401(k) · DOL Form 5500 · 2022

State Bank of Southern Utah 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
280
Participants Below avg headcount
80th
Percentile by assets National rank
$84,261
Avg per participant Below avg balance/head
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Official DOL plan name: State Bank of Southern Utah Profit Sharing 401(k) Plan · Sponsored by State Bank of Southern Utah · Utah · Finance & Insurance

$24M in assets, 280 participants

State Bank of Southern Utah's State Bank of Southern Utah Profit Sharing 401(k) Plan reported $24M in total assets and 280 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,235 in Finance & Insurance (9,261 peers)

Coverage in Utah

State Bank of Southern Utah Profit Sharing 401(k) Plan covers 280 participants in Utah, about 47% of the average Utah filer (state average ~592 per filing). Assets: $24M.

#6,235
in Finance & Insurance (9,261 peers)
-11.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State Bank of Southern Utah Profit Sharing 401(k) Plan's outsized position by total assets

State Bank of Southern Utah Profit Sharing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$23,593,148 Top 20% higher than 80% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State Bank of Southern Utah Profit Sharing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. State Bank of Southern Utah Profit Sharing 401(k) Plan sits mid-pack in the medium band (280 participants).

Published 5500 schedule card

Filing strip 870234702 · State Bank of Southern Utah PY 2022 · 401(k)

State Bank of Southern Utah Profit Sharing 401(k) Plan · $24M · 280 · 80th

  • PCT $24M
  • EIN 280
  • RANK 80th
  • PHOTO 401(k)
  • IND near Isaac Heating & Air Conditioning, Inc. 401(k) Plan
  • EOY ind #6235

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 →

State Bank of Southern Utah Profit Sharing 401(k) Plan in the asset neighbourhood

Mcdougall and Sons, Inc. Retirement PlanMcdougall and Sons, Inc. Ret…$24MKmw Group, Inc. Profit-Sharing and Retirement Savings PlanKmw Group, Inc. Profit-Shari…$24MWorldwide Equipment Enterprises, Inc. Employees SavingsWorldwide Equipment Enterpri…$24MState Bank of Southern Utah Profit Sharing 401(k) PlanState Bank of Southern Utah …$24MIsaac Heating & Air Conditioning, Inc. 401(k) PlanIsaac Heating & Air Conditio…$24M
End-of-year total assets ($M) among State Bank of Southern Utah Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$24M
Net Income-$3M
Employer EIN870234702
Plan Effective Date1961-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (State Bank of Southern Utah)

Sponsor-wide plan assets over time

All State Bank of Southern Utah plans reported in each filing year

Latest sponsor-wide plan assets
$35M 47.80611726760668% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $23.6M $34.9M ▲ +47.8%
Year Plans Participants Total Assets
2022 1 280 $24M
2023 1 287 $28M
2024 1 290 $35M

Nearby 401(k) Plans in Utah

Peer 401(k) plans, same state, same plan type, ranked by total assets.

State Bank of Southern Utah Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants State Bank of Southern Utah Profit Sharing 401(k) Plan, Total assets ($B): 0.023593148 · Participants: 280State Bank of Southern Utah Profit Sharing 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment Plan
State Bank of Southern Utah Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare State Bank of Southern Utah Profit Sharing 401(k) Plan side-by-side with 3 peers →

State Bank of Southern Utah Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Isaac Heating & Air Conditioning, Inc. 401(k) Plan in NY ($24M); by covered participants it is Pathfinder 401(k) Plan in TX (280 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (280 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did State Bank of Southern Utah Profit Sharing 401(k) Plan assets move in 2022? ▼
State Bank of Southern Utah Profit Sharing 401(k) Plan pulled back noticeably - down 11.1% during 2022, from $27M to $24M. Reported net income was -$3M.
How have State Bank of Southern Utah plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), State Bank of Southern Utah's sponsor-wide assets grew 47.8%, from $24M to $35M.
Where does State Bank of Southern Utah Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
State Bank of Southern Utah Profit Sharing 401(k) Plan ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to State Bank of Southern Utah Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Isaac Heating & Air Conditioning, Inc. 401(k) Plan in NY ($24M, 449 participants).
Which 401(k) plans cover a similar participant headcount to State Bank of Southern Utah Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pathfinder 401(k) Plan in TX (280 participants, $964K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 870234702.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.