Plan Ledger DOL Form 5500 · updated monthly

American Equipment HR, LLC401(k)

AMERICAN EQUIPMENT HR, LLC 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

American Equipment HR, LLC reported $158,488 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $3,090 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 has held roughly steady near 0.362%. 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 153rd-largest of 848 plans among Utah employers on file, and the 866th of 4,246 in wholesale trade. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,552,837
Participants with balances981
Active participants817
Employer contributions$2,524,704
Employee contributions$5,232,351
Employer contribution per active participant$3,090
Average account balance$48,474
Benefits paid to participants$7,963,109
Plan auditUnmodified (clean) audit opinion
AuditorWSRP LLC
Plan history2
Yearassets · accounts · employer contribution
2024$47.6M · 981 accts · $2.5M emplr
2023$40.1M · 896 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,632
Investment management$66,856
Total administrative$158,488
The American Equipment HR, LLC 401(k) match · 2024
Employer contribution per active participant$3,090
Median for plans this size$2,416
2024$3,090 per active participant
2023$2,800 per active participant

American Equipment HR, LLC's 2024 employer contribution ran above 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$82,086
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$71,629
RENASANT BANK · Accounting / audit$4,773

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$158,488 · 0.36%
2023$85,060 · 0.36%
Same employer
Similar plansWholesale Trade · Utah
Ifit Inc. UT$76.6M · 0.30%
Browning UT$48.4M · 0.08%
Nicholas & Co., Inc. UT$44.8M · 0.33%
4LIFE Research, LLC UT$30.7M · 0.33%
Morinda Holdings, Inc. UT$25.3M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883927589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.