Deseret Mutual Master Retirement Plan is a single-employer non-contributory defined benefit corporate pension fund based in Salt Lake City, Utah. Established in 1970, the pension plan provides retirement benefits to the eligible employees of Deseret Mutual Benefit Administrators (DMBA). Deseret Mutual Benefit Administrators (DMBA) functions as the administrator for the Plan and is also an affiliate of the Church. The Board of Directors of DMBA controls and manages the operation and administration of the Plan and together with an Investment Committee of DMBA manages the plan investments.