Plan Ledger DOL Form 5500 · updated monthly

Action Target, Inc.401(k)

ACTION TARGET, INC. 401(K) PLAN · PROVO, UT · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Action Target, Inc. reported $70,074 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,833 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 0.60% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Utah (442nd of 848), and the 1,586th of 3,341 in other services. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 156 to 175 since 2022.

Plan summary
Net assets, end of year$10,769,748
Participants with balances130
Active participants175
Employer contributions$320,838
Employee contributions$644,004
Employer contribution per active participant$1,833
Average account balance$82,844
Benefits paid to participants$890,839
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 130 accts · $321K emplr
2023$9.1M · 133 accts · $295K emplr
2022$7.2M · 133 accts · $295K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,976
Investment management$24,348
Audit (IQPA)$13,750
Total administrative$70,074
The Action Target, Inc. 401(k) match · 2024
Employer contribution per active participant$1,833
Median for plans this size$1,313
2024$1,833 per active participant
2023$1,696 per active participant
2022$1,891 per active participant

Action Target, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$31,976
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan) · Consulting$24,348
WSRP · Accounting / audit$13,750

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$70,074 · 0.70%
2023$57,250 · 0.70%
2022$47,253 · 0.60%
Same employer
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Smith Power Products, Inc. UT$32.2M · 0.33%
Wasatch Academy UT$13.6M · 0.32%
The Elmore Group, LTD. UT$13.6M · 0.91%
Lube Management Corp UT$11.1M · 0.02%
Turn Community Services UT$9.7M · 0.66%
Odyssey House of Utah UT$7.6M · 1.00%
Cascade Services, Inc. UT$6.5M · 0.19%
Utah's Promise UT$4.6M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262492705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.