Plan Snapshot
- Plan Sponsor: Deseret Mutual Benefit Administrators
- Sponsor EIN: 870440163
- Sponsor Address: PO BOX 45530, SALT LAKE CITY, UT, 84145
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 21,719
- Total Assets: $393.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 21,719 | $393.6M | $463.4M | $115.9M |
| 2023 | 21,482 | $373.9M | $424.1M | $110.0M |
| 2022 | 20,686 | $360.8M | $378.4M | $103.8M |
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 |
|---|---|---|---|---|
| NAVITUS HEALTH SOLUTIONS LLC - ADMI | Other Service Provider | $4,244,552 | — | $4,244,552 |
| UNITED HEALTHCARE INSURANCE CO | Other Service Provider | $2,834,557 | — | $2,834,557 |
| RX SAVINGS SOLUTIONS | Other Service Provider | $806,832 | — | $806,832 |
| DST HEALTH SOLUTIONS LLC | Other Service Provider | $571,071 | — | $571,071 |
| NAYYA HEALTH, INC. | Other Service Provider | $477,078 | — | $477,078 |
| TIVITY HEALTH, INC. | Other Service Provider | $330,299 | — | $330,299 |
| LIVONGO HEALTH, INC. | Other Service Provider | $283,521 | — | $283,521 |
| METLIFE | Other Service Provider | $270,467 | — | $270,467 |
| CHANGE HEALTHCARE SOLUTIONS LLC | Other Service Provider | $259,508 | — | $259,508 |
| BITS IN GLASS US, INC. | Other Service Provider | $196,309 | — | $196,309 |
| ZIONS | Other Service Provider | $172,488 | — | $172,488 |
| DELOITTE | Auditor | $166,649 | — | $166,649 |
| UTAH HEALTH INFORMATION NETWORK | Other Service Provider | $154,265 | — | $154,265 |
| GDIT | Other Service Provider | $149,205 | — | $149,205 |
| MILLIMAN | Recordkeeper | $139,426 | — | $139,426 |
| OPTUMINSIGHT, INC | Other Service Provider | $128,937 | — | $128,937 |
| SIDLEY AUSTIN LLP | ERISA Attorney | $122,567 | — | $122,567 |
| FAIR HEALTH, INC. | Other Service Provider | $101,767 | — | $101,767 |
| LMD, LLC | Other Service Provider | $86,377 | — | $86,377 |
| TALON HEALTH TECH | Other Service Provider | $74,613 | — | $74,613 |
| CHANGE HEALTHCARE ENGAGEMENT SOLUTI | Other Service Provider | $56,862 | — | $56,862 |
| IPD ANALYTICS | Other Service Provider | $42,824 | — | $42,824 |
| UPTODATE | Other Service Provider | $37,269 | — | $37,269 |
| EAGLE CAPITAL MANAGEMENT | Investment Advisor | $32,465 | — | $32,465 |
| GRANITE ALLIANCE | Other Service Provider | $31,250 | — | $31,250 |
| DESERET TRUST COMPANY | Other Service Provider | $30,948 | — | $30,948 |
| MDX | Other Service Provider | $30,937 | — | $30,937 |
| JP MORGAN CHASE BANK | Recordkeeper | $30,755 | — | $30,755 |
| HARTFORD LIFE AND ACCIDENT INSURANC | Other Service Provider | $30,700 | — | $30,700 |
| PSG CONSULTING LLC | Other Service Provider | $27,859 | — | $27,859 |
| RJ HEALTH SYSTEMS | Other Service Provider | $26,229 | — | $26,229 |
| NUANCE INVESTMENTS LLC | Other Service Provider | $25,093 | — | $25,093 |
| TOWERS WATSON SOFTWARE LIMITED | Other Service Provider | $24,851 | — | $24,851 |
| OPTUM360 | Other Service Provider | $23,648 | — | $23,648 |
| LSV ASSET MANAGEMENT | Other Service Provider | $22,724 | — | $22,724 |
| KIRTON MCCONKIE | Other Service Provider | $20,000 | — | $20,000 |
| NEWTON INVESTMENT MANAGEMENT NORTH | Other Service Provider | $17,234 | — | $17,234 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $16,872 | — | $16,872 |
| ZAZOVE ASSOCIATES LLC | Other Service Provider | $15,865 | — | $15,865 |
| KAREN ANN ARGYLE | Other Service Provider | $15,566 | — | $15,566 |
| FISHER INVESTMENTS | Recordkeeper | $12,506 | — | $12,506 |
| CLEARWATER ANALYTICS | Other Service Provider | $11,896 | — | $11,896 |
| FACTSET RESEARCH SYSTEMS INC | Other Service Provider | $11,066 | — | $11,066 |
| VIRTA MEDICAL P.C. | Other Service Provider | $10,150 | — | $10,150 |
| DELOITTE TAX | Other Service Provider | $10,075 | — | $10,075 |
| IBM CORPORATION | Other Service Provider | $9,891 | — | $9,891 |
| VIRTUS PARTNERS INC | Other Service Provider | $9,020 | — | $9,020 |
| BLOOMBERG FINANCE LP | Other Service Provider | $6,780 | — | $6,780 |
| PRUDENTIAL INSURANCE CO | Recordkeeper | $6,729 | — | $6,729 |
| UNICOM SYSTEMS, INC. | Other Service Provider | $6,121 | — | $6,121 |
| RAFI INDICES LLC | Other Service Provider | $5,832 | — | $5,832 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE — Auditor
- MILLIMAN — Recordkeeper
- SIDLEY AUSTIN LLP — ERISA Attorney
- EAGLE CAPITAL MANAGEMENT — Investment Advisor
- JP MORGAN CHASE BANK — Recordkeeper
- FISHER INVESTMENTS — Recordkeeper
- PRUDENTIAL INSURANCE CO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,230,505
- Estimated Expense Ratio: 3.107% of plan assets
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 | $11,505,637 | $552,430 | $4,783,824 | $129,455 | — |
| 2023 | $16,566,798 | $434,265 | $6,206,457 | $174,983 | — |
| 2022 | $17,091,101 | $445,748 | $8,071,822 | — | $396,187 |