Plan Ledger DOL Form 5500 · updated monthly

Elementum LTD401(k)

ELEMENTUM RETIREMENT PLAN · SALT LAKE CITY, UT · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Elementum LTD reported $6,589 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,037 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 1 year on file its reported administrative ratio rose from 0.06% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 416th-largest of 848 plans among Utah employers on file, and 7,419th of 11,654 in professional & technical services. In 2023, employees put in $3.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,911,483
Participants with balances160
Active participants40
Employer contributions$161,471
Employee contributions$523,490
Employer contribution per active participant$4,037
Average account balance$74,447
Benefits paid to participants$2,625,035
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.4M · 97 accts · $22K emplr
2023$11.9M · 160 accts · $161K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,589
Total administrative$6,589
The Elementum LTD 401(k) match · 2023
Employer contribution per active participant$4,037
Median for plans this size$2,440
2024$586 per active participant
2023$4,037 per active participant

Elementum LTD's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,589

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

Administrative cost history2
2024$25,455 · 0.24%
2023$6,589 · 0.06%
Similar plansProfessional & Technical Services · Utah
Stova Group, LLC UT$12.5M · 0.48%
Mid-State Consultants UT$12.5M · 0.70%
Caselle, Inc. UT$12.4M · 0.51%
Infotrax Systems UT$11.6M · 0.21%
Elementum Scm, Inc. UT$11.3M · 0.00%
Dental Intelligence, Inc. UT$10.6M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 981200641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.