Plan Ledger DOL Form 5500 · updated monthly

Haynie & Company401(k)

HAYNIE & CO. 401(K) PLAN · WEST VALLEY, UT · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Haynie & Company reported $190,267 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,517 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 0.62% to 0.84%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 253rd-largest of 848 plans among Utah employers on file, and the 4,781st of 11,654 in professional & technical services. In 2024, employees put in $4.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,836,306
Participants with balances415
Active participants364
Employer contributions$552,127
Employee contributions$2,588,124
Employer contribution per active participant$1,517
Average account balance$59,847
Benefits paid to participants$1,775,867
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 415 accts · $552K emplr
2023$20.5M · 416 accts · $593K emplr
2022$15.9M · 370 accts · $514K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,910
Investment management$70,207
Audit (IQPA)$12,000
Total administrative$190,267
The Haynie & Company 401(k) match · 2024
Employer contribution per active participant$1,517
Median for plans this size$2,416
2024$1,517 per active participant
2023$1,693 per active participant
2022$1,544 per active participant

Haynie & Company'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 · 20245
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$55,659
EMPOWER ADVISORY GROUP, LLC · Investment management$14,548
CBIZ ACCOUNTING TAX & ADVISORY OF W · Accounting / audit · Contract administrator$12,000
OLD REPUBLIC SURETY COMPANY$150

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$190,267 · 0.84%
2023$110,710 · 0.61%
2022$104,238 · 0.62%
Same employer
Similar plansProfessional & Technical Services · Utah
Klas Enterprises, LLC UT$26.2M · 0.45%
Rainfocus, LLC UT$25.2M · 0.11%
Novacoast, Inc. UT$24.9M · 0.21%
Architectural Nexus, Inc. UT$21.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870325228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.