2023 Form 5500 filing — Deseret 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240726134835NAL0015543649001) for Deseret 401(K) Plan, reported by Deseret Mutual Benefit Administrators under EIN 87-0440163 and plan number 003. It reports 38,347 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240726134835NAL0015543649001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Deseret Mutual Benefit Administrators
- EIN
- 87-0440163
- Plan number
- 003
- Location
- Salt Lake City, UT
- Participants
- 38,347
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,481,729,272
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,481,729,272
- Employer contributions
- $170,537,773
- Participant contributions
- $167,812,642
- Total income / additions
- $1,091,649,443
- Benefits paid
- $273,375,330
- Administrative expenses
- $710,633
- Total expenses
- $274,247,961
- Net increase / (decrease)
- $817,401,482
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Trust Company LLC | RECORDKEEPER | $828,041 | $0 |