# Deseret Mutual Master Retirement Plan

Deseret Mutual Master Retirement Plan 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:** Salt Lake City, UT, United States
- **Assets under management:** Undisclosed
- **Website:** dmba.com

## Regulatory record

- **Reports private funds:** No

## About

Deseret Mutual Master Retirement Plan is a defined benefit pension plan sponsored by Deseret Mutual Benefit Administrators. It provides retirement benefits to eligible employees.

## Sectors

- Private Equity
- Real Estate

## People

- Andres Almeida — President and CEO
- Michael J. Rasband — Enrolled Actuary and Plan Administrator
- Bishan Abeysekera — Head of Investment Risk & Senior Portfolio Manager

## Questions

### What geography does the plan cover?

It is headquartered in Salt Lake City, Utah, and its participant base — Church employees — is concentrated in the US Mountain West. Underlying fund commitments extend exposure nationally through the portfolios of the general partners it backs.

### How is the plan governed?

DMBA administers the plan under the Employee Retirement Income Security Act. The structure requires an enrolled actuary — currently Michael J. Rasband — to certify funding levels and contribution requirements. Former DMBA CEO Michael J. Stapley's service on the ERISA Advisory Council signals the plan's engagement with federal retirement-policy formation.

### Does the plan disclose its assets under management?

No. The plan does not publish an AUM figure publicly. As a private church-affiliated pension, it faces no statutory requirement to disclose total assets beyond the Form 5500 filing, and it has not volunteered a number through its own communications.

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

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