Plan Ledger DOL Form 5500 · updated monthly

Lifevantage Corporation401(k)

LIFEVANTAGE 401(K) PLAN · LEHI, UT · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Lifevantage Corporation reported $24,660 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,410 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 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 368th-largest of 848 plans among Utah employers on file, and 2,373rd of 4,246 in wholesale trade. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,934,063
Participants with balances257
Active participants173
Employer contributions$416,970
Employee contributions$1,016,256
Employer contribution per active participant$2,410
Average account balance$58,109
Benefits paid to participants$1,306,712
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 257 accts · $417K emplr
2023$12.9M · 223 accts · $408K emplr
2022$9.9M · 230 accts · $422K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,805
Investment management$2,855
Total administrative$24,660
The Lifevantage Corporation 401(k) match · 2024
Employer contribution per active participant$2,410
Median for plans this size$2,416
2024$2,410 per active participant
2023$2,371 per active participant
2022$2,271 per active participant

Lifevantage Corporation'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,805

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$24,660 · 0.18%
2023$20,470 · 0.18%
2022$18,144 · 0.17%
Same employer
Similar plansWholesale Trade · Utah
Hoj Management Co., Inc. UT$18.6M · 0.44%
Midwest Office Inc. UT$12.1M · 0.38%
Maggie Sottero Designs, LLC UT$11.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900224471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.