Plan Ledger DOL Form 5500 · updated monthly

Hoj Management Co., Inc.401(k)

HOJ MANAGEMENT CO., INC. 401(K) PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Hoj Management Co., Inc. reported $75,018 in plan administrative expenses for 2023: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,089 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 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 318th-largest of 848 plans among Utah employers on file, and the 2,009th of 4,246 in wholesale trade. In 2023, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,634,492
Participants with balances209
Active participants190
Employer contributions$396,978
Employee contributions$1,073,415
Employer contribution per active participant$2,089
Average account balance$89,160
Benefits paid to participants$1,656,662
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 166 accts · $404K emplr
2023$18.6M · 209 accts · $397K emplr
2022$15.8M · 211 accts · $352K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$75,018
Total administrative$75,018
The Hoj Management Co., Inc. 401(k) match · 2023
Employer contribution per active participant$2,089
Median for plans this size$2,440
2024$2,124 per active participant
2023$2,089 per active participant
2022$1,710 per active participant

Hoj Management Co., Inc.'s 2023 employer contribution ran below the $2,440 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 · 20233
NATIONWIDE · Recordkeeping$36,760
NATIONAL BENEFIT SERVICES LLC · Contract administrator · Recordkeeping$3,675
TINGEY ADVISORS INC · Investment advisory (participants) · Investment advisory (plan)$34,585

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

Recordkeeper by year2
2024NATIONAL BENEFIT SERVICES LLC, Nationwide
2023NATIONAL BENEFIT SERVICES LLC, Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$35,974 · 0.19%
2023$75,018 · 0.44%
2022$34,680 · 0.20%
Same employer
Similar plansWholesale Trade · Utah
Big West Oil Company, LLC UT$21.5M · 0.16%
Unicity International, Inc. UT$20.6M · 0.09%
Skullcandy, Inc. UT$20.1M · 0.09%
Lifevantage Corporation UT$14.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822027797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.