Plan Ledger DOL Form 5500 · updated monthly

Mastercontrol Solutions, Inc.401(k)

MASTERCONTROL 401(K) SAVINGS PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Mastercontrol Solutions, Inc. reported $128,504 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,525 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 fell from 0.46% to 0.22%. 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 126th-largest of 848 plans among Utah employers on file, and the 2,236th of 11,654 in professional & technical services. In 2024, employees put in $4.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,704,246
Participants with balances789
Active participants639
Employer contributions$1,613,339
Employee contributions$7,766,278
Employer contribution per active participant$2,525
Average account balance$80,740
Benefits paid to participants$4,950,584
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.7M · 789 accts · $1.6M emplr
2023$50.6M · 787 accts · $1.6M emplr
2022$37.1M · 775 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,637
Investment management$61,867
Total administrative$128,504
The Mastercontrol Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,525
Median for plans this size$3,635
2024$2,525 per active participant
2023$2,513 per active participant
2022$1,853 per active participant

Mastercontrol Solutions, Inc.'s 2024 employer contribution ran below the $3,635 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
ADP, INC. · Loan processing · Recordkeeping$66,637
LPL FINANCIAL CORPORATION RPCP · Recordkeeping · Trustee$61,867
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP, LPL Financial

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

Administrative cost history3
2024$128,504 · 0.22%
2023$159,211 · 0.36%
2022$169,307 · 0.46%
Same employer
Similar plansProfessional & Technical Services · Utah
Goengineer, Inc. UT$85.1M · 0.34%
Digicert Inc UT$85.0M · 0.23%
Workman Nydegger, P.C. UT$74.1M · 0.02%
Horrocks Engineers, Inc. UT$72.9M · 0.39%
Inmoment, Inc. UT$62.3M · 0.27%
Entrata, Inc. UT$60.9M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 870662434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.