Plan Ledger DOL Form 5500 · updated monthly

Scientia Vascular Inc401(k)

SCIENTIA VASCULAR 401(K) PLAN · WEST VALLEY CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Scientia Vascular Inc reported $34,156 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,965 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 1 year on file its reported administrative ratio rose from 0.24% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Utah (528th of 848), and 9,990th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,332,895
Participants with balances180
Active participants254
Employer contributions$753,049
Employee contributions$1,542,840
Employer contribution per active participant$2,965
Average account balance$40,738
Benefits paid to participants$565,635
Plan auditUnmodified (clean) audit opinion
AuditorVELEZ & HARDY, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$7.3M · 180 accts · $753K emplr
2023$4.5M · 176 accts · $592K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,301
Investment management$22,855
Total administrative$34,156
The Scientia Vascular Inc 401(k) match · 2024
Employer contribution per active participant$2,965
Median for plans this size$1,313
2024$2,965 per active participant
2023$3,796 per active participant

Scientia Vascular Inc's 2024 employer contribution ran above the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$11,301
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$22,855

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
2023ADP, Transamerica

This plan has changed recordkeepers within these filings. If you left Scientia Vascular Inc 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 history2
2024$34,156 · 0.58%
2023$7,713 · 0.24%
Same employer
Similar plansManufacturing · Utah
Imsar LLC UT$8.6M · 0.34%
Alfwear, Inc. UT$8.4M · 0.65%
Casper's Ice Cream, LLC UT$8.3M · 0.96%
Enve Composites, LLC UT$7.2M · 0.00%
Coughlin Company UT$6.7M · 0.73%
Great Basin Industrial UT$6.7M · 1.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873060535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.