Plan Snapshot
- Plan Sponsor: Deseret Mutual Benefit Administrators
- Sponsor EIN: 870440163
- Sponsor Address: PO BOX 45530, SALT LAKE CITY, UT, 84145
- Plan Type: 401(k)
- Total Participants: 25,752
- Total Assets: $6.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 25,752 | $6.1B | $186.3M | $177.1M |
| 2023 | 25,301 | $5.5B | $170.5M | $167.8M |
| 2022 | 24,292 | $4.7B | $139.1M | $145.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $716,886 | — | $716,886 | — | — |
| 2023 | $710,633 | — | $710,633 | — | — |
| 2022 | $733,110 | — | $733,110 | — | — |