Plan Ledger DOL Form 5500 · updated monthly

Sierra Forest Products, Inc.401(k)

SIERRA FOREST PRODUCTS, INC 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

Sierra Forest Products, Inc. reported $56,865 in plan administrative expenses for 2025: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,194 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 rose from 0.10% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other wholesale trade employers. By assets it is the 358th-largest of 848 plans among Utah employers on file, and 2,326th of 4,246 in wholesale trade. In 2025, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 213 to 260 since 2022.

Plan summary
Net assets, end of year$15,461,293
Participants with balances251
Active participants260
Employer contributions$570,497
Employee contributions$1,199,232
Employer contribution per active participant$2,194
Average account balance$61,599
Benefits paid to participants$1,806,985
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$15.5M · 251 accts · $570K emplr
2024$13.3M · 274 accts · $558K emplr
2023$10.9M · 285 accts · $534K emplr
2022$8.1M · 263 accts · $402K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$21,462
Investment management$22,903
Audit (IQPA)$12,500
Total administrative$56,865
The Sierra Forest Products, Inc. 401(k) match · 2025
Employer contribution per active participant$2,194
Median for plans this size$2,666
2025$2,194 per active participant
2024$2,693 per active participant
2023$2,472 per active participant
2022$1,889 per active participant

Sierra Forest Products, Inc.'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
WEALTHSPIRE RETIREMENT ADVISORY · Investment advisory (plan)$22,903
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,462
SMA · Accounting / audit$12,500

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$56,865 · 0.40%
2024$37,289 · 0.31%
2023$23,286 · 0.24%
2022$8,732 · 0.10%
Same employer
Similar plansWholesale Trade · Utah
Skullcandy, Inc. UT$20.1M · 0.09%
Hoj Management Co., Inc. UT$18.6M · 0.44%
Lifevantage Corporation UT$14.9M · 0.18%
Midwest Office Inc. UT$12.1M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870538846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.