Plan Ledger DOL Form 5500 · updated monthly

Angel Studios Inc401(k)

ANGEL STUDIOS INC 401(K) PROFIT SHARING PLAN & TRUST · PROVO, UT · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Angel Studios Inc reported $41,180 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,606 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 1 year on file its reported administrative ratio fell from 1.05% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Utah (593rd of 848), and 9,643rd of 11,654 in professional & technical services. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,406,478
Participants with balances221
Active participants205
Employer contributions$739,201
Employee contributions$1,186,501
Employer contribution per active participant$3,606
Average account balance$24,464
Benefits paid to participants$797,468
Plan auditUnmodified (clean) audit opinion
AuditorHBME, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$5.4M · 221 accts · $739K emplr
2023$3.5M · 199 accts · $540K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,180
Total administrative$41,180
The Angel Studios Inc 401(k) match · 2024
Employer contribution per active participant$3,606
Median for plans this size$1,313
2024$3,606 per active participant
2023$2,855 per active participant

Angel Studios Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,923
S B H U LIFE AGENCY INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history2
2024$41,180 · 0.92%
2023$27,213 · 1.05%
Same employer
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Arbitersports, LLC UT$5.8M · 1.07%
Taxbit, Inc. UT$5.6M · 0.87%
Awardco, Inc. UT$5.3M · 0.81%
Limble Solutions UT$5.2M · 0.13%
Chatbooks, Inc. UT$4.7M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465217451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.