Plan Ledger DOL Form 5500 · updated monthly

Foothill Clinic, LLC401(k)

FOOTHILL CLINIC, LLC 401(K) RETIREMENT PLAN · SALT LAKE CITY, UT · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Foothill Clinic, LLC reported $2,398 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,470 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 fell from 0.005% to 0.004%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 202nd-largest of 848 plans among Utah employers on file, and the 2,481st of 11,911 in health care & social assistance. In 2023, the employer put in $1.53 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$34,653,524
Participants with balances15
Active participants153
Employer contributions$836,916
Employee contributions$547,957
Employer contribution per active participant$5,470
Average account balance$2,310,235
Benefits paid to participants$1,582,883
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 273 accts · $1.1M emplr
2023$34.7M · 15 accts · $837K emplr
2022$30.1M · 225 accts · $948K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,398
Total administrative$2,398
The Foothill Clinic, LLC 401(k) match · 2023
Employer contribution per active participant$5,470
Median for plans this size$2,440
2024$5,042 per active participant
2023$5,470 per active participant
2022$6,448 per active participant

Foothill Clinic, LLC's 2023 employer contribution ran above the $2,440 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 · 20231
JOHN HANCOCK USA · Recordkeepingindirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$1,311 · 0.00%
2023$2,398 · 0.01%
2022$1,538 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Bristol Hospice UT$49.2M · 0.45%
Avalon Health Care, Inc. UT$34.4M · 1.62%
Eduro Healthcare, LLC UT$27.9M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841411398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.