Plan Ledger DOL Form 5500 · updated monthly

Maggie Sottero Designs, LLC401(k)

MAGGIE SOTTERO DESIGNS, LLC RETIREMENT PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Maggie Sottero Designs, LLC reported $38,998 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $7,406 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 1 year on file its reported administrative ratio rose from 0.31% to 0.35%. 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 among the smaller plans on file in Utah (425th of 848), and 2,742nd of 4,246 in wholesale trade. In 2024, the employer put in $1.68 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,356,694
Participants with balances87
Active participants90
Employer contributions$666,513
Employee contributions$395,868
Employer contribution per active participant$7,406
Average account balance$130,537
Benefits paid to participants$1,480,891
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$11.4M · 87 accts · $667K emplr
2023$10.8M · 119 accts · $578K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,998
Total administrative$38,998
The Maggie Sottero Designs, LLC 401(k) match · 2024
Employer contribution per active participant$7,406
Median for plans this size$2,416
2024$7,406 per active participant
2023$6,419 per active participant

Maggie Sottero Designs, LLC's 2024 employer contribution ran above the $2,416 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 · 20244
NATIONAL BENEFIT SERVICES LLC · Contract administrator$2,957
EMPOWER ADVISORY GROUP LLC · Investment management$2,577

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

Administrative cost history2
2024$38,998 · 0.35%
2023$31,008 · 0.31%
Similar plansWholesale Trade · Utah
Lifevantage Corporation UT$14.9M · 0.18%
Midwest Office Inc. UT$12.1M · 0.38%
Spandex Holdings Utah, LLC UT$11.3M · 0.55%
Alianza, Inc. UT$10.4M · 0.27%
Group Rossignol USA, Inc. UT$10.0M · 0.01%
American Crafts, LLC UT$8.6M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841372968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.