Defined Benefit (Pension) · DOL Form 5500 · 2024
Deseret Mutual Benefit Administrators Pension Plan
Data updated 2026-08-25
- $7.1B
- Total assets Very large vs avg
- 10,478
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $674,918
- Avg per participant High balance/head
Official DOL plan name: Deseret Mutual Master Retirement Plan · Sponsored by Deseret Mutual Benefit Administrators · Utah · Finance & Insurance
$7.1B in assets, 10,478 participants
Deseret Mutual Benefit Administrators's Deseret Mutual Master Retirement Plan reported $7.1B in total assets and 10,478 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.
- #8,513 in Finance & Insurance (8,549 peers)
Coverage in Utah
Deseret Mutual Master Retirement Plan covers 10,478 participants in Utah, 18x the typical Utah plan (state average ~592 per filing). Assets: $7.1B.
- #8,513
- in Finance & Insurance (8,549 peers)
- -8.6%
- assets change YoY
- 71×
- vs typical plan assets (national mean)
The plan reported a net loss of $567M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Deseret Mutual Master Retirement Plan's outsized position by total assets
Deseret Mutual Master Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$7,071,790,998 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Deseret Mutual Master Retirement Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Deseret Mutual Master Retirement Plan is a mega filing (10,478 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Deseret Mutual Master Retirement Plan reported net income fell from -$90M in the plan year 2023 filing to -$567M in the plan year 2024 filing.
- Deseret Mutual Master Retirement Plan end-of-year assets fell from $7.7B in the plan year 2023 filing to $7.1B in the plan year 2024 filing.
- Deseret Mutual Master Retirement Plan reported participants fell from 11,210 in the plan year 2023 filing to 10,478 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 870440163 · Deseret Mutual Benefit Administrators PY 2024 · Defined Benefit (Pension)
Deseret Mutual Master Retirement Plan · $7.1B · 10,478 · 100th
- SCH $7.1B
- SCH 10,478
- SCH 100th
- SCH Defined Benefit (Pension)
- SCH near Cox Enterprises, Inc. Pension Plan
- SCH ind #8513
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 →
Deseret Mutual Master Retirement Plan in the asset neighbourhood
Utah filing particulars
| Total Assets (Beginning of Year) | $7.7B |
|---|---|
| Net Assets (End of Year) | $7.0B |
| Net Income | -$567M |
| Employer EIN | 870440163 |
| Plan Effective Date | 1970-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Deseret Mutual Benefit Administrators)
Sponsor-wide plan assets over time
All Deseret Mutual Benefit Administrators plans reported in each filing year
- Latest sponsor-wide plan assets
- $13.2B 6.459083803928803% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 35,571 | $12.4B |
| 2023 | 3 | 35,517 | $13.2B |
| 2024 | 3 | 35,796 | $13.2B |
Nearby Defined Benefit (Pension) Plans in Utah
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Intermountain Healthcare Pension Plan $3.4B · 26,724
- Rio Tinto America Inc. Retirement Plan $916M · 1,564
- America First Credit Union Pension Plan $600M · 2,645
- Retail Food Employers & Ufcw Local 711 Pension $367M · 8,046
- Retirement Plan for Employees of Intermountain Power Service Corporation $330M · 315
Scale composition for Deseret Mutual Master Retirement Plan
Deseret Mutual Master Retirement Plan reports $7.1B in end-of-year assets across 10,478 participants (0.057% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $674,918 per participant (4.9x the national average assets-per-participant) . Net income for plan year 2024 was -$567M.
This plan identity (EIN 870440163, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.8B to $7.1B (-8.8%) while covered participants moved from 12,102 to 10,478 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,102 | $7.8B | Open filing |
| 2023 | 11,210 | $7.7B | Open filing |
| 2024 · index core | 10,478 | $7.1B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Deseret 401(k) Plan (401(k), $6.1B, 25,301 participants)
Deseret Mutual Master Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Utah, the nearest Defined Benefit (Pension) by assets is Cox Enterprises, Inc. Pension Plan in GA ($7.1B); by covered participants it is Eighth District Electrical Pension Fund in NV (10,468 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.1B here).
- Cox Enterprises, Inc. Pension Plan (GA) $7.1B · 22,501
- Steelworkers Pension Trust (PA) $7.2B · 46,110
- Delta Retirement Plan (GA) $7.3B · 15,222
- Pepsico Employees Retirement Plan I (NY) $6.8B · 11,289
Similar participant headcount
Nearest other-state filings by covered participants (10,478 participants); asset peers above are excluded.
- Eighth District Electrical Pension Fund (NV) 10,468 · 10 off
- Western Washington Laborers-Employers Pension Plan (WA) 10,507 · 29 off
- Main Line Health, Inc. Retirement Income Plan (PA) 10,525 · 47 off
- Westrock Company Consolidated Pension Plan (GA) 10,530 · 52 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.