401(k) · DOL Form 5500 · 2024

Webbank Corporation 401(k) Plan

Data updated 2026-08-11

$28M
Total assets
243
Participants
76th
Percentile by assets
$117,144
Avg per participant
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Official DOL plan name: Webbank 401(k) Safe Harbor Plan · Sponsored by Webbank Corporation · Utah · Finance & Insurance

$28M in assets, 243 participants

Webbank Corporation's Webbank 401(k) Safe Harbor Plan reported $28M in total assets and 243 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • 76th percentile by assets (of 123,622 plans)
  • #5,442 in Finance & Insurance (8,549 peers)

Coverage in Utah

Webbank 401(k) Safe Harbor Plan covers 243 participants in Utah, about 41% of the average Utah filer (state average ~592 per filing). Assets: $28M.

$28M
total plan assets (2024 EOY)
243
covered participants
76th
percentile by assets (of 123,622 plans)
$117,144
avg assets per participant

Where Webbank 401(k) Safe Harbor Plan sits by total assets

Webbank 401(k) Safe Harbor Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$28,465,929 Top 24% higher than 76% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Webbank 401(k) Safe Harbor Plan end-of-year assets rose from $20M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Webbank 401(k) Safe Harbor Plan reported net income rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Webbank 401(k) Safe Harbor Plan reported participants rose from 222 in the plan year 2023 filing to 243 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Webbank 401(k) Safe Harbor Plan reports 243 participants - about 41% of that state average ($28M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$28M
Net Income$9M
Employer EIN870528836
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Webbank Corporation)

$10M$15M$20M$25M$30M$35M 202220232024 $12.9M $28.5M ▲ +120.0%
Total plan assets by year, all Webbank Corporation plans on file
Year Plans Participants Total Assets
2022 1 158 $13M
2023 1 222 $20M
2024 1 243 $28M

Nearby 401(k) Plans in Utah

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

Webbank 401(k) Safe Harbor Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Webbank 401(k) Safe Harbor Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Webbank 401(k) Safe …Intermountain Health…Deseret 401(k) PlanZions Bancorporation…Skywest, Inc. Employ…Rio Tinto America In…
Webbank 401(k) Safe Harbor 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 Webbank 401(k) Safe Harbor Plan by total assets, not by location.

Frequently Asked Questions

How did Webbank 401(k) Safe Harbor Plan assets move in 2024?
Webbank 401(k) Safe Harbor Plan surged - up 42.8% during 2024, from $20M to $28M. Reported net income was $9M.
How have Webbank Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Webbank Corporation's sponsor-wide assets grew 120.0%, from $13M to $28M.
Where does Webbank 401(k) Safe Harbor Plan rank by assets among Form 5500 filers?
Webbank 401(k) Safe Harbor Plan ranks in the 76th 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 Webbank 401(k) Safe Harbor Plan?
Among 401(k) plans in other states, the closest by assets is Western Beef Retail, Inc. 401(k) Profit Sharing Plan in NY ($28M, 1,265 participants).

Next read for Webbank 401(k) Safe Harbor Plan

Filing takeaways

Ways to act on Webbank 401(k) Safe Harbor Plan's numbers.