UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN

Overview

Plan Contact

  • Address: 428 EAST WINCHESTER, STE 135,SALT LAKE CITY,UT
  • Contact person: FIDUCIARY SERVICES
  • Phone: (801) 363-3885

Plan General Information


At the end of 2022, the total retirement plan assets of UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN is $22,471,023.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN is 892

In 2022, the average participant retirement account value for UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN is $25,191

In 2022, the estimated average employee contribution amount per participant for UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN is $3,151

In 2022, the estimated average employer match for an employee in UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN is approximately $1,420

In 2022, UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN allocates $1,267,506 to match its employees’ contributions, providing an employer match rate of 47.94% of their contributions

In 2022, the total retirement plan asset growth rate of UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN is 7.73%

In 2022, the estimated aggregate retirement account investment gain/loss for UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN is 1.25%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of UTAH MANUFACTURERS ASSOCIATION 401(K) PROFIT SHARING MULTIPLE EMPLOYER PLAN is 0.99%.

Enrollment Features