Chrysalis Utah, Inc. 401(k) Plan: Login, Facts & Contact Information

Chrysalis Utah, Inc. 401(k) Plan Facts

Plan name
CHRYSALIS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CHRYSALIS UTAH, INC.
Participants
1,743 (1,501 active employees)
Former employees with a balance
45
Plan assets
$10,748,245 at Dec 31, 2022
Average account balance
$29,049 across 370 accounts
Employer contributions
$638,359 in plan year 2022 (38% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jul 1, 1998
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Dec 6, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.70 million went into the plan in contributions, $638,359 of it from the employer (38%).
  • $794,633 was paid out to participants.
  • Administrative expenses were $62,993, about $170 per account.

How the Chrysalis Utah, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20171,192$5.54 million$311,829$88,705
20181,198$5.60 million$340,625$367,759
20191,564$7.47 million$382,187$406,708
20201,681$9.36 million$467,344$510,210
20211,832$11.9 million$540,303$392,786
20221,743$10.7 million$638,359$794,633

Chrysalis Utah, Inc. 401(k) Contact Information

Phone
801-623-8552
Mailing address
1443 WEST 800 NORTH SUITE 103, OREM UT 84057
Plan sponsor
CHRYSALIS UTAH, INC.
Employer identification number (EIN)
87-0595720
Plan number
002

Questions about the Chrysalis Utah, Inc. 401(k)

Does Chrysalis Utah, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $638,359, 38% of all contributions.

Does the Chrysalis Utah, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Chrysalis Utah, Inc 401(k) plan?

1,743 participants at the start of plan year 2022, 1,501 of them active employees, and 45 former employees who still had money in the plan.

What is the average 401(k) balance at Chrysalis Utah, Inc?

About $29,049 per account: $10.7 million in plan assets across 370 accounts with a balance at the end of plan year 2022.

Who manages the Chrysalis Utah, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Chrysalis Utah, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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