Plan Ledger DOL Form 5500 · updated monthly

Calltower, Inc.401(k)

RETIREMENT INCOME SECURITY PLAN-CALLTOWER, INC. · SOUTH JORDAN, UT · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Calltower, Inc. reported $52,840 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $2,472 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 0.69% to 0.64%. 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 (475th of 848), and 8,162nd of 11,654 in professional & technical services. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 150 to 178 since 2022.

Plan summary
Net assets, end of year$9,480,793
Participants with balances143
Active participants178
Employer contributions$440,030
Employee contributions$1,018,847
Employer contribution per active participant$2,472
Average account balance$66,299
Benefits paid to participants$373,147
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 143 accts · $440K emplr
2023$7.1M · 130 accts · $388K emplr
2022$5.0M · 124 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,122
Investment management$32,201
Trustee / custodial$1,517
Total administrative$52,840
The Calltower, Inc. 401(k) match · 2024
Employer contribution per active participant$2,472
Median for plans this size$1,313
2024$2,472 per active participant
2023$2,567 per active participant
2022$1,750 per active participant

Calltower, 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
EP WEALTH ADVISORS, INC. · Investment advisory (participants) · Investment advisory (plan)$32,201
HEALTHEQUITY RETIREMENT SERVICES, L · Claims processing · Plan administrator$20,126
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$1,517

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$52,840 · 0.64%
2023$40,271 · 0.67%
2022$31,665 · 0.69%
Same employer
Similar plansProfessional & Technical Services · Utah
Executech Utah, LLC UT$10.4M · 0.74%
Consultnet, LLC UT$10.2M · 0.70%
Wsrp, LLC UT$10.0M · 0.61%
Studies Weekly, Inc UT$8.5M · 0.07%
Qnergy, Inc. UT$8.0M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943411257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.