Great Salt Lake Electric 401(k) match, vesting and fees
What Great Salt Lake Electric's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Ascensus LLC | Schedule C ↗ |
| Independent auditor | Rasmuson & Company, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Great Salt Lake Electric: employer contribution per participant | $1,498 | |
| Peer median | $2,411 |
| Great Salt Lake Electric: average balance | $72,582 | |
| Peer median | $61,921 |
| Great Salt Lake Electric: admin expenses ÷ assets | 0.36% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $15.4M at the end of plan year 2021 to $26.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 382 | $26.9M | $554K | $1,498 | 0.36% | Not published | Form 5500 ↗ |
| 2023 | 345 | $21.9M | $461K | $1,378 | 0.37% | Not published | Form 5500 ↗ |
| 2022 | 340 | $17.7M | $559K | $1,694 | 0.30% | Not published | Form 5500 ↗ |
| 2021 | 329 | $15.4M | $774K | $2,426 | 0.24% | Not published | Form 5500 ↗ |
Other Great Salt Lake Electric plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Gsl Electric Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Rasmuson & Company, PC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Great Salt Lake Electric match 401(k) contributions?
The match terms for the Gsl Electric 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $554K in employer contributions, about $1,498 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Great Salt Lake Electric 401(k) match vested?
The vesting schedule for the Gsl Electric 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Great Salt Lake Electric 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Ascensus LLC. The plan administrator is Great Salt Lake Electric Incorporated.
I left Great Salt Lake Electric. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Great Salt Lake Electric Incorporated, (801) 565-0088) or the recordkeeper, Ascensus LLC. The Great Salt Lake Electric old 401(k) page lists the contacts from every plan filing. Find an old Great Salt Lake Electric 401(k)
Data from the public Form 5500 annual reports Great Salt Lake Electric filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Great Salt Lake Electric. Not financial advice. Report a correction · Methodology