Utah Manufacturers Association 401(k) match, vesting and fees
What Utah Manufacturers Association'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 | Transamerica Financial Life | Schedule C ↗ |
| Independent auditor | Jones Simkins LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Utah Manufacturers Association: employer contribution per participant | $1,926 | |
| Peer median | $2,038 |
| Utah Manufacturers Association: average balance | $26,439 | |
| Peer median | $72,907 |
| Utah Manufacturers Association: admin expenses ÷ assets | 1.05% | |
| Peer median | 0.20% |
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 $20.9M at the end of plan year 2021 to $17.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,022 | $17.1M | $1.2M | $1,926 | 1.05% | Not published | Form 5500 ↗ |
| 2023 | 1,226 | $17.6M | $888K | $1,180 | 0.76% | Not published | Form 5500 ↗ |
| 2022 | 1,005 | $22.5M | $1.3M | $2,490 | 1.03% | Not published | Form 5500 ↗ |
| 2021 | 904 | $20.9M | $942K | $1,393 | 1.09% | Not published | Form 5500 ↗ |
Common questions
Does Utah Manufacturers Association match 401(k) contributions?
The match terms for the Utah Manufacturers Association Mep 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.2M in employer contributions, about $1,926 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Utah Manufacturers Association 401(k) match vested?
The vesting schedule for the Utah Manufacturers Association Mep 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Utah Manufacturers Association 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Financial Life. The plan administrator is Utah Manufacturers Association.
I left Utah Manufacturers Association. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Utah Manufacturers Association, (801) 363-3885) or the recordkeeper, Transamerica Financial Life. The Utah Manufacturers Association old 401(k) page lists the contacts from every plan filing. Find an old Utah Manufacturers Association 401(k)
Data from the public Form 5500 annual reports Utah Manufacturers Association 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 Utah Manufacturers Association. Not financial advice. Report a correction · Methodology