401(k) · DOL Form 5500 · 2022
Deseret Mutual Benefit Administrators 401(k) Plan
Data updated 2026-08-25
- $4.7B
- Total assets Very large vs avg
- 23,455
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $198,863
- Avg per participant Above avg balance/head
Official DOL plan name: Deseret 401(k) Plan · Sponsored by Deseret Mutual Benefit Administrators · Utah · Finance & Insurance
$4.7B in assets, 23,455 participants
Deseret Mutual Benefit Administrators's Deseret 401(k) Plan reported $4.7B in total assets and 23,455 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #9,215 in Finance & Insurance (9,261 peers)
Coverage in Utah
Deseret 401(k) Plan covers 23,455 participants in Utah, 40x the typical Utah plan (state average ~592 per filing). Assets: $4.7B.
- #9,215
- in Finance & Insurance (9,261 peers)
- -14.2%
- assets change YoY
- 47×
- vs typical plan assets (national mean)
The plan reported a net loss of $773M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Deseret 401(k) Plan's outsized position by total assets
Deseret 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$4,664,327,790 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Deseret 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Deseret 401(k) Plan is a mega filing (23,455 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 870440163 · Deseret Mutual Benefit Administrators PY 2022 · 401(k)
Deseret 401(k) Plan · $4.7B · 23,455 · 100th
- SCH $4.7B
- SCH 23,455
- SCH 100th
- SCH 401(k)
- SCH near Aep Retirement Savings 401(k) Plan
- SCH ind #9215
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Utah →
Deseret 401(k) Plan in the asset neighbourhood
Utah filing particulars
| Total Assets (Beginning of Year) | $5.4B |
|---|---|
| Net Assets (End of Year) | $4.7B |
| Net Income | -$773M |
| Employer EIN | 870440163 |
| Plan Effective Date | 1984-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Deseret Mutual Benefit Administrators)
Sponsor-wide plan assets over time
All Deseret Mutual Benefit Administrators plans reported in each filing year
- Latest sponsor-wide plan assets
- $13.2B 6.459083803928803% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 35,571 | $12.4B |
| 2023 | 3 | 35,517 | $13.2B |
| 2024 | 3 | 35,796 | $13.2B |
Nearby 401(k) Plans in Utah
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Intermountain Healthcare Savings Plus 401(k) Plan $3.6B · 42,446
- Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan $1.5B · 9,870
- Skywest, Inc. Employees' Retirement Plan $952M · 16,878
- Autoliv Asp, Inc. Employee Savings and Investment Plan $588M · 4,068
- Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan $517M · 1,480
Scale composition for Deseret 401(k) Plan
Deseret 401(k) Plan reports $4.7B in end-of-year assets across 23,455 participants (0.038% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.025% of 93,925,755 covered participants) - about $198,863 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$773M.
This plan identity (EIN 870440163, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.7B to $6.1B (+31.8%) while covered participants moved from 23,455 to 25,301 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 23,455 | $4.7B | This page |
| 2023 | 24,292 | $5.5B | Open filing |
| 2024 · index core | 25,301 | $6.1B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Deseret Mutual Master Retirement Plan (Defined Benefit (Pension), $7.1B, 10,478 participants)
- Deseret 401(k) Plan (401(k), $6.1B, 25,301 participants)
Deseret 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Utah, the nearest 401(k) by assets is Aep Retirement Savings 401(k) Plan in OH ($4.7B); by covered participants it is Sedgwick 401(k) Savings Plan in TN (23,471 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4.7B here).
- Aep Retirement Savings 401(k) Plan (OH) $4.7B · 16,985
- Bd 401(k) Plan (NJ) $4.7B · 24,483
- McKesson Corporation 401(k) Retirement Savings Plan (TX) $4.6B · 26,812
- Constellation Employee Savings Plan (PA) $4.6B · 13,008
Similar participant headcount
Nearest other-state filings by covered participants (23,455 participants); asset peers above are excluded.
- Sedgwick 401(k) Savings Plan (TN) 23,471 · 16 off
- Big Lots Savings Plan (OH) 23,399 · 56 off
- Performance Food Group Employee Savings Plan (VA) 23,511 · 56 off
- Academy, Ltd. 401(k) Profit Sharing Plan (TX) 23,398 · 57 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.