Plan Ledger DOL Form 5500 · updated monthly

Nu Skin Enterprises, Inc.401(k)

RETIRE READY 401(K) PLAN · PROVO, UT · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Nu Skin Enterprises, Inc. reported $237,527 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $3,060 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 0.11% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 30th-largest of 848 plans among Utah employers on file, and the 202nd of 4,246 in wholesale trade. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has shrunk from 1,630 to 1,383 since 2022.

Plan summary
Net assets, end of year$237,223,203
Participants with balances2,194
Active participants1,383
Employer contributions$4,232,464
Employee contributions$10,539,411
Employer contribution per active participant$3,060
Average account balance$108,124
Benefits paid to participants$32,688,880
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$237.2M · 2,194 accts · $4.2M emplr
2023$225.3M · 2,294 accts · $4.2M emplr
2022$198.7M · 2,190 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$237,527
Total administrative$237,527
The Nu Skin Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$3,060
Median for plans this size$3,635
2024$3,060 per active participant
2023$2,530 per active participant
2022$2,725 per active participant

Nu Skin Enterprises, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$237,527
RESOURCES INVESTMENT ADVISORS INC · Investment advisory (plan)indirect comp

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$237,527 · 0.10%
2023$211,055 · 0.10%
2022$237,637 · 0.11%
Similar plansWholesale Trade · Utah
Fj Management Inc. UT$278.6M · 0.37%
Martignetti Companies, LLC MA$240.5M · 0.15%
Dorman Products, Inc. PA$239.3M · 0.20%
Iconectiv, LLC NJ$239.2M · 0.03%
Skechers USA, Inc. CA$237.0M · 0.01%
Merz, Incorporated NC$237.0M · 0.07%
Quinn Group, Inc. CA$235.7M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870565309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.