Plan Ledger DOL Form 5500 · updated monthly

Plusone Company401(k)

PLUSONE COMPANY 401(K) PLAN · HILDALE, UT · plan year 2024

Reported admin expense ratio · 2024
1.07%

Plusone Company reported $20,287 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 1.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Utah (752nd of 848), and 1,942nd of 2,534 in administrative & support services. active participation has shrunk from 121 to 78 since 2022.

Plan summary
Net assets, end of year$1,980,253
Participants with balances86
Active participants78
Employer contributions—
Employee contributions$41,786
Employer contribution per active participant—
Average account balance$23,026
Benefits paid to participants$173,725
Plan auditUnmodified (clean) audit opinion
AuditorLARSON & COMPANY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 86 accts
2023$1.8M · 86 accts
2022$1.7M · 107 accts · $55K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,668
Investment management$11,619
Total administrative$20,287
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
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$8,668
HOLM & CAWLEY FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$11,619

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$20,287 · 1.07%
2023$19,427 · 1.12%
2022$19,603 · 1.04%
Similar plansAdministrative & Support Services · Utah
Terratron, Inc. UT$2.5M · 0.56%
Fox Marketing, Inc. UT$2.1M · 0.39%
Hawx Services LLC UT$2.1M · 2.10%
E Entities, LLC UT$1.1M · 2.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900529580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.