Plan Ledger DOL Form 5500 · updated monthly

Donorconnect403(b)

DONORCONNECT 403(B) RETIREMENT PLAN · MURRAY, UT · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Donorconnect reported $65,676 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,320 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 0.51% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 364th-largest of 848 plans among Utah employers on file, and the 4,496th of 11,911 in health care & social assistance. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 139 to 194 since 2022.

Plan summary
Net assets, end of year$14,987,656
Participants with balances163
Active participants194
Employer contributions$838,067
Employee contributions$887,196
Employer contribution per active participant$4,320
Average account balance$91,949
Benefits paid to participants$503,342
Plan auditUnmodified (clean) audit opinion
AuditorMETZ CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 163 accts · $838K emplr
2023$12.3M · 147 accts · $599K emplr
2022$12.0M · 118 accts · $506K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,334
Investment management$27,342
Total administrative$65,676
Employer contributions to the Donorconnect plan · 2024
Employer contribution per active participant$4,320
Median for plans this size$2,416
2024$4,320 per active participant
2023$3,841 per active participant
2022$3,641 per active participant

Donorconnect'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$38,334
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$23,214

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$65,676 · 0.48%
2023$64,667 · 0.53%
2022$64,531 · 0.51%
Similar plansHealth Care & Social Assistance · Utah
Premier Family Medical, LLC UT$18.2M · 0.26%
Gold Cross Services Inc. UT$15.0M · 0.49%
Brighton G&B Holdings Inc. UT$13.7M · 0.80%
Utah Youth Village, Inc. UT$13.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870447660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.