Plan Ledger DOL Form 5500 · updated monthly

Spandex Holdings Utah, LLC401(k)

FISHER GROUP DE, LLC EMPLOYEES 401(K) SAVINGS PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Spandex Holdings Utah, LLC reported $59,384 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,608 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 0.51% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Utah (427th of 848), and 2,744th of 4,246 in wholesale trade. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has shrunk from 136 to 119 since 2022.

Plan summary
Net assets, end of year$11,343,320
Participants with balances141
Active participants119
Employer contributions$191,378
Employee contributions$521,574
Employer contribution per active participant$1,608
Average account balance$80,449
Benefits paid to participants$814,699
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 141 accts · $191K emplr
2023$10.2M · 152 accts · $194K emplr
2022$9.4M · 158 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,384
Total administrative$59,384
The Spandex Holdings Utah, LLC 401(k) match · 2024
Employer contribution per active participant$1,608
Median for plans this size$2,416
2024$1,608 per active participant
2023$1,456 per active participant
2022$1,408 per active participant

Spandex Holdings Utah, LLC's 2024 employer contribution ran below the $2,416 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$59,384
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$59,384 · 0.55%
2023$51,528 · 0.53%
2022$51,559 · 0.51%
Same employer
Similar plansWholesale Trade · Utah
Midwest Office Inc. UT$12.1M · 0.38%
Maggie Sottero Designs, LLC UT$11.4M · 0.35%
Alianza, Inc. UT$10.4M · 0.27%
Group Rossignol USA, Inc. UT$10.0M · 0.01%
American Crafts, LLC UT$8.6M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260622293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.