First Utah Bancorporation 401(K) Retirement Savings Plan — Form 5500 plan (First Utah Bancorporation)
Plain-English plan 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, First Utah Bancorporation 401(K) Retirement Savings Plan is a benefit plan reported by First Utah Bancorporation under EIN 87-0344903 and plan number 001. The latest loaded filing year is 2023. The filing reports 134 participants and $9,355,619 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.4MPlan net assets, end of year$9,355,619
Participants134Covered participants reported
Assets / participant$69.8KComputed: assets ÷ participants$69,818 (computed)
Provider compensation$49.5K4 Schedule C provider row(s)$49,521
- Plan sponsor
- First Utah Bancorporation
- EIN
- 87-0344903
- Plan number
- 001
- Plan type
- 2
- Location
- Salt Lake City, UT
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 134 | H, C | 20240826101522NAL0005421251001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$9.4M total assets
Net assets$9.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $9,355,619
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,355,619
- Net assets (BOY)
- $8,499,520
Income & contributions
- Employer contributions
- $404,239
- Participant contributions
- $638,469
- Total contributions
- $1,042,708
- Total income / additions
- $2,440,704
Expenses & distributions
- Benefits paid
- $1,549,636
- Administrative expenses
- $34,969
- Total expenses
- $1,584,605
- Net increase / (decrease)
- $856,099
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
39%61%
Employer 39%Participant 61%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income63%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $31,250 | $0 | 2023 |
| Morgan Stanley Smith Barney LLC | BROKER/ADVISER | $0 | $13,976 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,719 | not reported in the loaded dataset | 2023 |
| Morgan Stanley Insurance Services I | BROKER/ADVISER | $0 | $576 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First Utah Bancorporation
- 2023 Form 5500 filing
- Form 5500 filings in UT
- 401(k) and benefit plan filings in Salt Lake City, UT
- Empower Annuity Insurance Company — Schedule C compensation
- Morgan Stanley Smith Barney LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Morgan Stanley Insurance Services I — Schedule C compensation