Plan Ledger DOL Form 5500 · updated monthly

Harmon City, Inc.401(k)

HARMON CITY, INC. 401(K) RETIREMENT SAVINGS PLAN · WEST VALLEY, UT · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Harmon City, Inc. reported $346,296 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $456 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 3 years on file its reported administrative ratio has held roughly steady near 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 85th-largest of 848 plans among Utah employers on file, and the 385th of 5,215 in retail trade. In 2024, employees put in $4.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,827,267
Participants with balances5,526
Active participants4,125
Employer contributions$1,882,997
Employee contributions$8,012,290
Employer contribution per active participant$456
Average account balance$17,703
Benefits paid to participants$7,696,678
Plan auditUnmodified (clean) audit opinion
AuditorSQUIRE AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$97.8M · 5,526 accts · $1.9M emplr
2023$83.5M · 4,143 accts · $2.1M emplr
2022$69.5M · 3,984 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$209,693
Investment management$118,253
Audit (IQPA)$18,350
Total administrative$346,296
The Harmon City, Inc. 401(k) match · 2024
Employer contribution per active participant$456
Median for plans this size$3,635
2024$456 per active participant
2023$556 per active participant
2022$482 per active participant

Harmon City, 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$211,460
SOLTIS INVESTMENT ADVISORS LLC · Investment advisory (plan)$110,037
SQUIRE AND COMPANY · Accounting / audit$18,350
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,216

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$346,296 · 0.38%
2023$306,208 · 0.40%
2022$300,721 · 0.40%
Same employer
Similar plansRetail Trade · Utah
Beyond, Inc. UT$154.3M · 0.09%
Lhm Adm Ben, Inc. UT$128.2M · 0.21%
Lifetime Products, Inc. UT$101.6M · 0.09%
Doterra International LLC UT$83.2M · 0.31%
1-800 Contacts, Inc. UT$73.0M · 0.36%
Transport Equipment Company UT$68.7M · 0.21%
Arnold Machinery Company UT$55.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870230875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.