Defined Benefit (Pension) · DOL Form 5500 · 2022
Deseret Mutual Benefit Administrators Pension Plan
Data updated 2026-08-06
- $7.8B
- Total assets
- 12,102
- Participants
- 100th
- Percentile by assets
- $640,528
- Avg per participant
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.
- 100th percentile by assets (of 139,258 plans)
- #9,242 in Finance & Insurance (9,267 peers)
Coverage in Utah
Deseret Mutual Master Retirement Plan covers 12,102 participants in Utah, 20x the typical Utah plan (state average ~609 per filing). Assets: $7.8B.
- $7.8B
- total plan assets (2022 EOY)
- 12,102
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $640,528
- avg assets per participant
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.
Participants vs Utah filers
In Utah, the average filing covers about 609 participants across 1,226 plans. Deseret Mutual Master Retirement Plan reports 12,102 participants - 20x that state average ($7.8B EOY assets).
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)
| 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.
Deseret Mutual Master Retirement Plan vs. nearby Defined Benefit (Pension) plans in Utah, assets vs. participants
- 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 (0.067% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.013% of 89,805,449 covered participants) - about $640,528 per participant (4.7x 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)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Deseret Mutual Master Retirement Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Deseret Mutual Master Retirement Plan assets move in 2022? ▼
How have Deseret Mutual Benefit Administrators plan assets changed over time? ▼
Where does Deseret Mutual Master Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Deseret Mutual Master Retirement Plan? ▼
Next read for Deseret Mutual Master Retirement Plan
Filing takeaways
Ways to act on Deseret Mutual Master Retirement Plan's numbers.
- By total assets, Deseret Mutual Master Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Utah. Compare plans
- Deseret Mutual Benefit Administrators's sponsor-wide assets have grown 6.5% since 2022 across 3 plan years on file. More Finance & Insurance plans