Plan Ledger DOL Form 5500 · updated monthly

Ray Quinney & Nebeker P. C.401(k)

RAY QUINNEY & NEBEKER PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Ray Quinney & Nebeker P. C. reported $5,787 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $19,201 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 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 67th-largest of 848 plans among Utah employers on file, and the 1,253rd of 11,654 in professional & technical services. In 2024, the employer put in $1.49 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$122,970,728
Participants with balances201
Active participants162
Employer contributions$3,110,516
Employee contributions$2,081,158
Employer contribution per active participant$19,201
Average account balance$611,795
Benefits paid to participants$13,333,571
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$123.0M · 201 accts · $3.1M emplr
2023$112.4M · 198 accts · $3.0M emplr
2022$111.4M · 192 accts · $2.7M emplr
The Ray Quinney & Nebeker P. C. 401(k) match · 2024
Employer contribution per active participant$19,201
Median for plans this size$3,635
2024$19,201 per active participant
2023$19,132 per active participant
2022$17,327 per active participant

Ray Quinney & Nebeker P. C.'s 2024 employer contribution ran above the $3,635 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 · 20242
WEALTHENHANCEMENTADVISORYSERVLLC · Investment advisory (participants)$12,288
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$5,787 · 0.00%
2023Not separately reported
2022$8,090 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Utah
Health Catalyst, Inc. UT$158.7M · 0.14%
Franklin Covey Co. UT$139.5M · 0.12%
Kirton McConkie UT$108.7M · 0.25%
Fabian van Cott UT$107.6M · 0.06%
Bamboo HR LLC UT$93.2M · 0.37%
Lucid Software Inc. UT$88.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870350651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.