Plan Ledger DOL Form 5500 · updated monthly

Fj Management Inc.401(k)

FJ MANAGEMENT INC. 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Fj Management Inc. reported $827,034 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,769 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 0.30% to 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 24th-largest of 848 plans among Utah employers on file, and the 169th of 4,246 in wholesale trade. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 4,395 to 12,091 since 2022.

Plan summary
Net assets, end of year$278,636,159
Participants with balances15,357
Active participants12,091
Employer contributions$21,384,841
Employee contributions$29,158,008
Employer contribution per active participant$1,769
Average account balance$18,144
Benefits paid to participants$34,505,979
Plan auditUnmodified (clean) audit opinion
AuditorBANGERTER, LUND & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$278.6M · 15,357 accts · $21.4M emplr
2023$166.0M · 8,287 accts · $10.5M emplr
2022$131.0M · 5,347 accts · $8.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$709,186
Investment management$117,848
Total administrative$827,034
The Fj Management Inc. 401(k) match · 2024
Employer contribution per active participant$1,769
Median for plans this size$3,635
2024$1,769 per active participant
2023$1,547 per active participant
2022$1,912 per active participant

Fj Management Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$709,186
ONEDIGITAL INVESTMENT ADVISORS · Consulting$117,848

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$827,034 · 0.37%
2023$446,968 · 0.30%
2022$415,322 · 0.30%
All plans at this employer2
FJ MANAGEMENT INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
FJ MANAGEMENT INC. 401(K) PLAN401(k)
Same employer
Similar plansWholesale Trade · Utah
Tkc Holdings, Inc. MO$281.9M · 0.16%
Envoy Solutions, LLC IL$281.7M · 0.24%
Wagner Equipment Co. CO$279.4M · 0.04%
Resideo Technologies, Inc. AZ$277.1M · 0.11%
Orgill, Inc. TN$275.3M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 941663458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.