Plan Ledger DOL Form 5500 · updated monthly

Access Vg LLC401(k)

ACCESS VG LLC 401(K) PLAN · SALT LAKE CITY, UT · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Access Vg LLC reported $48,580 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,944 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 fell from 0.40% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 335th-largest of 848 plans among Utah employers on file, and 6,046th of 11,654 in professional & technical services. In 2023, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,377,548
Participants with balances169
Active participants115
Employer contributions$338,536
Employee contributions$806,357
Employer contribution per active participant$2,944
Average account balance$102,826
Benefits paid to participants$485,447
Plan auditUnmodified (clean) audit opinion
AuditorVALENTINE CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 137 accts · $269K emplr
2023$17.4M · 169 accts · $339K emplr
2022$14.1M · 167 accts · $269K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$48,580
Total administrative$48,580
The Access Vg LLC 401(k) match · 2023
Employer contribution per active participant$2,944
Median for plans this size$2,440
2024$3,060 per active participant
2023$2,944 per active participant
2022$2,223 per active participant

Access Vg LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$48,580
WELLS FARGO CLEARING SERVICES LLC · Other servicesindirect comp

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$47,782 · 0.31%
2023$48,580 · 0.31%
2022$61,328 · 0.40%
Similar plansProfessional & Technical Services · Utah
Uels, LLC UT$17.8M · 0.39%
Outbox Systems, Inc. UT$17.3M · 0.54%
Solutionreach, Inc. UT$17.1M · 0.57%
Securitymetrics Inc UT$16.9M · 0.34%
Asahi Refining USA, Inc. UT$16.2M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 870432299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.