Plan Ledger DOL Form 5500 · updated monthly

Utah Behavior Services, Inc.401(k)

UTAH BEHAVIOR SERVICES, INC. 401(K) PLAN · TAYLORSVILLE, UT · plan year 2022

Employer contribution per participant · 2022
$206

Utah Behavior Services, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $664,681 across 69 participant accounts, with employer contributions averaging $206 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Utah (816th of 848), and 11,199th of 11,911 in health care & social assistance. In 2022, employees put in $3.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$664,681
Participants with balances69
Active participants350
Employer contributions$72,174
Employee contributions$226,761
Employer contribution per active participant$206
Average account balance$9,633
Benefits paid to participants$87,158
Plan auditUnmodified (clean) audit opinion
AuditorCHILD RICHARDS CPAS AND ADVISORS
Plan history2
Yearassets · accounts · employer contribution
2022$665K · 69 accts · $72K emplr
2020$326K · 44 accts · $49K emplr
The Utah Behavior Services, Inc. 401(k) match · 2022
Employer contribution per active participant$206
Median for plans this size$331
2022$206 per active participant
2020$110 per active participant

Utah Behavior Services, Inc.'s 2022 employer contribution ran below the $331 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history2
2022Not separately reported
2020Not separately reported
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Source: U.S. Department of Labor, Form 5500 series, EIN 273321637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.