Plan Ledger DOL Form 5500 · updated monthly

Educators Health Plans Life, Accident and Health, Inc.401(k)

EDUCATORS HEALTH PLANS LIFE 401(K) PLAN · MURRAY, UT · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Educators Health Plans Life, Accident and Health, Inc. reported $52,072 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,848 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 0.63% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Utah (581st of 848), and 4,394th of 4,798 in finance & insurance. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,735,867
Participants with balances165
Active participants210
Employer contributions$388,044
Employee contributions$533,962
Employer contribution per active participant$1,848
Average account balance$34,763
Benefits paid to participants$529,000
Plan auditUnmodified (clean) audit opinion
AuditorLARSON & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 165 accts · $388K emplr
2023$4.7M · 159 accts · $341K emplr
2022$3.5M · 141 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,072
Total administrative$52,072
The Educators Health Plans Life, Accident and Health, Inc. 401(k) match · 2024
Employer contribution per active participant$1,848
Median for plans this size$1,313
2024$1,848 per active participant
2023$1,671 per active participant
2022$1,652 per active participant

Educators Health Plans Life, Accident and Health, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$52,071
GLOBAL RETIREMENT PARTNERS LLC · 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$52,072 · 1.00%
2023$33,381 · 0.81%
2022$23,137 · 0.63%
Similar plansFinance & Insurance · Utah
Nav Technologies, Inc. UT$9.5M · 0.79%
Foursight Capital, LLC UT$9.2M · 0.65%
Capital Community Bank UT$8.0M · 0.57%
Atomic Fi Inc UT$3.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204023720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.