Plan Snapshot
- Plan Sponsor: Utah'S Promise
- Sponsor EIN: 870227091
- Sponsor Address: 257 EAST 200 SOUTH SUITE 300, SALT LAKE CITY, UT, 841112078
- Plan Type: 403(b)
- Total Participants: 70
- Total Assets: $4.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 70 | $4.6M | $282,183 | $455,489 |
| 2023 | 94 | $4.4M | $261,856 | $456,784 |
| 2022 | 87 | $3.2M | $233,258 | $383,979 |
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 | $41,235 | — | $41,235 | — | — |
| 2023 | $29,769 | — | $29,769 | — | — |
| 2022 | $26,170 | — | $26,170 | — | — |