Plan Ledger DOL Form 5500 · updated monthly

Frontier Specialty Chemicals Inc401(k)

FRONTIER SPECIALTY CHEMICALS INC 401K PROFIT SHARING PLAN · LOGAN, UT · plan year 2023

Reported admin expense ratio · 2023
0.54%

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

Frontier Specialty Chemicals Inc reported $38,664 in plan administrative expenses for 2023: 0.54% of average plan assets, above the peer median. Employer contributions averaged $2,186 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 0.42% to 0.54%. 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 (529th of 848), and 8,947th of 11,654 in professional & technical services. In 2023, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,306,651
Participants with balances75
Active participants69
Employer contributions$150,803
Employee contributions$361,131
Employer contribution per active participant$2,186
Average account balance$97,422
Benefits paid to participants$1,122,806
Plan auditUnmodified (clean) audit opinion
AuditorJONES SIMKINS, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$7.3M · 75 accts · $151K emplr
2022$7.1M · 100 accts · $240K emplr
The Frontier Specialty Chemicals Inc 401(k) match · 2023
Employer contribution per active participant$2,186
Median for plans this size$1,308
2023$2,186 per active participant
2022$3,578 per active participant

Frontier Specialty Chemicals Inc'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
LINCOLN NATIONAL CORPORATION · Recordkeeping · Other services$34,414
NATIONAL BENEFIT SERVICES, LLC · Recordkeeping · Other services$4,250

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

Administrative cost history2
2023$38,664 · 0.54%
2022$33,497 · 0.42%
Similar plansProfessional & Technical Services · Utah
Qnergy, Inc. UT$8.0M · 0.68%
Driggs, Bills & Day, P.C. UT$7.6M · 0.48%
Payday Benefits, LLC UT$6.9M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854058052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.