401(k) · DOL Form 5500 · 2023

State Bank of Southern Utah 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
287
Participants Below avg headcount
78th
Percentile by assets National rank
$99,123
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

$28M in assets, 287 participants

State Bank of Southern Utah's State Bank of Southern Utah Profit Sharing 401(k) Plan reported $28M in total assets and 287 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,948 in Finance & Insurance (8,869 peers)

Coverage in Utah

State Bank of Southern Utah Profit Sharing 401(k) Plan covers 287 participants in Utah, about 49% of the average Utah filer (state average ~592 per filing). Assets: $28M.

#5,948
in Finance & Insurance (8,869 peers)
+20.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$28,448,269 Top 22% higher than 78% 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

State Bank of Southern Utah Profit Sharing 401(k) 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. State Bank of Southern Utah Profit Sharing 401(k) Plan sits mid-pack in the medium band (287 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • State Bank of Southern Utah Profit Sharing 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • State Bank of Southern Utah Profit Sharing 401(k) Plan end-of-year assets rose from $24M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • State Bank of Southern Utah Profit Sharing 401(k) Plan reported participants rose from 280 in the plan year 2022 filing to 287 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 870234702 · State Bank of Southern Utah PY 2023 · 401(k)

State Bank of Southern Utah Profit Sharing 401(k) Plan · $28M · 287 · 78th

  • NET $28M
  • BOOK 287
  • VS-ST 78th
  • BOY 401(k)
  • SCH near Ware Group, LLC 401(k) Plan
  • EBSA ind #5948

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

State Bank of Southern Utah Profit Sharing 401(k) PlanState Bank of Southern Utah …$28MWare Group, LLC 401(k) Plan$28MPeak Utility Services Group, Inc. 401(k) PlanPeak Utility Services Group,…$28MCashmere Valley Bank 401(k) Profit Sharing PlanCashmere Valley Bank 401(k) …$28MSaratoga-Schenectady Gastroenterology Assocs. P.C. Retirement PlanSaratoga-Schenectady Gastroe…$28M
End-of-year total assets ($M) among State Bank of Southern Utah Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$28M
Net Income$5M
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. -200000200004000060000 -202468 Total assets ($B) Participants State Bank of Southern Utah Profit Sharing 401(k) Plan, Total assets ($B): 0.028448269 · Participants: 287State Bank of Southern Utah Profit Sharing 401(k) 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
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 Ware Group, LLC 401(k) Plan in FL ($28M); by covered participants it is Creative Foods Corporation 401(k) Profit Sharing Plan in NY (287 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (287 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 State Bank of Southern Utah Profit Sharing 401(k) Plan assets move in 2023? ▼
State Bank of Southern Utah Profit Sharing 401(k) Plan grew sharply - up 20.6% during 2023, from $24M to $28M. Reported net income was $5M.
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 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Ware Group, LLC 401(k) Plan in FL ($28M, 407 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 Creative Foods Corporation 401(k) Profit Sharing Plan in NY (287 participants, $2M 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 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.