Plan Ledger DOL Form 5500 · updated monthly

Mark Miller Holdings, LLC dba Mark Miller Toyota401(k)

MARK MILLER HOLDINGS, LLC DBA MARK MILLER TOYOTA 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Mark Miller Holdings, LLC dba Mark Miller Toyota reported $82,956 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,317 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 0.52%. 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 332nd-largest of 848 plans among Utah employers on file, and the 2,114th of 4,246 in wholesale trade. In 2024, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,525,303
Participants with balances221
Active participants162
Employer contributions$375,301
Employee contributions$1,283,604
Employer contribution per active participant$2,317
Average account balance$79,300
Benefits paid to participants$521,535
Plan auditUnmodified (clean) audit opinion
AuditorVALENTINE & CALDWELL CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 221 accts · $375K emplr
2023$14.5M · 216 accts · $366K emplr
2022$11.8M · 217 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,500
Investment management$6,456
Total administrative$82,956
The Mark Miller Holdings, LLC dba Mark Miller Toyota 401(k) match · 2024
Employer contribution per active participant$2,317
Median for plans this size$2,416
2024$2,317 per active participant
2023$2,440 per active participant
2022$2,022 per active participant

Mark Miller Holdings, LLC dba Mark Miller Toyota'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$6,456
KESTRA INVESTMENT SERVICES LLCindirect comp

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$82,956 · 0.52%
2023$67,580 · 0.51%
2022$64,209 · 0.51%
Same employer
Similar plansWholesale Trade · Utah
Unicity International, Inc. UT$20.6M · 0.09%
Skullcandy, Inc. UT$20.1M · 0.09%
Hoj Management Co., Inc. UT$18.6M · 0.44%
Lifevantage Corporation UT$14.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202210221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.