Metasource, LLC401(k)
METASOURCE, LLC 401(K) PLAN · DRAPER, UT · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Metasource, LLC reported $112,001 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $127 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 0.82% to 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 356th-largest of 848 plans among Utah employers on file, and 1,165th of 2,199 in information & media. In 2024, employees put in $15.41 for every $1.00 the employer contributed; active participation has grown from 601 to 668 since 2022.
Metasource, LLC's 2024 employer contribution ran below the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 260771758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.