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UTAH FIRST TITLE 401(K) 401k Plan overview

Plan NameUTAH FIRST TITLE 401(K)
Plan identification number 001

UTAH FIRST TITLE 401(K) Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

UTAH FIRST TITLE INSURANCE AGENCY INC. has sponsored the creation of one or more 401k plans.

Company Name:UTAH FIRST TITLE INSURANCE AGENCY INC.
Employer identification number (EIN):134258843
NAIC Classification:524290

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UTAH FIRST TITLE 401(K)

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CHARLES WALKER2023-11-21
0012022-01-01CHARLES WALKER2023-07-12
0012021-01-01CHARLES WALKER2022-07-01
0012020-01-01CHARLES WALKER2021-06-28

Plan Statistics for UTAH FIRST TITLE 401(K)

401k plan membership statisitcs for UTAH FIRST TITLE 401(K)

Measure Date Value
2022: UTAH FIRST TITLE 401(K) 2022 401k membership
Total number of particpants at beginning of year2022-07-0113
Total number of particpants at end of year2022-07-0118
Number of Participants With Account Balances2022-07-018

Financial Data on UTAH FIRST TITLE 401(K)

Measure Date Value
2022 : UTAH FIRST TITLE 401(K) 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-010
Total liabilities as of the end of the plan year2022-07-010
Total liabilities as of the beginning of the plan year2022-07-010
Total expenses incurred by plan in this plan year2022-07-011528
Net assets as of the end of the plan year2022-07-0140274
Total assets as of the beginning of the plan year2022-07-014052
Value of plan covered by a fidelity bond2022-07-011000
Participant contributions to plan in this plan year2022-07-0121104
Other expenses paid from plan in this plan year2022-07-010
Other contributions to plan in this plan year2022-07-010
Other income to plan in this plan year2022-07-014220
Plan net income in this plan year2022-07-0136222
Net assets as of the end of the plan year2022-07-0140274
Net assets as of the beginning of the plan year2022-07-014052
Employer contributions to plan in this plan year2022-07-0112426
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-011528

Potentially related plans

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