Plan Ledger DOL Form 5500 · updated monthly

Children's Miracle Network403(b)

CHILDREN'S MIRACLE NETWORK 403(B) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Children's Miracle Network reported $127,815 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $16,542 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 0.29% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 144th-largest of 848 plans among Utah employers on file, and the 410th of 3,341 in other services. In 2024, the employer put in $3.15 for every $1.00 employees contributed themselves; active participation has shrunk from 205 to 183 since 2022.

Plan summary
Net assets, end of year$53,299,845
Participants with balances228
Active participants183
Employer contributions$3,027,261
Employee contributions$962,443
Employer contribution per active participant$16,542
Average account balance$233,771
Benefits paid to participants$3,029,159
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$53.3M · 228 accts · $3.0M emplr
2023$45.7M · 219 accts · $3.0M emplr
2022$36.2M · 215 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,815
Total administrative$127,815
Employer contributions to the Children's Miracle Network plan · 2024
Employer contribution per active participant$16,542
Median for plans this size$2,416
2024$16,542 per active participant
2023$16,665 per active participant
2022$13,366 per active participant

Children's Miracle Network's 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$127,814
RAYMOND JAMES FIN SVCS ADVISORS · Investment advisory (plan)indirect 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$127,815 · 0.26%
2023$117,213 · 0.29%
2022$109,603 · 0.29%
Same employer
Similar plansOther Services · Utah
Alsco Inc. UT$345.8M · 0.11%
Healthequity, Inc. UT$297.0M · 0.12%
Vivint, Inc. UT$134.7M · 0.33%
Best Friends Animal Society UT$70.9M · 0.22%
Any Hour, Inc. UT$37.9M · 0.48%
Smith Power Products, Inc. UT$32.2M · 0.33%
Wasatch Academy UT$13.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870387205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.