Plan Ledger DOL Form 5500 · updated monthly

Clyde Companies, Inc.401(k)

CLYDE COMPANIES, INC. 401(K) RETIREMENT PLAN · OREM, UT · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Clyde Companies, Inc. reported $632,026 in plan administrative expenses for 2024: 0.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,086 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 rose from 0.17% to 0.21%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 20th-largest of 848 plans among Utah employers on file, and the 110th of 786 in management of companies. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$326,281,209
Participants with balances5,014
Active participants3,752
Employer contributions$26,585,360
Employee contributions$17,691,969
Employer contribution per active participant$7,086
Average account balance$65,074
Benefits paid to participants$34,632,724
Plan auditUnmodified (clean) audit opinion
AuditorSQUIRE AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$326.3M · 5,014 accts · $26.6M emplr
2023$280.8M · 5,851 accts · $23.2M emplr
2022$223.4M · 5,224 accts · $21.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,974
Investment management$574,052
Total administrative$632,026
The Clyde Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$7,086
Median for plans this size$4,294
2024$7,086 per active participant
2023$6,882 per active participant
2022$5,928 per active participant

Clyde Companies, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20246
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$111,573
SOLTIS INVESTMENT ADVISORS LLC · Investment management$393,544
MORNINGSTAR INC · Investment management$91,686
SOLTIS INVESTMENT ADVISORS · Investment management$34,922
CHARLES SCHWAB & CO., INC. · Securities brokerage$50
CHARLES SCHWAB TRUST BANK · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$632,026 · 0.21%
2023$263,312 · 0.10%
2022$406,259 · 0.17%
Same employer
Similar plansManagement of Companies · Utah
Savage Enterprises LLC UT$393.1M · 0.17%
Savage Companies UT$345.8M · 0.19%
Pt&C Group LLC UT$22.8M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 870260879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.