ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 401(k): Fidelity, match 4.5% max
Zions Bancorporation, N.A. Payshelter 401(k) and Employee Stock Ownership Plan · ZION · CIK 109380
Fidelity Investments is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Matched to this employer by sponsor name, not by an identifier stated in the filing.
Maximum employer match, as a share of pay
4.5%
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ matches 100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 3% of pay, for a maximum employer match of 4.5% of pay.
From the Form 11-K filed June 25, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ puts in, and what the plan costs
What ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ put into the plan, per active participant
$4,881
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ put $4,881 into this plan for each of its 10,518 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ put in less per active participant than 51% of plans with 5,000+ participants at banks and lenders. The middle plan in that group of 66 reported $4,881. Banks and lenders comes from business code 522110, which ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 870189025, plan 006 · DOL EFAST2 ↗
The $4,881 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,228 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ puts in
$2,228
a year, at a $49,500 salary.
The match paragraph, word for word
“The Bank provides a matching contribution of 100% for the first 3% of the participant’s eligible compensation and 50% for the next 3%.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participant and Bank matching contributions, plus investment earnings, are immediately vested.”
A worker hired today collects no match for 1 year. This is a filed term, and it does not move the score above.
Eligibility, word for word
“Any nonexcluded employee (as defined in the Plan provisions) at least 21 years of age is eligible to participate.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
52nd percentile
$57.18 per participant in plan-paid administrative cost, more expensive than 52% of plans with 5,000+ participants.
What is ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s 401(k) match formula?
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s 401(k) employer match tops out at 4.5% of pay. A tiered formula pays its best rate on the first slice of pay and less on the next, which is how the rate steps down.
| Match formula | 100% (dollar-for-dollar) of the first 3% of pay |
|---|---|
| then | 50% of the next 3% of pay |
| Maximum employer match | 4.5% of compensation |
| Paid in company stock | No, paid in cash or per your investment elections |
| Other employer contribution | The 401(k) plan also has a noncontributory profit-sharing feature that is discretionary and may range from 0% to 3.5% of eligible compensation based upon the Bank's performance according to a formula approved annually by the Board of Directors. For the 2025 Plan year, $16,782,818 was contributed in February 2026. |
At a $45,000 salary, contributing 6% ($2,700) earns the full employer match of $2,025 for the year.
What the filing says, word for word
“The Bank provides a matching contribution of 100% for the first 3% of the participant’s eligible compensation and 50% for the next 3%.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s 401(k) vesting schedule?
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Other employer contributions | Bank contributions under the noncontributory profit sharing feature vest according to the following schedule: Less than 2 None, 2 20%, 3 40%, 4 60%, 5 or more 100%. |
Vesting, word for word
“Participant and Bank matching contributions, plus investment earnings, are immediately vested.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR · SEC ↗
Who can join ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s 401(k), and is enrollment automatic?
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s filing does not mention automatic enrollment, which is not the same as the plan having none.
| Plan entry | Any nonexcluded employee (as defined in the Plan provisions) at least 21 years of age is eligible to participate. |
|---|---|
| Match eligibility | A matching contribution is provided to participants after completing at least one year of employment, measured from the date of hire. Matching contributions begin after the employee satisfies the one year employment condition and is based on the salary reduction contributions made after that date. |
| Automatic enrollment | Not mentioned in the filing (not proof of absence) |
Eligibility, word for word
“Any nonexcluded employee (as defined in the Plan provisions) at least 21 years of age is eligible to participate.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Fidelity Investments, filed as “FIDELITY INVESTMENTS INSTITUTIONAL”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
10,593 plans on file name Fidelity Investments as their recordkeeper. Of those, the 10,022 with a computable fee have a median plan-paid cost of $97.71 per participant.
Participants log in at Fidelity NetBenefits ↗. 401(k) Monitor is not affiliated with Fidelity Investments or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Fidelity Investments |
|---|---|
| Recordkeeper EIN | 042647786 |
What does the ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ plan report on Form 5500?
The ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ plan reported $1.9B in assets and 14,506 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | Zions Bancorporation, N.A. Payshelter 401(k) And Employee Stock Ownership Plan |
|---|---|
| Total plan assets | $1,885,575,832 |
| Participants | 14,506 |
| Plan-paid admin cost per participant | $57.18 |
How that cost compares
This plan pays $57.18 per participant. The median across plans at banks and lenders is $152.83, from the 2,143 of 2,264 whose Form 5500 yields a per-participant cost.
How does ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s 401(k) match compare?
ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s maximum 401(k) match of 4.5% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file at banks and lenders, two report the same recordkeeper and one vests on the same schedule.
Maximum match 4.5% of pay. Also at banks and lenders.
Maximum match 5% of pay. Also at banks and lenders.
Maximum match 4.5% of pay. Also at banks and lenders.
Maximum match 4.5% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 5% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 6% of pay. Vests immediately too, like ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/.
Compare ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 25, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s 401(k) match?
Zions Bancorporation, National Association /Ut/ matches 100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 3% of pay, for a maximum employer match of 4.5% of compensation (plan year ended December 31, 2025).
When does the ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s 401(k) plan have automatic enrollment?
Not mentioned in the filing (not proof of absence).
Who is the recordkeeper for ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/'s 401(k)?
Fidelity Investments is named as the recordkeeper on the Form 5500 filed for Zions Bancorporation, N.A. Payshelter 401(k) And Employee Stock Ownership Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ |
| SEC CIK | 109380 |
| Accession number | 0000109380-26-000095 |
| Plan | Zions Bancorporation, N.A. Payshelter 401(k) and Employee Stock Ownership Plan |
| Period of report | June 25, 2026 |
| Filed | June 25, 2026 |
401(k) Monitor is not affiliated with ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 401(k) plan facts”, from SEC Form 11-K accession 0000109380-26-000095, plan year ended December 31, 2025.
