Plan Snapshot
- Plan Sponsor: First Utah Bank INC
- Sponsor EIN: 870344903
- Sponsor Address: 3826 S 2300 E, SALT LAKE CITY, UT, 84109
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $11.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 112 | $11.2M | $404,859 | $646,581 |
| 2023 | 95 | $9.4M | $404,239 | $638,469 |
| 2022 | 102 | $8.5M | $346,469 | $678,644 |
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 |
|---|---|---|---|---|
| TANNER LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TANNER LLC — 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 | $43,254 | $3,495 | — | — | — |
| 2023 | $34,969 | $3,719 | — | — | — |
| 2022 | $33,955 | — | $33,955 | — | — |