Plan Ledger DOL Form 5500 · updated monthly

Capital Premium Financing, LLC401(k)

RETIREMENT INCOME SECURITY PLAN-CAPITAL PREMIUM FINANCING, LLC · DRAPER, UT · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Capital Premium Financing, LLC reported $64,951 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $2,317 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 0.88% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Utah (485th of 848), and 4,060th of 4,798 in finance & insurance. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 141 to 161 since 2022.

Plan summary
Net assets, end of year$9,234,373
Participants with balances172
Active participants161
Employer contributions$373,020
Employee contributions$768,641
Employer contribution per active participant$2,317
Average account balance$53,688
Benefits paid to participants$503,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 172 accts · $373K emplr
2023$7.4M · 159 accts · $318K emplr
2022$5.7M · 144 accts · $289K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,782
Investment management$33,645
Trustee / custodial$1,524
Total administrative$64,951
The Capital Premium Financing, LLC 401(k) match · 2024
Employer contribution per active participant$2,317
Median for plans this size$1,313
2024$2,317 per active participant
2023$2,151 per active participant
2022$2,049 per active participant

Capital Premium Financing, LLC'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 · 20244
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$9,330
EP WEALTH ADVISORS, INC. · Investment advisory (participants) · Investment advisory (plan)$33,645
HEALTHEQUITY RETIREMENT SERVICES, L · Claims processing · Plan administrator$20,451
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$1,524

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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Administrative cost history3
2024$64,951 · 0.78%
2023$54,818 · 0.84%
2022$51,310 · 0.88%
Same employer
Similar plansFinance & Insurance · Utah
Finwise Bank UT$11.0M · 0.47%
Nav Technologies, Inc. UT$9.5M · 0.79%
Foursight Capital, LLC UT$9.2M · 0.65%
Capital Community Bank UT$8.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820423224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.