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Original filing (PDF)20250728101713NAL0001853025001
DESERET MUTUAL BENEFIT ADMINISTRATORS
Form 5500
FILING_RECEIVED
DESERET 401(K) PLAN
401(k) retirement plan
Active participants
25,752
Accounts w/ balance
39,798
Plan assets (EOY)
$6.1B
Net assets (EOY)
$6.1B
How this plan invests
This plan
19 pooled trusts
Schedule D
32 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Helping the score
- Below-peer total fees (1 bps vs 5 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for DESERET MUTUAL BENEFIT ADMINISTRATORS.
Plan sponsor
Name
DESERET MUTUAL BENEFIT ADMINISTRATORS
EIN
87-0440163
Address
PO BOX 45530 · SALT LAKE CITY, UT · 84145
Phone
(801) 578-5600
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-28
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
DELOITTE & TOUCHE LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER TRUST COMPANY LLC | — | DENVER, CO | RECORDKEEPER | $860K | — |
Investments
11 direct securities · 19 pooled funds· $6.1B(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$5.7B
19 holdings
Uncategorized
$424.8M
11 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| LIFEPATH INDEX RETIRE FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 71-0986421 / PN 001 | Common Collective Trust | — | — | $1.5B | 23.7% | |
| LIFEPATH INDEX 2035 FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 20-5114956 / PN 001 | Common Collective Trust | — | — | $719.6M | 11.7% | |
| LIFEPATH INDEX 2030 FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 20-5114920 / PN 001 | Common Collective Trust | — | — | $690.9M | 11.2% | |
| LIFEPATH INDEX 2040 FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 71-0986419 / PN 001 | Common Collective Trust | — | — | $676.7M | 11.0% | |
| LIFEPATH INDEX 2045 FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 20-5115008 / PN 001 | Common Collective Trust | — | — | $554.9M | 9.0% | |
| BLACKROCK EQUITY INDEX FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-3262720 / PN 001 | Common Collective Trust | — | — | $427.0M | 6.9% | |
| LIFEPATH INDEX 2050 FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 26-0896020 / PN 001 | Common Collective Trust | — | — | $353.8M | 5.8% | |
| LIFEPATH INDEX 2055 FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 27-2470604 / PN 001 | Common Collective Trust | — | — | $228.3M | 3.7% | |
| Voya Enhanced Intermediate Stable Voya Value Fund | — | — | — | $194.2M | 3.2% | |
| BLACKROCK MIDCAP EQUITY INDEX FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-3272818 / PN 001 | Common Collective Trust | — | — | $125.1M | 2.0% | |
| LIFEPATH INDEX 2060 FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 47-1878775 / PN 001 | Common Collective Trust | — | — | $106.5M | 1.7% | |
| FTSE RAFI U.S. 1000 INDEX FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 47-4514493 / PN 001 | Common Collective Trust | — | — | $91.2M | 1.5% | |
| LIFEPATH INDEX 2065 FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 84-1770109 / PN 001 | Common Collective Trust | — | — | $65.1M | 1.1% | |
| BRANDES INTERNATIONAL VALUE FUND GREAT GRAY · EIN 26-3783687 / PN 920 | Common Collective Trust | — | — | $63.3M | 1.0% | |
| DFA US Small-Cap DFA Investment Dimension Group Inc. Value Fund | — | — | — | $61.8M | 1.0% | |
| TCM Small Cap Tyee Growth Fund | — | — | — | $61.7M | 1.0% | |
| VOYA CORE PLUS TRUST FUND VOYA INVESTMENT TRUST CO. · EIN 06-1440627 / PN 022 | Common Collective Trust | — | — | $57.7M | 0.9% | |
| WILLIAM BLAIR INT'L GROWTH CIT GLOBAL TRUST COMPANY · EIN 27-6331814 / PN 002 | Common Collective Trust | — | — | $47.6M | 0.8% | |
| Participant loans (maturing 2025 to 2029 at * Participant Loans interest rates ranging from 2.5%-9.5%) | — | — | — | $37.2M | 0.6% | |
| Vanguard Inflation Protected Securities Vanguard Fund | — | — | — | $34.9M | 0.6% | |
| PIMCO High Yield PIMCO Institutional | — | — | — | $32.9M | 0.5% | |
| BLACKROCK RUSSELL 2000 INDEX FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 87-4239791 / PN 001 | Common Collective Trust | — | — | $23.4M | 0.4% | |
| LSV EMERGING MARKETS CIT RELIANCE TRUST COMPANY · EIN 90-6169542 / PN 011 | Common Collective Trust | — | — | $20.8M | 0.3% | |
| BLACKROCK MSCI ACWI EX-US INDEX FUN BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 87-4263088 / PN 001 | Common Collective Trust | — | — | $11.7M | 0.2% | |
| Vanguard Federal Money Vanguard Market Fund | — | — | — | $1.1M | <0.1% | |
| Va rious parti ci pa nts* Party-i n-i nteres t.** Cos t i nforma ti on i s not requi red for parti ci pa nt-di rected inves tments a nd i s therefore not incl uded. DESERET 401(k) PLANEmployer ID No: 87-0440163Plan No: 003FORM 5500, SCHEDULE H, PART IV LINE 4i—SCHEDULE OF ASSETS (HELD AT END OF YEAR)AS OF DECEMBER 31, 2024(a) | — | — | — | $1.0M | <0.1% | |
| LIFEPATH INDEX 2070 FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 99-3702781 / PN 001 | Common Collective Trust | — | — | $333K | <0.1% | |
| (1) X This form is filed for a CCT, PSA, or MTIA. | — | — | — | $3K | <0.1% | |
| (1) X DOL Regulation 2520.103-8 (2) X DOL Regulation 2520.103-12(d) (3) X neither DOL Regulation 2520.103-8 nor DOL Regulation 2520.103-12(d). | — | — | $3K | $3K | <0.1% | |
| Yes No Amount a | — | — | — | $3K | <0.1% |
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