Plan Ledger DOL Form 5500 · updated monthly

Clarus Corporation401(k)

CLARUS CORPORATION RETIREMENT SAVINGS PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Clarus Corporation reported $26,431 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,481 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 0.12% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 233rd-largest of 848 plans among Utah employers on file, and the 4,730th of 13,661 in manufacturing. In 2024, employees put in $3.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,052,475
Participants with balances342
Active participants296
Employer contributions$438,228
Employee contributions$1,641,177
Employer contribution per active participant$1,481
Average account balance$82,025
Benefits paid to participants$1,923,448
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 342 accts · $438K emplr
2023$24.1M · 340 accts · $436K emplr
2022$19.6M · 342 accts · $425K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$268
Investment management$6,633
Audit (IQPA)$19,530
Total administrative$26,431
The Clarus Corporation 401(k) match · 2024
Employer contribution per active participant$1,481
Median for plans this size$2,416
2024$1,481 per active participant
2023$1,455 per active participant
2022$1,311 per active participant

Clarus Corporation's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TANNER LLC · Accounting / audit$19,530
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,633

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$26,431 · 0.10%
2023$7,604 · 0.03%
2022$26,124 · 0.12%
Similar plansManufacturing · Utah
Traeger Pellet Grills, LLC UT$37.2M · 0.41%
Inw Manufacturing, LLC UT$33.7M · 0.35%
Rhodes International, Inc. UT$33.1M · 0.28%
Moxtek, Inc. UT$27.0M · 0.20%
Jain America Holdings, Inc. UT$26.7M · 0.37%
Fetzers' Inc. UT$26.1M · 0.39%
Doppelmayr USA, Inc. UT$26.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581972600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.