Plan Ledger DOL Form 5500 · updated monthly

Bronco Utah Operations LLC401(k)

BRONCO UTAH OPERATION, LLC 401K PLAN · EMERY, UT · plan year 2023

Reported admin expense ratio · 2023
1.60%

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

Bronco Utah Operations LLC reported $46,891 in plan administrative expenses for 2023: 1.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,928 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 1.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Utah (670th of 848), and 533rd of 612 in mining, oil & gas extraction. In 2023, employees put in $1.34 for every $1.00 the employer contributed; active participation has grown from 185 to 304 since 2022.

Plan summary
Net assets, end of year$3,632,123
Participants with balances133
Active participants304
Employer contributions$586,151
Employee contributions$784,387
Employer contribution per active participant$1,928
Average account balance$27,309
Benefits paid to participants$598,152
Plan auditUnmodified (clean) audit opinion
AuditorLARSON & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $618K emplr
2023$3.6M · 133 accts · $586K emplr
2022$2.2M · 117 accts · $492K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,467
Investment management$40,424
Total administrative$46,891
The Bronco Utah Operations LLC 401(k) match · 2023
Employer contribution per active participant$1,928
Median for plans this size$1,308
2023$1,928 per active participant
2022$2,658 per active participant

Bronco Utah Operations LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Pension consulting$53,068
ADP, INC. · Recordkeeping$19,247

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024Not separately reported
2023$46,891 · 1.60%
2022$34,438 · 1.62%
Same employer
Similar plansMining, Oil & Gas Extraction · Utah
Blue Mountain Energy, Inc. UT$16.1M · 0.05%
Dp Industrial, Inc. UT$1.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810698226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.