fund based in Salt Lake City, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Salt Lake City, United States
- **Region:** North America
- **Address:** 150 E Social Hall Ave Ste 170, Salt Lake City, UT 84111, United States
- **Founded:** 1970
- **Assets under management:** 7.6B (Altss estimate)
- **Website:** dmba.com
- **LinkedIn:** https://www.linkedin.com/company/deseret-mutual

## About

Deseret Mutual Benefit Administrators was founded in 1970 to administer welfare and retirement benefits for participating employers tied to the Church of Jesus Christ of Latter-day Saints. The organization serves as plan administrator for the Deseret Mutual Master Retirement Plan, a single-employer non-contributory defined benefit plan. Primary client relationships run through Deseret Management Corporation and affiliated Church entities. DMBA maintains allocations across private equity, real estate, natural resources, and fixed income. Confirmed holdings include Pelion Venture Partners and Atlas Venture funds. Real estate exposure encompasses direct investments and interests in Property Reserve, Inc., Suburban Land Reserve, Inc., and Hawaii Reserves, Inc. Geographic reach covers the United States and select international markets through partnership vehicles. The firm employs 322 professionals and maintains its headquarters in Salt Lake City. DMBA participates in industry groups including the ERISA Industry Committee and SPARK Institute. No verifiable operational events from the last 24 months appear in available records.

## Sectors

- Insurance
- Real Estate
- Private Equity
- Infrastructure

## People

- Andres Almeida — President and CEO
- Kent Misener — Former Chief Investment Officer

## Questions

### Who runs investment decisions at Deseret Mutual Benefit Administrators?

Andres Almeida serves as President and CEO. Kent Misener previously held the Chief Investment Officer role.

### Does Deseret Mutual Benefit Administrators participate in fund commitments or only direct deals?

DMBA acts as a limited partner in multiple private equity, private credit, and venture capital funds.

### What asset classes does Deseret Mutual Benefit Administrators hold?

Holdings include private equity partnerships, direct real estate, natural resources exposure, and fixed income securities.

### How is Deseret Mutual Benefit Administrators related to Deseret Management Corporation?

Deseret Management Corporation serves as the ultimate controlling entity in the holding company structure that includes DMBA.

## Related profiles

- [Fiduciary Trust International](https://altss.com/profile/fiduciary-trust-international-llc)
- [Sony Bank](https://altss.com/profile/sony-bank)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/deseret-mutual-benefit-administrators

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