Plan Ledger DOL Form 5500 · updated monthly

4LIFE Research, LLC401(k)

4LIFE RESEARCH, LLC 401(K) PLAN · SANDY, UT · plan year 2024

Reported admin expense ratio · 2024
0.33%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

4LIFE Research, LLC reported $97,579 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,281 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.24% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 219th-largest of 848 plans among Utah employers on file, and the 1,336th of 4,246 in wholesale trade. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 317 to 350 since 2022.

Plan summary
Net assets, end of year$30,709,282
Participants with balances503
Active participants350
Employer contributions$798,297
Employee contributions$1,631,122
Employer contribution per active participant$2,281
Average account balance$61,052
Benefits paid to participants$5,424,374
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 503 accts · $798K emplr
2023$29.2M · 453 accts · $625K emplr
2022$26.6M · 446 accts · $654K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,589
Investment management$39,990
Total administrative$97,579
The 4LIFE Research, LLC 401(k) match · 2024
Employer contribution per active participant$2,281
Median for plans this size$2,416
2024$2,281 per active participant
2023$1,866 per active participant
2022$2,062 per active participant

4LIFE Research, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$59,088
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$39,979

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$97,579 · 0.33%
2023$79,928 · 0.29%
2022$67,324 · 0.24%
Same employer
Similar plansWholesale Trade · Utah
Browning UT$48.4M · 0.08%
American Equipment HR, LLC UT$47.6M · 0.36%
Nicholas & Co., Inc. UT$44.8M · 0.33%
Morinda Holdings, Inc. UT$25.3M · 0.33%
Big West Oil Company, LLC UT$21.5M · 0.16%
Unicity International, Inc. UT$20.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870617986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.