Plan Ledger DOL Form 5500 · updated monthly

Hb Intermountain Holdings, LLC401(k)

HB INTERMOUNTAIN HOLDINGS, LLC 401(K) PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Hb Intermountain Holdings, LLC reported $70,849 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,323 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 0.42% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 341st-largest of 848 plans among Utah employers on file, and the 1,713th of 5,215 in retail trade. In 2024, employees put in $4.26 for every $1.00 the employer contributed; active participation has grown from 244 to 286 since 2022.

Plan summary
Net assets, end of year$17,018,216
Participants with balances342
Active participants286
Employer contributions$378,271
Employee contributions$1,610,539
Employer contribution per active participant$1,323
Average account balance$49,761
Benefits paid to participants$1,363,071
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 342 accts · $378K emplr
2023$14.3M · 355 accts · $337K emplr
2022$11.0M · 294 accts · $271K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,538
Investment management$35,311
Total administrative$70,849
The Hb Intermountain Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,323
Median for plans this size$2,416
2024$1,323 per active participant
2023$1,227 per active participant
2022$1,112 per active participant

Hb Intermountain Holdings, LLC'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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$35,311

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$70,849 · 0.45%
2023$52,899 · 0.42%
2022$47,280 · 0.42%
Similar plansRetail Trade · Utah
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Mark Miller Subaru, Inc. UT$18.0M · 0.64%
Peak Industrial Inc. UT$17.3M · 0.54%
John H. Firmage, Inc. UT$15.3M · 0.01%
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Wittwer, Inc. UT$13.3M · 0.79%
Audio Enhancement, Inc. UT$12.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 422402549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.