401k Plan data: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN plan

DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 401k Plan overview

Plan Name	DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN
Plan identification number	007

DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DESERET MUTUAL BENEFIT ADMINISTRATORS has sponsored the creation of one or more 401k plans.

Company Name: DESERET MUTUAL BENEFIT ADMINISTRATORS

Employer identification number (EIN): 870440163

NAIC Classification: 524290

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
007 2018-01-01
007 2017-01-01 MICHAEL J. RASBAND
007 2016-01-01 MICHAEL J. RASBAND
007 2015-04-01 MICHAEL J RASBAND
007 2015-04-01 MICHAEL J RASBAND

Plan Statistics for DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN

401k plan membership statisitcs for DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN

Measure Date Value
2018: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 0
Number of participants with account balances 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 2
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 2
Number of participants with account balances 2017-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 4,967
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Number of participants with account balances 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year 2015-04-01 4,956
Total number of active participants reported on line 7a of the Form 5500 2015-04-01 4,356
Number of retired or separated participants receiving benefits 2015-04-01 4
Number of other retired or separated participants entitled to future benefits 2015-04-01 592
Total of all active and inactive participants 2015-04-01 4,952
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-04-01 4
Total participants 2015-04-01 4,956
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-04-01 137

Measure	Date	Value
2018: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	0
Number of participants with account balances	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	2
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	2
Number of participants with account balances	2017-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	4,967
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Number of participants with account balances	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year	2015-04-01	4,956
Total number of active participants reported on line 7a of the Form 5500	2015-04-01	4,356
Number of retired or separated participants receiving benefits	2015-04-01	4
Number of other retired or separated participants entitled to future benefits	2015-04-01	592
Total of all active and inactive participants	2015-04-01	4,952
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-04-01	4
Total participants	2015-04-01	4,956
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-04-01	137

Financial Data on DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN

Measure	Date	Value
2018 : DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$389
Expenses. Total of all expenses incurred	2018-12-31	$389
Benefits paid (including direct rollovers)	2018-12-31	$389
Value of fidelity bond covering the plan	2018-12-31	$3,000,000
Net income (gross income less expenses)	2018-12-31	$0
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$0
Total contributions received or receivable from employer(s)	2018-12-31	$389
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$5,454
Expenses. Total of all expenses incurred	2017-12-31	$5,454
Benefits paid (including direct rollovers)	2017-12-31	$5,454
Value of fidelity bond covering the plan	2017-12-31	$3,000,000
Net income (gross income less expenses)	2017-12-31	$0
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$0
Total contributions received or receivable from employer(s)	2017-12-31	$5,454
2016 : DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$2,282
Total income from all sources (including contributions)	2016-12-31	$4,752,718
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$29,501,802
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$28,950,852
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$4,723,943
Value of total assets at end of year	2016-12-31	$0
Value of total assets at beginning of year	2016-12-31	$24,751,366
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$550,950
Total interest from all sources	2016-12-31	$28,775
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2016-12-31	$0
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$47,654
Administrative expenses (other) incurred	2016-12-31	$550,950
Total non interest bearing cash at end of year	2016-12-31	$0
Total non interest bearing cash at beginning of year	2016-12-31	$24,751,366
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$-24,749,084
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$24,749,084
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$28,775
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$4,676,289
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$28,950,852
Liabilities. Value of benefit claims payable at beginning of year	2016-12-31	$2,282
Did the plan have assets held for investment	2016-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	No
Opinion of an independent qualified public accountant for this plan	2016-12-31	Unqualified
Accountancy firm name	2016-12-31	DELOITTE & TOUCHE, LLP
Accountancy firm EIN	2016-12-31	113891517
2015 : DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total transfer of assets to this plan	2015-12-31	$19,717,525
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$2,282
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$5,337,173
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$305,614
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$108,152
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$5,311,000
Value of total assets at end of year	2015-12-31	$24,751,366
Value of total assets at beginning of year	2015-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$197,462
Total interest from all sources	2015-12-31	$26,173
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2015-12-31	$0
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Administrative expenses (other) incurred	2015-12-31	$197,462
Total non interest bearing cash at end of year	2015-12-31	$24,751,366
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$5,031,559
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$24,749,084
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$26,173
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$5,311,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$108,152
Liabilities. Value of benefit claims payable at end of year	2015-12-31	$2,282
Did the plan have assets held for investment	2015-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	No
Opinion of an independent qualified public accountant for this plan	2015-12-31	Unqualified
Accountancy firm name	2015-12-31	DELOITTE & TOUCHE, LLP
Accountancy firm EIN	2015-12-31	113891517

Form 5500 Responses for DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN

2018: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: DESERET MUTUAL TRANSITIONAL MASTER RETIREMENT PLAN 2015 form 5500 responses
2015-04-01	Type of plan entity	Single employer plan
2015-04-01	First time form 5500 has been submitted	Yes
2015-04-01	Submission has been amended	Yes
2015-04-01	This submission is the final filing	No
2015-04-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2015-04-01	Plan is a collectively bargained plan	No
2015-04-01	Plan funding arrangement – Trust	Yes
2015-04-01	Plan benefit arrangement - Trust	Yes

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Company Name:	DESERET MUTUAL BENEFIT ADMINISTRATORS
Employer identification number (EIN):	870440163
NAIC Classification:	524290

Plan id#	Filing Submission Date	Name of Administrator
007	2018-01-01
007	2017-01-01	MICHAEL J. RASBAND
007	2016-01-01	MICHAEL J. RASBAND
007	2015-04-01	MICHAEL J RASBAND
007	2015-04-01	MICHAEL J RASBAND