Plan Ledger DOL Form 5500 · updated monthly

Podium Corporation, Inc.Profit-sharing plan

PODIUM 401(K) PLAN · LEHI, UT · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Podium Corporation, Inc. reported $146,294 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,865 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 0.43% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 204th-largest of 848 plans among Utah employers on file, and the 3,785th of 11,654 in professional & technical services. In 2024, employees put in $4.50 for every $1.00 the employer contributed; active participation has shrunk from 799 to 591 since 2022.

Plan summary
Net assets, end of year$33,986,180
Participants with balances939
Active participants591
Employer contributions$1,102,345
Employee contributions$4,962,065
Employer contribution per active participant$1,865
Average account balance$36,194
Benefits paid to participants$6,048,424
Plan auditUnmodified (clean) audit opinion
AuditorTANNER
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 939 accts · $1.1M emplr
2023$29.2M · 1,303 accts · $194K emplr
2022$24.1M · 1,183 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,294
Total administrative$146,294
Employer contributions to the Podium Corporation, Inc. plan · 2024
Employer contribution per active participant$1,865
Median for plans this size$2,416
2024$1,865 per active participant
2023$328 per active participant
2022$3,141 per active participant

Podium Corporation, 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$53,714
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$14,342

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$146,294 · 0.46%
2023$140,818 · 0.53%
2022$96,944 · 0.43%
Same employer
Similar plansProfessional & Technical Services · Utah
Weave Communications, Inc. UT$38.8M · 0.36%
Degreed, Inc. UT$37.3M · 0.36%
Venafi, Inc. UT$37.3M · 0.60%
Tanner LLC UT$31.2M · 0.34%
Marketstar Qoz Business LLC UT$30.7M · 0.50%
Ffkr Architects/Planners II UT$30.0M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 471369982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.