Plan Ledger DOL Form 5500 · updated monthly

Salt Lake Brewing Co., Lc401(k)

SALT LAKE BREWING CO. , LC 401(K) P/S PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Salt Lake Brewing Co., Lc reported $28,318 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $942 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 0.29% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Utah (642nd of 848), and the 992nd of 2,240 in accommodation & food services. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 292 to 231 since 2022.

Plan summary
Net assets, end of year$4,160,949
Participants with balances117
Active participants231
Employer contributions$217,651
Employee contributions$356,069
Employer contribution per active participant$942
Average account balance$35,564
Benefits paid to participants$210,790
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 117 accts · $218K emplr
2023$3.5M · 149 accts · $229K emplr
2022$2.5M · 148 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,318
Total administrative$28,318
The Salt Lake Brewing Co., Lc 401(k) match · 2024
Employer contribution per active participant$942
Median for plans this size$1,313
2024$942 per active participant
2023$818 per active participant
2022$623 per active participant

Salt Lake Brewing Co., Lc'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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$2,193
UNITED 401(K) PLANS, INC. · Recordkeeping · Loan processing$2,024
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$4,303

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

Recordkeeper by year2
2024Transamerica, UNITED 401(K) PLANS, INC.
2023Ascensus, PAI

This plan has changed recordkeepers within these filings. If you left Salt Lake Brewing Co., Lc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,318 · 0.75%
2023$16,751 · 0.57%
2022$7,239 · 0.29%
Same employer
Similar plansAccommodation & Food Services · Utah
Stein Eriksen Lodge UT$20.8M · 0.52%
Cafe Rio, Inc. UT$16.7M · 0.74%
Peek Travel Inc. UT$6.4M · 0.39%
Mountain West Brands, LLC UT$4.7M · 0.04%
Zullas, Lc UT$3.9M · 1.41%
H.B. Boys L.C. UT$3.5M · 1.42%
Utah Del Inc UT$2.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870518311 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.