Plan Ledger DOL Form 5500 · updated monthly

Safe Streets USA LLC401(k)

SAFE STREETS USA LLC 401(K) & PROFIT SHARING PLAN · LEHI, UT · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Safe Streets USA LLC reported $97,257 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $564 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 0.74% to 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 367th-largest of 848 plans among Utah employers on file, and the 765th of 2,534 in administrative & support services. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 702 to 1,345 since 2022.

Plan summary
Net assets, end of year$14,946,468
Participants with balances294
Active participants1,345
Employer contributions$758,152
Employee contributions$1,503,696
Employer contribution per active participant$564
Average account balance$50,838
Benefits paid to participants$2,195,604
Plan auditUnmodified (clean) audit opinion
AuditorSQUIRE & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 294 accts · $758K emplr
2023$13.0M · 258 accts · $732K emplr
2022$12.1M · 258 accts · $755K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,150
Investment management$57,107
Total administrative$97,257
The Safe Streets USA LLC 401(k) match · 2024
Employer contribution per active participant$564
Median for plans this size$2,416
2024$564 per active participant
2023$937 per active participant
2022$1,076 per active participant

Safe Streets USA LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$57,107
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,150

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$97,257 · 0.70%
2023$81,960 · 0.65%
2022$94,375 · 0.74%
Same employer
Similar plansAdministrative & Support Services · Utah
Credit.com Holdings, LLC UT$28.4M · 0.30%
Pgx Holdings, Inc. UT$28.3M · 0.41%
Ace Disposal, Inc. UT$26.3M · 0.30%
Clearlink Technologies, LLC UT$24.6M · 0.46%
Aptive Environmental, LLC UT$14.4M · 0.66%
Peg Companies, Inc. UT$11.3M · 0.71%
Solution Services, Inc. UT$9.0M · 0.28%
Pro Alliance, LLC UT$6.5M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 274001370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.