Plan Ledger DOL Form 5500 · updated monthly

Marketstar Qoz Business LLC401(k)

MARKETSTAR 401(K) PLAN · OGDEN, UT · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Marketstar Qoz Business LLC reported $143,708 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,568 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 2 years on file its reported administrative ratio rose from 0.47% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 218th-largest of 848 plans among Utah employers on file, and the 4,090th of 11,654 in professional & technical services. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has shrunk from 1,374 to 831 since 2022.

Plan summary
Net assets, end of year$30,745,824
Participants with balances792
Active participants831
Employer contributions$1,302,877
Employee contributions$2,495,890
Employer contribution per active participant$1,568
Average account balance$38,820
Benefits paid to participants$4,238,030
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 792 accts · $1.3M emplr
2023$27.1M · 858 accts · $1.8M emplr
2022$20.0M · 853 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,240
Investment management$65,468
Total administrative$143,708
The Marketstar Qoz Business LLC 401(k) match · 2024
Employer contribution per active participant$1,568
Median for plans this size$2,416
2024$1,568 per active participant
2023$2,060 per active participant
2022$1,196 per active participant

Marketstar Qoz Business LLC'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 · 20242
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$65,468

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$143,708 · 0.50%
2023$102,454 · 0.44%
2022$99,039 · 0.47%
Same employer
Similar plansProfessional & Technical Services · Utah
Venafi, Inc. UT$37.3M · 0.60%
Podium Corporation, Inc. UT$34.0M · 0.46%
Tanner LLC UT$31.2M · 0.34%
Ffkr Architects/Planners II UT$30.0M · 0.16%
Sunrise Engineering, Inc. UT$28.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833522848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.