Plan Ledger DOL Form 5500 · updated monthly

Zions Bancorporation, National Association401(k) + ESOP (KSOP)

ZIONS BANCORPORATION, N.A. PAYSHELTER 401K AND EMPLOYEE STOCK OWNERSHIP PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Zions Bancorporation, National Association reported $829,495 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $4,881 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.06% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 3rd-largest of 848 plans among Utah employers on file, and the 106th of 4,798 in finance & insurance. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,885,575,832
Participants with balances12,987
Active participants10,518
Employer contributions$51,336,852
Employee contributions$76,716,572
Employer contribution per active participant$4,881
Average account balance$145,189
Benefits paid to participants$197,797,921
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.9B · 12,987 accts · $51.3M emplr
2023$1.7B · 13,121 accts · $61.2M emplr
2022$1.5B · 13,269 accts · $51.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$529,529
Investment management$299,966
Total administrative$829,495
The Zions Bancorporation, National Association 401(k) match · 2024
Employer contribution per active participant$4,881
Median for plans this size$5,259
2024$4,881 per active participant
2023$6,134 per active participant
2022$5,148 per active participant

Zions Bancorporation, National Association's 2024 employer contribution ran below the $5,259 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$528,222
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$299,966

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$829,495 · 0.05%
2023$858,436 · 0.05%
2022$913,111 · 0.06%
Same employer
Similar plansFinance & Insurance · Utah
Sentry Insurance Company WI$1.9B · 0.01%
Paychex Retirement LLC NY$1.8B · 0.98%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 870189025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.