401(k) Β· DOL Form 5500 Β· 2024

Utah Medical Products, Inc. 401(k) Retirement Plan

Data updated 2026-05-15

$11M
Total assets
119
Participants
57th
Percentile by assets
$91,163
Avg per participant

Sponsored by Utah Medical Products, Inc. Β· Utah Β· Manufacturing

What the 2024 filing shows

Utah Medical Products, Inc. 401(k) Retirement Plan holds $11M for 119 participants - about $91,163 per participant, above the median plan by assets, down 1.9% over the 2024 plan year.

$11M
total plan assets (2024 EOY)
119
covered participants
57th
percentile by assets (of 116,472 plans)
$91,163
avg assets per participant

The plan reported a net loss of $212K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Manufacturing

401(k) Β· DOL Form 5500 Β· 2024

What the Filing Says About Utah Medical Products, Inc. 401(k) Retirement Plan

Utah Medical Products, Inc. 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Utah Medical Products, Inc., headquartered in Utah. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 119 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 870342734, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged down modestly from $11M at the beginning of 2024 to $11M at year-end - down 1.9%. Net assets (after liabilities) closed the year at $11M, with reported net income of -$212K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Utah Medical Products, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $9M to $11M, a gain of 15.4%, while reported participants moved from 119 to 119 (+0.0%). The strongest year on file by total sponsor assets was 2023 at $11M; the softest was 2022 at $9M. Year-by-year, sponsor-wide filings show: 2022 - $9M in assets across 1 plan covering 119 participants; 2023 - $11M in assets across 1 plan covering 118 participants; 2024 - $11M in assets across 1 plan covering 119 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Utah Medical Products, Inc. 401(k) Retirement Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$11M
Net Assets (End of Year)$11M
Net Income-$212K
Plan Type401(k)
Employer EIN870342734
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Utah Medical Products, Inc.)

Year Plans Participants Total Assets
2022 1 119 $9M
2023 1 118 $11M
2024 1 119 $11M

Nearby 401(k) Plans in Utah

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

Frequently Asked Questions

How much money is in the Utah Medical Products, Inc. 401(k) Retirement Plan?
As of the 2024 Form 5500 filing, Utah Medical Products, Inc. 401(k) Retirement Plan holds $11M in total assets with 119 participants. It is sponsored by Utah Medical Products, Inc..
What type of plan is Utah Medical Products, Inc. 401(k) Retirement Plan?
Utah Medical Products, Inc. 401(k) Retirement Plan is a 401(k) plan. It has been effective since 1985-01-01. The plan is filed with the U.S. Department of Labor under EIN 870342734.
Who sponsors the Utah Medical Products, Inc. 401(k) Retirement Plan?
Utah Medical Products, Inc. 401(k) Retirement Plan is sponsored by Utah Medical Products, Inc., located in Utah. The sponsor's EIN is 870342734 and the plan operates in the Manufacturing industry.
How did Utah Medical Products, Inc. 401(k) Retirement Plan perform in 2024?
Utah Medical Products, Inc. 401(k) Retirement Plan edged down modestly - down 1.9% during 2024, moving from $11M to $11M in total assets. Net income was -$212K.

What this filing means

Ways to act on Utah Medical Products, Inc. 401(k) Retirement Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 870342734.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.