Plan Ledger DOL Form 5500 · updated monthly

Odyssey House of Utah403(b)

ODYSSEY HOUSE OF UTAH 403(B) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Odyssey House of Utah reported $71,103 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,010 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 1.21% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Utah (521st of 848), and 1,929th of 3,341 in other services. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,589,393
Participants with balances223
Active participants454
Employer contributions$458,395
Employee contributions$756,305
Employer contribution per active participant$1,010
Average account balance$34,033
Benefits paid to participants$1,013,469
Plan auditUnmodified (clean) audit opinion
AuditorSHAW & CO PC DBA BOUNTIFUL PEAK ADV
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 223 accts · $458K emplr
2023$6.6M · 220 accts · $397K emplr
2022$5.0M · 210 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,062
Investment management$9,999
Total administrative$71,103
Employer contributions to the Odyssey House of Utah plan · 2024
Employer contribution per active participant$1,010
Median for plans this size$1,313
2024$1,010 per active participant
2023$904 per active participant
2022$690 per active participant

Odyssey House of Utah's 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$55,879
DWC ERISA CONSULTANTS · Contract administrator · Other services$5,130
GLOBAL RETIREMENT PARTNERS LLC · 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$71,103 · 1.00%
2023$68,381 · 1.18%
2022$54,035 · 1.21%
Similar plansOther Services · Utah
The Elmore Group, LTD. UT$13.6M · 0.91%
Lube Management Corp UT$11.1M · 0.02%
Action Target, Inc. UT$10.8M · 0.70%
Turn Community Services UT$9.7M · 0.66%
Cascade Services, Inc. UT$6.5M · 0.19%
Utah's Promise UT$4.6M · 0.91%
First Step House UT$2.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870292487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.