State retirement profile · Form 5500
According to DOL Form 5500 filings (plan year 2024), employer-sponsored 401(k), pension, and other retirement plans headquartered in Utah report the totals below.
Data updated 2026-08-25
$61.4B across 1,280 plans
According to DOL Form 5500 filings (plan year 2024), Utah has 1,280 employer-sponsored retirement plans holding $61.4B in total assets for 757,408 participants, ranking 31st nationally by plan assets, with 83% structured as 401(k)s and an average of $48M per plan.
The state in one line
Utah hosts 1,280 employer-sponsored retirement plans holding $61.4B for 757,408 participants, the 31st-largest state by plan assets.
Utah: 1,280 employer-sponsored plans (1,057 401(k)), $61.4B aggregate assets, 757,408 participants. Average plan: $48M; largest is Deseret Mutual Master Retirement Plan at $7.1B. Leading sector by assets: Finance & Insurance (30%). These figures aggregate the 1,280 Form 5500 filings Utah sponsors submitted for plan year 2024, counted by sponsor headquarters rather than participant residence; a plan administered in Utah can cover workers across several states, and the methodology page details that HQ-vs-residence distinction. DOL Form 5500 methodology + HQ-vs-residence caveats →
Among plans headquartered here, Finance & Insurance accounts for $18.6B across 93 filings, ahead of Healthcare & Social Assistance at $13.2B. Sector mix is a Form 5500-derived signal: it reflects where sponsors file from, not where every participant lives.
DOL Form 5500 plan year 2024
Employee Stock Ownership Plans here hold $934M. ESOP density is uneven across states; when the count clears a meaningful floor, the ESOP ranking and industry pages are the better drill-downs than a 401(k)-only read.
DOL Form 5500 plan year 2024
Utah sits mid-pack by plan assets (#31 of 56). Peer states with similar totals are the fairest comparison set; national leaders will dominate any unfiltered ranking.
DOL Form 5500 plan year 2024
Utah's place in the national asset distribution
All states with reported Form 5500 plan assets · plan year 2024
$61,361,559,854 46th percentile higher than 46% of 56 states with reported plan assets
Dashed line + filled bar = this entry, among states with reported plan assets.
Source U.S. Department of Labor, EBSA Form 5500 public disclosure dataset · plan year 2024
Source: U.S. Department of Labor, EBSA Form 5500 public disclosure dataset · plan year 2024.
Top sectors by Form 5500 plan assets for sponsors headquartered here (plan year 2024).
| Industry | Plans | Assets |
|---|---|---|
| Finance & Insurance | 93 | $18.6B |
| Healthcare & Social Assistance | 142 | $13.2B |
| Professional & Technical Services | 203 | $6.4B |
| Manufacturing | 146 | $5.5B |
| Retail Trade | 113 | $2.4B |
States ranked adjacent to Utah by total retirement plan assets.
Two DOL Form 5500-derived peer sets for Utah, each a different nationwide metric so the neighborhoods are not geographic containment (the asset-ranked nearby list above stays regional).
Nearest other states by reported employer plan filings (1,280 here).
Nearest other states by aggregate plan assets ($61.4B here).
Industry-mix reading
Ways to act on Utah's numbers.
Source: U.S. Department of Labor, EBSA Form 5500 public disclosure dataset. Shows the top 25 plans by total assets headquartered in Utah, out of 130,145 ERISA-covered plans nationally. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - state is the plan sponsor's headquarters state as recorded on the Form 5500 filing.
Read our methodology - how this data is sourced, computed, and verified.