Plan Ledger DOL Form 5500 · updated monthly

Midwest Office Inc.401(k)

MIDWEST OFFICE INC. 401(K) PROFIT SHARING PLAN AND TRUST · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Midwest Office Inc. reported $44,031 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,051 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 0.42% to 0.38%. 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 412th-largest of 848 plans among Utah employers on file, and 2,662nd of 4,246 in wholesale trade. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,130,604
Participants with balances193
Active participants169
Employer contributions$346,579
Employee contributions$777,283
Employer contribution per active participant$2,051
Average account balance$62,853
Benefits paid to participants$1,402,821
Plan auditUnmodified (clean) audit opinion
AuditorSHAW & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 193 accts · $347K emplr
2023$10.9M · 192 accts · $328K emplr
2022$9.5M · 185 accts · $302K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,629
Investment management$8,402
Total administrative$44,031
The Midwest Office Inc. 401(k) match · 2024
Employer contribution per active participant$2,051
Median for plans this size$2,416
2024$2,051 per active participant
2023$1,865 per active participant
2022$1,800 per active participant

Midwest Office Inc.'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$72,556
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$8,402

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$44,031 · 0.38%
2023$40,122 · 0.39%
2022$43,750 · 0.42%
Same employer
Similar plansWholesale Trade · Utah
Lifevantage Corporation UT$14.9M · 0.18%
Maggie Sottero Designs, LLC UT$11.4M · 0.35%
Spandex Holdings Utah, LLC UT$11.3M · 0.55%
Alianza, Inc. UT$10.4M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870264761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.