Defined Benefit (Pension) · DOL Form 5500 · 2022
Deseret Mutual Benefit Administrators Pension Plan
Data updated 2026-08-25
- $7.8B
- Total assets Very large vs avg
- 12,102
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $640,528
- Avg per participant High balance/head
Official DOL plan name: Deseret Mutual Master Retirement Plan · Sponsored by Deseret Mutual Benefit Administrators · Utah · Finance & Insurance
$7.8B in assets, 12,102 participants
Deseret Mutual Benefit Administrators's Deseret Mutual Master Retirement Plan reported $7.8B in total assets and 12,102 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.
- #9,236 in Finance & Insurance (9,261 peers)
Coverage in Utah
Deseret Mutual Master Retirement Plan covers 12,102 participants in Utah, 20x the typical Utah plan (state average ~592 per filing). Assets: $7.8B.
- #9,236
- in Finance & Insurance (9,261 peers)
- -14.9%
- assets change YoY
- 78×
- vs typical plan assets (national mean)
The plan reported a net loss of $1.3B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Deseret Mutual Master Retirement Plan's outsized position by total assets
Deseret Mutual Master Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$7,751,671,588 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 Mutual Master Retirement 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 Mutual Master Retirement Plan is a mega filing (12,102 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 870440163 · Deseret Mutual Benefit Administrators PY 2022 · Defined Benefit (Pension)
Deseret Mutual Master Retirement Plan · $7.8B · 12,102 · 100th
- EIN $7.8B
- EIN 12,102
- EIN 100th
- EIN Defined Benefit (Pension)
- EIN near Pepsico Employees Retirement Plan I
- EIN ind #9236
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 Mutual Master Retirement Plan in the asset neighbourhood
Utah filing particulars
| Total Assets (Beginning of Year) | $9.1B |
|---|---|
| Net Assets (End of Year) | $7.6B |
| Net Income | -$1.3B |
| Employer EIN | 870440163 |
| Plan Effective Date | 1970-01-01 |
| 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 Defined Benefit (Pension) Plans in Utah
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Intermountain Healthcare Pension Plan $3.0B · 30,404
- Rio Tinto America Inc. Retirement Plan $843M · 1,747
- America First Credit Union Pension Plan $487M · 2,406
- Retail Food Employers & Ufcw Local 711 Pension $333M · 8,484
- Retirement Plan for Employees of Intermountain Power Service Corporation $301M · 342
Scale composition for Deseret Mutual Master Retirement Plan
Deseret Mutual Master Retirement Plan reports $7.8B in end-of-year assets across 12,102 participants (0.063% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $640,528 per participant (4.6x the national average assets-per-participant) . Net income for plan year 2022 was -$1.3B.
This plan identity (EIN 870440163, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.8B to $7.1B (-8.8%) while covered participants moved from 12,102 to 10,478 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,102 | $7.8B | This page |
| 2023 | 11,210 | $7.7B | Open filing |
| 2024 · index core | 10,478 | $7.1B | 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 Mutual Master Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Utah, the nearest Defined Benefit (Pension) by assets is Pepsico Employees Retirement Plan I in NY ($7.7B); by covered participants it is Farmers Group, Inc. Employees' Pension Plan in CA (12,052 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.8B here).
- Pepsico Employees Retirement Plan I (NY) $7.7B · 11,386
- Kaiser Permanente Retirement Plan for Scpmg (CA) $7.6B · 45,962
- Metlife Retirement Plan (NJ) $7.9B · 11,969
- Firstenergy Corp. Master Pension Plan (OH) $7.6B · 12,346
Similar participant headcount
Nearest other-state filings by covered participants (12,102 participants); asset peers above are excluded.
- Farmers Group, Inc. Employees' Pension Plan (CA) 12,052 · 50 off
- 3M Employee Retirement Income Plan (MN) 12,160 · 58 off
- Legacy Plan of the National Retirement Fund (NY) 12,188 · 86 off
- Westrock Company Consolidated Pension Plan (GA) 12,238 · 136 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.