Plan Ledger DOL Form 5500 · updated monthly

Executech Utah, LLC401(k)

EXECUTECH 401(K) PLAN · SOUTH JORDAN, UT · plan year 2023

Reported admin expense ratio · 2023
0.74%

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

Executech Utah, LLC reported $70,007 in plan administrative expenses for 2023: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,948 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 0.75% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Utah (448th of 848), and 7,862nd of 11,654 in professional & technical services. In 2023, employees put in $2.15 for every $1.00 the employer contributed; active participation has shrunk from 342 to 299 since 2022.

Plan summary
Net assets, end of year$10,439,413
Participants with balances256
Active participants299
Employer contributions$582,420
Employee contributions$1,253,161
Employer contribution per active participant$1,948
Average account balance$40,779
Benefits paid to participants$1,297,159
Plan auditUnmodified (clean) audit opinion
AuditorWSRP
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 261 accts · $521K emplr
2023$10.4M · 256 accts · $582K emplr
2022$8.6M · 283 accts · $611K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,935
Investment management$36,072
Total administrative$70,007
The Executech Utah, LLC 401(k) match · 2023
Employer contribution per active participant$1,948
Median for plans this size$1,308
2024$1,713 per active participant
2023$1,948 per active participant
2022$1,788 per active participant

Executech Utah, LLC's 2023 employer contribution ran above the $1,308 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 · 20232
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$36,072
ADP, INC. · Loan processing · Recordkeeping$33,934

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$75,384 · 0.80%
2023$70,007 · 0.74%
2022$65,480 · 0.75%
Similar plansProfessional & Technical Services · Utah
Infotrax Systems UT$11.6M · 0.21%
Elementum Scm, Inc. UT$11.3M · 0.00%
Dental Intelligence, Inc. UT$10.6M · 0.86%
Consultnet, LLC UT$10.2M · 0.70%
Wsrp, LLC UT$10.0M · 0.61%
Calltower, Inc. UT$9.5M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870679653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.