Plan Ledger DOL Form 5500 · updated monthly

O.C. Tanner Company401(k)

O.C. TANNER RETIREMENT & SAVINGS PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

O.C. Tanner Company reported $386,120 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $9,241 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 rose from 0.09% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 15th-largest of 848 plans among Utah employers on file, and the 765th of 13,661 in manufacturing. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$345,854,005
Participants with balances1,879
Active participants1,267
Employer contributions$11,708,370
Employee contributions$11,911,625
Employer contribution per active participant$9,241
Average account balance$184,063
Benefits paid to participants$44,341,263
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$345.9M · 1,879 accts · $11.7M emplr
2023$328.2M · 1,954 accts · $11.0M emplr
2022$304.2M · 1,977 accts · $9.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$213,483
Investment management$156,207
Audit (IQPA)$16,430
Total administrative$386,120
The O.C. Tanner Company 401(k) match · 2024
Employer contribution per active participant$9,241
Median for plans this size$4,294
2024$9,241 per active participant
2023$8,992 per active participant
2022$8,285 per active participant

O.C. Tanner Company's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$213,483
ONE DIGITAL TOPCO LLC DBA RESOURCES · Investment advisory (plan)$85,471
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$54,346
TANNER LLC · Accounting / audit$16,430
O C TANNER COMPANY · Investment advisory (plan)$16,390

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$386,120 · 0.11%
2023$274,005 · 0.09%
2022$318,660 · 0.09%
Same employer
Similar plansManufacturing · Utah
Autoliv Asp, Inc UT$686.8M · 0.12%
Dyno Nobel Inc. UT$350.3M · 0.09%
Swire Pacific Holdings Inc. UT$341.4M · 0.19%
Merit Medical Systems, Inc. UT$251.4M · 0.09%
Reh Services LLC UT$186.4M · 0.08%
Varex Imaging Corporation UT$163.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870182665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.