Plan Ledger DOL Form 5500 · updated monthly

Melaleuca, Inc.401(k)

MELALEUCA, INC. 401(K) SAVINGS PLAN AND TRUST · IDAHO FALLS, ID · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Melaleuca, Inc. reported $307,327 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $890 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 0.26% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 19th-largest of 349 plans among Idaho employers on file, and the 285th of 5,215 in retail trade. In 2024, employees put in $4.20 for every $1.00 the employer contributed; active participation has grown from 2,169 to 2,391 since 2022.

Plan summary
Net assets, end of year$139,808,245
Participants with balances2,820
Active participants2,391
Employer contributions$2,129,089
Employee contributions$8,950,324
Employer contribution per active participant$890
Average account balance$49,577
Benefits paid to participants$8,741,745
Plan auditUnmodified (clean) audit opinion
AuditorRUDD & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$139.8M · 2,820 accts · $2.1M emplr
2023$120.4M · 2,750 accts · $1.9M emplr
2022$101.0M · 2,643 accts · $4K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$237,327
Investment management$70,000
Total administrative$307,327
The Melaleuca, Inc. 401(k) match · 2024
Employer contribution per active participant$890
Median for plans this size$3,635
2024$890 per active participant
2023$831 per active participant
2022$2 per active participant

Melaleuca, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$237,327
CREATIVE PLANNING LLC · Investment advisory (plan)$70,000

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$307,327 · 0.24%
2023$276,188 · 0.25%
2022$282,117 · 0.26%
Same employer
Similar plansRetail Trade · Idaho
Winco Holdings, Inc. ID$5.0B · 0.00%
Norco, Inc. ID$196.2M
The Terteling Company, Inc. ID$183.2M · 0.18%
Scentsy, Inc. ID$75.8M · 0.29%
Jacksons Food Stores, Inc. ID$50.7M · 0.32%
Parker Motors, Inc. ID$43.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820399405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.