Plan Ledger DOL Form 5500 · updated monthly

Salt Lake Community Action Program401(k)

SALT LAKE COMMUNITY ACTION PROGRAM 401(K) PLAN · SALT LAKE CITY, UT · plan year 2025

Reported admin expense ratio · 2025
0.40%

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

Salt Lake Community Action Program reported $82,319 in plan administrative expenses for 2025: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,170 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 3 years on file its reported administrative ratio fell from 0.59% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 282nd-largest of 848 plans among Utah employers on file, and the 3,451st of 11,911 in health care & social assistance. In 2025, employees put in $1.36 for every $1.00 the employer contributed; active participation has shrunk from 569 to 479 since 2022.

Plan summary
Net assets, end of year$21,931,376
Participants with balances633
Active participants479
Employer contributions$1,039,265
Employee contributions$1,414,699
Employer contribution per active participant$2,170
Average account balance$34,647
Benefits paid to participants$2,556,628
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLP
Plan history4
Yearassets · accounts · employer contribution
2025$21.9M · 633 accts · $1.0M emplr
2024$19.0M · 667 accts · $872K emplr
2023$16.7M · 756 accts · $1.3M emplr
2022$13.6M · 744 accts · $565K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$82,319
Total administrative$82,319
The Salt Lake Community Action Program 401(k) match · 2025
Employer contribution per active participant$2,170
Median for plans this size$2,666
2025$2,170 per active participant
2024$1,747 per active participant
2023$2,137 per active participant
2022$994 per active participant

Salt Lake Community Action Program's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$82,318
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$82,319 · 0.40%
2024$79,153 · 0.44%
2023$82,042 · 0.54%
2022$88,311 · 0.59%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Independence Rehab, LLC UT$22.7M · 1.32%
Nomi Health Inc. UT$22.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870269683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.