Plan Ledger DOL Form 5500 · updated monthly

Securitymetrics Inc401(k)

SECURITYMETRICS INC 401(K) PLAN · OREM, UT · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Securitymetrics Inc reported $54,464 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,658 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 0.32% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 343rd-largest of 848 plans among Utah employers on file, and 6,161st of 11,654 in professional & technical services. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,899,809
Participants with balances194
Active participants226
Employer contributions$600,668
Employee contributions$1,157,801
Employer contribution per active participant$2,658
Average account balance$87,112
Benefits paid to participants$1,323,447
Plan auditDisclaimer of opinion
AuditorGILBERT & STEWART
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 194 accts · $601K emplr
2023$14.7M · 189 accts · $560K emplr
2022$12.3M · 183 accts · $524K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,948
Investment management$35,516
Total administrative$54,464
The Securitymetrics Inc 401(k) match · 2024
Employer contribution per active participant$2,658
Median for plans this size$2,416
2024$2,658 per active participant
2023$2,445 per active participant
2022$2,384 per active participant

Securitymetrics Inc's 2024 employer contribution ran above the $2,416 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 · 20242
DWC ERISA CONSULTANTS, LLC · Recordkeeping · Loan processing$7,870
THE PROFESSIONAL FINANCIAL COMPANY · Investment advisory (plan)$35,516

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

Recordkeeper by year2
2024DWC ERISA CONSULTANTS, LLC
2023DWC ERISA CONSULTANTS, LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Securitymetrics 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 history3
2024$54,464 · 0.34%
2023$37,540 · 0.28%
2022$41,865 · 0.32%
Same employer
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Asahi Refining USA, Inc. UT$16.2M · 0.39%
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Source: U.S. Department of Labor, Form 5500 series, EIN 870670276 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.