Plan Ledger DOL Form 5500 · updated monthly

D & a McRae, Inc.401(k)

D & A MCRAE, INC. 401(K) PLAN · SIGURD, UT · plan year 2024

Reported admin expense ratio · 2024
1.05%

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

D & a McRae, Inc. reported $37,656 in plan administrative expenses for 2024: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,703 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 3 years on file its reported administrative ratio has held roughly steady near 1.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Utah (658th of 848), and 1,800th of 2,677 in transportation & warehousing. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 119 to 136 since 2022.

Plan summary
Net assets, end of year$3,863,376
Participants with balances158
Active participants136
Employer contributions$231,665
Employee contributions$444,568
Employer contribution per active participant$1,703
Average account balance$24,452
Benefits paid to participants$475,504
Plan auditUnmodified (clean) audit opinion
AuditorVELEZ & HARDY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 158 accts · $232K emplr
2023$3.3M · 133 accts · $252K emplr
2022$2.7M · 110 accts · $173K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,544
Investment management$17,112
Total administrative$37,656
The D & a McRae, Inc. 401(k) match · 2024
Employer contribution per active participant$1,703
Median for plans this size$1,313
2024$1,703 per active participant
2023$1,891 per active participant
2022$1,456 per active participant

D & a McRae, Inc.'s 2024 employer contribution ran above the $1,313 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$13,799
EMPOWER ADVISORY GROUP, LLC · Investment management$3,313

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$37,656 · 1.05%
2023$31,555 · 1.06%
2022$30,372 · 1.06%
Same employer
Similar plansTransportation & Warehousing · Utah
Utah Tank & Trailer, LLC UT$4.0M · 0.48%
Brady Trucking Inc UT$3.4M · 0.75%
Global Access, LLC UT$3.4M · 0.84%
Alpha Transport, Inc. UT$3.1M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263454962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.