Plan Ledger DOL Form 5500 · updated monthly

Boostability Parent, Inc.401(k)

BOOSTABILITY 401(K) PLAN · LEHI, UT · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Boostability Parent, Inc. reported $58,368 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $27 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 1.09% to 1.00%. 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 (565th of 848), and 9,359th of 11,654 in professional & technical services. In 2024, employees put in $122.04 for every $1.00 the employer contributed; active participation has shrunk from 321 to 160 since 2022.

Plan summary
Net assets, end of year$6,102,999
Participants with balances384
Active participants160
Employer contributions$4,368
Employee contributions$533,058
Employer contribution per active participant$27
Average account balance$15,893
Benefits paid to participants$691,498
Plan auditUnmodified (clean) audit opinion
AuditorSQUIRE
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 384 accts · $4K emplr
2023$5.6M · 312 accts
2022$4.4M · 302 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,368
Total administrative$58,368
The Boostability Parent, Inc. 401(k) match · 2024
Employer contribution per active participant$27
Median for plans this size$1,313

Boostability Parent, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
ONEDIGITAL INVESTMENT ADVISORSindirect comp
DWC, ERISA CONSULTANTS 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$58,368 · 1.00%
2023$41,860 · 0.84%
2022$53,631 · 1.09%
Similar plansProfessional & Technical Services · Utah
Payday Benefits, LLC UT$6.9M · 0.98%
Pelatron Technologies LLC UT$6.6M · 0.44%
Sera Prognostics, Inc. UT$6.1M · 1.03%
Canopy Tax, Inc. UT$6.0M · 0.30%
Arbitersports, LLC UT$5.8M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825041900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.