A $30-$year $1/1$ ARM has an initial rate of $3\mathrm{.}80\%.$ In the future, the rate will reset to $134$ basis points above the SOFR index rate with no rate caps or floors. In one year, at the time of the first reset, the SOFR is $2\%.$ What interest rate will be used to compute payments at the first reset? Write your answers as a percent rounded to two decimal points without any signs $($e$.$g$.$ if you get $4\mathrm{.}5699\%,$ write $4\mathrm{.}57)$