Plan Ledger DOL Form 5500 · updated monthly

First National Health Services, LLC401(k)

FIRST NATIONAL HEALTH SERVICES 401(K) PLAN · TAYLORSVILLE, UT · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

First National Health Services, LLC reported $23,917 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $698 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 0.34% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Utah (697th of 848), and 9,102nd of 11,911 in health care & social assistance. In 2024, employees put in $5.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,211,559
Participants with balances276
Active participants219
Employer contributions$152,823
Employee contributions$794,089
Employer contribution per active participant$698
Average account balance$11,636
Benefits paid to participants$299,876
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history2
Yearassets · accounts · employer contribution
2024$3.2M · 276 accts · $153K emplr
2023$2.1M · 226 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,154
Investment management$5,763
Total administrative$23,917
The First National Health Services, LLC 401(k) match · 2024
Employer contribution per active participant$698
Median for plans this size$1,313

First National Health Services, LLC's 2024 employer contribution ran below 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$18,154
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$5,763

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 history2
2024$23,917 · 0.90%
2023$7,219 · 0.34%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Aspiro Group Inc UT$3.6M · 0.57%
Kids on the Move, Inc UT$3.4M · 0.64%
Ffp Management, LLC UT$3.4M · 0.88%
Blue Mountain Hospital UT$3.0M · 1.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 871955856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.