Plan Ledger DOL Form 5500 · updated monthly

Eluma, LLC401(k)

ELUMA 401(K) PLAN · LEHI, UT · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Eluma, LLC reported $12,492 in plan administrative expenses for 2023: 0.71% of average plan assets, above the peer median. Employer contributions averaged $4,018 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 0.51% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Utah (738th of 848), and 9,931st of 11,911 in health care & social assistance. In 2023, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,140,482
Participants with balances78
Active participants52
Employer contributions$208,924
Employee contributions$354,613
Employer contribution per active participant$4,018
Average account balance$27,442
Benefits paid to participants$232,476
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT MILLER CPA & ASSOCIATES INC.
Plan history2
Yearassets · accounts · employer contribution
2023$2.1M · 78 accts · $209K emplr
2022$1.4M · 105 accts · $208K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,007
Investment management$5,485
Total administrative$12,492
The Eluma, LLC 401(k) match · 2023
Employer contribution per active participant$4,018
Median for plans this size$1,308
2023$4,018 per active participant
2022$3,246 per active participant

Eluma, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,007
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$5,485

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

Administrative cost history2
2023$12,492 · 0.71%
2022$6,250 · 0.51%
Similar plansHealth Care & Social Assistance · Utah
Wellquest Living, LLC UT$2.2M · 0.31%
Cpf Recovery Ways, LLC UT$1.7M · 1.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453162889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.