Plan Ledger DOL Form 5500 · updated monthly

Intermountain Nutrition LLC401(k)

INTERMOUNTAIN NUTRITION LLC RETIREMENT PLAN · PAYSON, UT · plan year 2024

Reported admin expense ratio · 2024
2.76%

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

Intermountain Nutrition LLC reported $22,552 in plan administrative expenses for 2024: 2.76% of average plan assets, higher than ~75% of peers. Employer contributions averaged $419 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 4 years on file its reported administrative ratio rose from 1.00% to 2.76%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Utah (799th of 848), and 13,275th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$987,210
Participants with balances270
Active participants326
Employer contributions$136,487
Employee contributions$250,851
Employer contribution per active participant$419
Average account balance$3,656
Benefits paid to participants$120,827
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history4
Yearassets · accounts · employer contribution
2024$987K · 270 accts · $136K emplr
2023$646K · 303 accts · $100K emplr
2022$468K · 51 accts · $88K emplr
2020$159K · 18 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,801
Investment management$4,751
Total administrative$22,552
The Intermountain Nutrition LLC 401(k) match · 2024
Employer contribution per active participant$419
Median for plans this size$540
2024$419 per active participant
2023$457 per active participant
2022$307 per active participant

Intermountain Nutrition LLC's 2024 employer contribution ran below the $540 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
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$16,253
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$1,548
RAYMOND JAMES FINANCIAL · Investment advisory (plan)$4,751

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, RETIREMENT PLAN CONSULTANTS LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Intermountain Nutrition LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2024$22,552 · 2.76%
2023$13,563 · 2.44%
2022$2,140 · 0.58%
2020$1,127 · 1.00%
Same employer
Similar plansManufacturing · Utah
Lower Foods, Inc. UT$1.6M · 0.06%
Ezarc Inc. UT$1.4M · 0.70%
Blue Chip Group, Inc. UT$1.1M · 0.57%
Rustica Hardware UT$263K · 1.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462224436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.