401(k) · DOL Form 5500 · 2023

Great Salt Lake Electric Incorporated 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
217
Participants Below avg headcount
74th
Percentile by assets National rank
$100,993
Avg per participant Below avg balance/head
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Official DOL plan name: Gsl Electric 401(k) Profit Sharing Plan · Sponsored by Great Salt Lake Electric Incorporated · Utah · Construction

$22M in assets, 217 participants

Great Salt Lake Electric Incorporated's Gsl Electric 401(k) Profit Sharing Plan reported $22M in total assets and 217 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #6,589 in Construction (9,030 peers)

Coverage in Utah

Gsl Electric 401(k) Profit Sharing Plan covers 217 participants in Utah, about 37% of the average Utah filer (state average ~592 per filing). Assets: $22M.

#6,589
in Construction (9,030 peers)
+24.1%
assets growth YoY

Gsl Electric 401(k) Profit Sharing Plan's outsized position by total assets

Gsl Electric 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$21,915,521 Top 26% higher than 74% of 127,068 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 2023

Gsl Electric 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gsl Electric 401(k) Profit Sharing Plan sits mid-pack in the medium band (217 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gsl Electric 401(k) Profit Sharing Plan reported net income rose from $2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Gsl Electric 401(k) Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Gsl Electric 401(k) Profit Sharing Plan reported participants fell from 229 in the plan year 2022 filing to 217 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 870371134 · Great Salt Lake Electric Incorporated PY 2023 · 401(k)

Gsl Electric 401(k) Profit Sharing Plan · $22M · 217 · 74th

  • 5500 $22M
  • ASSETS 217
  • PCT 74th
  • EIN 401(k)
  • RANK near Sidney Federal Credit Union 401(k) Plan
  • PHOTO ind #6589

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 Construction retirement plans → · Plans in Utah →

Gsl Electric 401(k) Profit Sharing Plan in the asset neighbourhood

Gsl Electric 401(k) Profit Sharing PlanGsl Electric 401(k) Profit S…$22MSidney Federal Credit Union 401(k) PlanSidney Federal Credit Union …$22MWolfe Automotive Group 401(k) Savings PlanWolfe Automotive Group 401(k…$22MAmerican Legend Services 401(k) PlanAmerican Legend Services 401…$22MLinak U.S. Inc. 401(k) Retirement Savings PlanLinak U.S. Inc. 401(k) Retir…$22M
End-of-year total assets ($M) among Gsl Electric 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN870371134
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Great Salt Lake Electric Incorporated)

Sponsor-wide plan assets over time

All Great Salt Lake Electric Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$45M 32.80045909886973% vs 2022
2023 filing year
$30M$35M$40M$45M$50M 20222023 $34.1M $45.3M ▲ +32.8%
Year Plans Participants Total Assets
2022 2 454 $34M
2023 2 428 $45M

Nearby 401(k) Plans in Utah

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

Gsl Electric 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Gsl Electric 401(k) Profit Sharing Plan, Total assets ($B): 0.021915521 · Participants: 217Gsl Electric 401(k) Profit Sharing PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Gsl Electric 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Gsl Electric 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Sidney Federal Credit Union 401(k) Plan in NY ($22M); by covered participants it is Nymbus, Inc. 401(k) Profit Sharing Plan and Trust in FL (217 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (217 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gsl Electric 401(k) Profit Sharing Plan assets move in 2023?
Gsl Electric 401(k) Profit Sharing Plan grew sharply - up 24.1% during 2023, from $18M to $22M. Reported net income was $4M.
How have Great Salt Lake Electric Incorporated plan assets changed over time?
Across 2 plan years on file (2022-2023), Great Salt Lake Electric Incorporated's sponsor-wide assets grew 32.8%, from $34M to $45M.
Which 401(k) plans are similar in size to Gsl Electric 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Sidney Federal Credit Union 401(k) Plan in NY ($22M, 188 participants).
Which 401(k) plans cover a similar participant headcount to Gsl Electric 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Nymbus, Inc. 401(k) Profit Sharing Plan and Trust in FL (217 participants, $12M in assets).