401(k) · DOL Form 5500 · 2024

State Bank of Southern Utah 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
290
Participants Below avg headcount
80th
Percentile by assets National rank
$120,249
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: State Bank of Southern Utah Profit Sharing 401(k) Plan · Sponsored by State Bank of Southern Utah · Utah · Finance & Insurance

$35M in assets, 290 participants

State Bank of Southern Utah's State Bank of Southern Utah Profit Sharing 401(k) Plan reported $35M in total assets and 290 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,819 in Finance & Insurance (8,549 peers)

Coverage in Utah

State Bank of Southern Utah Profit Sharing 401(k) Plan covers 290 participants in Utah, about 49% of the average Utah filer (state average ~592 per filing). Assets: $35M.

#5,819
in Finance & Insurance (8,549 peers)
+22.6%
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 2024 · DOL Form 5500

$34,872,116 Top 20% higher than 80% of 123,620 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 2024

State Bank of Southern Utah Profit Sharing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 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 (290 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • State Bank of Southern Utah Profit Sharing 401(k) Plan reported net income rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • State Bank of Southern Utah Profit Sharing 401(k) Plan end-of-year assets rose from $28M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • State Bank of Southern Utah Profit Sharing 401(k) Plan reported participants rose from 287 in the plan year 2023 filing to 290 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 870234702 · State Bank of Southern Utah PY 2024 · 401(k)

State Bank of Southern Utah Profit Sharing 401(k) Plan · $35M · 290 · 80th

  • SCH $35M
  • EBSA 290
  • PART 80th
  • TYPE 401(k)
  • NET near Exagrid Systems, Inc. 401(k) Plan
  • BOOK ind #5819

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 …$35MExagrid Systems, Inc. 401(k) PlanExagrid Systems, Inc. 401(k)…$35MCrosby Marketing Communications, Inc. 401(k) Profit Sharing PlanCrosby Marketing Communicati…$35MDiversicare Healthcare Services, LLC Savings PlanDiversicare Healthcare Servi…$35MMedpoint Management, Inc. 401(k) PlanMedpoint Management, Inc. 40…$35M
End-of-year total assets ($M) among State Bank of Southern Utah Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$35M
Net Income$6M
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. -20000020000400006000080000 -202468 Total assets ($B) Participants State Bank of Southern Utah Profit Sharing 401(k) Plan, Total assets ($B): 0.034872116 · Participants: 290State Bank of Southern Utah Profit Sharing 401(k) PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership 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 Exagrid Systems, Inc. 401(k) Plan in MA ($35M); by covered participants it is Bcinsourcing, LLC 401(k) Plan in KS (290 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (290 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
State Bank of Southern Utah Profit Sharing 401(k) Plan grew sharply - up 22.6% during 2024, from $28M to $35M. Reported net income was $6M.
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 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Exagrid Systems, Inc. 401(k) Plan in MA ($35M, 244 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 Bcinsourcing, LLC 401(k) Plan in KS (290 participants, $16M in assets).

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 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.