Plan Ledger DOL Form 5500 · updated monthly

Authentic Brands, LLC401(k)

AUTHENTIC BRANDS, LLC 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Authentic Brands, LLC reported $82,056 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,685 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 1.03% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 392nd-largest of 848 plans among Utah employers on file, and 7,558th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has shrunk from 677 to 392 since 2022.

Plan summary
Net assets, end of year$13,491,608
Participants with balances280
Active participants392
Employer contributions$1,052,327
Employee contributions$1,829,525
Employer contribution per active participant$2,685
Average account balance$48,184
Benefits paid to participants$2,750,296
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 280 accts · $1.1M emplr
2023$11.5M · 326 accts · $1.1M emplr
2022$6.1M · 339 accts · $946K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,733
Investment management$24,323
Total administrative$82,056
The Authentic Brands, LLC 401(k) match · 2024
Employer contribution per active participant$2,685
Median for plans this size$2,416
2024$2,685 per active participant
2023$2,294 per active participant
2022$1,397 per active participant

Authentic Brands, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,733
HIGHLAND CAPITAL ADVISORS, LLC · Investment advisory (plan)$24,317

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$82,056 · 0.66%
2023$72,621 · 0.83%
2022$55,197 · 1.03%
Same employer
Similar plansManufacturing · Utah
Wilson Electronics, LLC UT$14.9M · 0.15%
Storm Products, Inc. UT$14.0M · 0.58%
Atl Technology LLC UT$13.9M · 0.38%
Civica, Inc. UT$13.6M · 0.30%
Trove Brands, LLC UT$12.1M · 0.54%
Honeyville, Inc UT$11.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831499112 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.