401(k) · DOL Form 5500 · 2024

Savage Companies 401(k) Plan

Data updated 2026-08-11

$346M
Total assets
3,252
Participants
96th
Percentile by assets
$106,336
Avg per participant
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Official DOL plan name: Savage Companies Retirement & Employee Savings Plan · Sponsored by Savage Companies · Utah · Management of Enterprises

$346M in assets, 3,252 participants

Savage Companies's Savage Companies Retirement & Employee Savings Plan reported $346M in total assets and 3,252 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #1,002 in Management of Enterprises (1,133 peers)

Coverage in Utah

Savage Companies Retirement & Employee Savings Plan covers 3,252 participants in Utah, 5.5x the typical Utah plan (state average ~592 per filing). Assets: $346M.

$346M
total plan assets (2024 EOY)
3,252
covered participants
96th
percentile by assets (of 123,622 plans)
$106,336
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Savage Companies Retirement & Employee Savings Plan reported net income rose from $22M in the plan year 2023 filing to $45M in the plan year 2024 filing.
  • Savage Companies Retirement & Employee Savings Plan end-of-year assets rose from $301M in the plan year 2023 filing to $346M in the plan year 2024 filing.
  • Savage Companies Retirement & Employee Savings Plan reported participants fell from 3,786 in the plan year 2023 filing to 3,252 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Savage Companies Retirement & Employee Savings Plan reports 3,252 participants - 5.5x that state average ($346M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$301M
Net Assets (End of Year)$346M
Net Income$45M
Employer EIN870387049
Plan Effective Date1972-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Savage Companies)

$250M$300M$350M$400M 202220232024 $278M $346M ▲ +24.3%
Total plan assets by year, all Savage Companies plans on file
Year Plans Participants Total Assets
2022 1 3,480 $278M
2023 1 3,786 $301M
2024 1 3,252 $346M

Nearby 401(k) Plans in Utah

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

Savage Companies Retirement & Employee Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Savage Companies Retirement & Employee Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 02468 Total assets ($B) Participants Savage Companies Ret…Intermountain Health…Deseret 401(k) PlanZions Bancorporation…Skywest, Inc. Employ…Rio Tinto America In…
Savage Companies Retirement & Employee Savings Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Savage Companies Retirement & Employee Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Savage Companies Retirement & Employee Savings Plan assets move in 2024?
Savage Companies Retirement & Employee Savings Plan grew at a solid clip - up 14.9% during 2024, from $301M to $346M. Reported net income was $45M.
How have Savage Companies plan assets changed over time?
Across 3 plan years on file (2022-2024), Savage Companies's sponsor-wide assets grew 24.3%, from $278M to $346M.
Where does Savage Companies Retirement & Employee Savings Plan rank by assets among Form 5500 filers?
Savage Companies Retirement & Employee Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Savage Companies Retirement & Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Iuoe Local 399 Participating Employers Deferred Compensation Employee Savings Plan in IL ($346M, 4,790 participants).

Next read for Savage Companies Retirement & Employee S…

Filing takeaways

Ways to act on Savage Companies Retirement & Employee Savings Plan's numbers.