Plan Ledger DOL Form 5500 · updated monthly

Kirton McConkie401(k)

KIRTON MCCONKIE RETIREMENT PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Kirton McConkie reported $258,914 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $13,633 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 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 76th-largest of 848 plans among Utah employers on file, and the 1,399th of 11,654 in professional & technical services. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves; active participation has grown from 215 to 297 since 2022.

Plan summary
Net assets, end of year$108,710,840
Participants with balances346
Active participants297
Employer contributions$4,048,943
Employee contributions$3,297,384
Employer contribution per active participant$13,633
Average account balance$314,193
Benefits paid to participants$10,146,691
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$108.7M · 346 accts · $4.0M emplr
2023$100.0M · 321 accts · $3.6M emplr
2022$86.1M · 303 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,050
Investment management$203,179
Audit (IQPA)$9,685
Total administrative$258,914
The Kirton McConkie 401(k) match · 2024
Employer contribution per active participant$13,633
Median for plans this size$3,635
2024$13,633 per active participant
2023$15,482 per active participant
2022$14,733 per active participant

Kirton McConkie's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$36,050
BUCKINGHAM ASSET MANAGEMENT · Investment management$203,179
TANNER LLC · Accounting / audit$19,685

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$258,914 · 0.25%
2023$228,007 · 0.25%
2022$219,797 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Utah
Health Catalyst, Inc. UT$158.7M · 0.14%
Franklin Covey Co. UT$139.5M · 0.12%
Ray Quinney & Nebeker P. C. UT$123.0M · 0.00%
Fabian van Cott UT$107.6M · 0.06%
Bamboo HR LLC UT$93.2M · 0.37%
Lucid Software Inc. UT$88.4M · 0.18%
Henry Schein One, LLC UT$85.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870375296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.