401(k) · DOL Form 5500 · 2023

Webbank Corporation 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
222
Participants Below avg headcount
73rd
Percentile by assets National rank
$89,787
Avg per participant Below avg balance/head
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Official DOL plan name: Webbank 401(k) Safe Harbor Plan · Sponsored by Webbank Corporation · Utah · Finance & Insurance

$20M in assets, 222 participants

Webbank Corporation's Webbank 401(k) Safe Harbor Plan reported $20M in total assets and 222 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,241 in Finance & Insurance (8,869 peers)

Coverage in Utah

Webbank 401(k) Safe Harbor Plan covers 222 participants in Utah, about 38% of the average Utah filer (state average ~592 per filing). Assets: $20M.

#5,241
in Finance & Insurance (8,869 peers)
+54.0%
assets growth YoY

Webbank 401(k) Safe Harbor Plan's outsized position by total assets

Webbank 401(k) Safe Harbor Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$19,932,763 Top 27% higher than 73% of 127,068 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 2023

Webbank 401(k) Safe Harbor Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Webbank 401(k) Safe Harbor Plan sits mid-pack in the medium band (222 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Webbank 401(k) Safe Harbor Plan reported net income rose from $659K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Webbank 401(k) Safe Harbor Plan end-of-year assets rose from $13M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Webbank 401(k) Safe Harbor Plan reported participants rose from 158 in the plan year 2022 filing to 222 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 870528836 · Webbank Corporation PY 2023 · 401(k)

Webbank 401(k) Safe Harbor Plan · $20M · 222 · 73rd

  • VS-ST $20M
  • VS-ST 222
  • VS-ST 73rd
  • VS-ST 401(k)
  • VS-ST near Simpleview 401(k) Plan
  • VS-ST ind #5241

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 →

Webbank 401(k) Safe Harbor Plan in the asset neighbourhood

Webbank 401(k) Safe Harbor PlanWebbank 401(k) Safe Harbor P…$20MSimpleview 401(k) Plan$20MHudson Technologies 401(k) Savings PlanHudson Technologies 401(k) S…$20MMiller Motorcars, Inc. 401(k) PlanMiller Motorcars, Inc. 401(k…$20MPreston Pipelines, Inc. Profit Sharing PlanPreston Pipelines, Inc. Prof…$20M
End-of-year total assets ($M) among Webbank 401(k) Safe Harbor Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$20M
Net Income$7M
Employer EIN870528836
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Webbank Corporation)

Sponsor-wide plan assets over time

All Webbank Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$28M 119.99812352709822% vs 2022
2024 filing year
$10M$15M$20M$25M$30M$35M 202220232024 $12.9M $28.5M ▲ +120.0%
Year Plans Participants Total Assets
2022 1 158 $13M
2023 1 222 $20M
2024 1 243 $28M

Nearby 401(k) Plans in Utah

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

Webbank 401(k) Safe Harbor Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Webbank 401(k) Safe Harbor Plan, Total assets ($B): 0.019932763 · Participants: 222Webbank 401(k) Safe Harbor PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Webbank 401(k) Safe Harbor Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Webbank 401(k) Safe Harbor Plan side-by-side with 3 peers →

Webbank 401(k) Safe Harbor Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Simpleview 401(k) Plan in AZ ($20M); by covered participants it is Preferred Employer Plan Fbo Foothills Gateway, Inc in AZ (222 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (222 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Webbank 401(k) Safe Harbor Plan assets move in 2023? ▼
Webbank 401(k) Safe Harbor Plan surged - up 54.0% during 2023, from $13M to $20M. Reported net income was $7M.
How have Webbank Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Webbank Corporation's sponsor-wide assets grew 120.0%, from $13M to $28M.
Which 401(k) plans are similar in size to Webbank 401(k) Safe Harbor Plan? ▼
Among 401(k) plans in other states, the closest by assets is Simpleview 401(k) Plan in AZ ($20M, 380 participants).
Which 401(k) plans cover a similar participant headcount to Webbank 401(k) Safe Harbor Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Preferred Employer Plan Fbo Foothills Gateway, Inc in AZ (222 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 870528836.

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.