Plan Ledger DOL Form 5500 · updated monthly

Suncrest Health Services LLC401(k)

SUNCREST HEALTH SERVICES LLC 401(K) PLAN · SANDY, UT · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Suncrest Health Services LLC reported $149,612 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,364 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 has held roughly steady near 0.765%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 271st-largest of 848 plans among Utah employers on file, and the 3,348th of 11,911 in health care & social assistance. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has shrunk from 1,415 to 741 since 2022.

Plan summary
Net assets, end of year$22,940,371
Participants with balances664
Active participants741
Employer contributions$1,751,690
Employee contributions$3,866,749
Employer contribution per active participant$2,364
Average account balance$34,549
Benefits paid to participants$2,030,276
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 664 accts · $1.8M emplr
2023$16.2M · 510 accts · $1.3M emplr
2022$10.0M · 361 accts · $989K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,629
Investment management$101,983
Total administrative$149,612
The Suncrest Health Services LLC 401(k) match · 2024
Employer contribution per active participant$2,364
Median for plans this size$2,416
2024$2,364 per active participant
2023$774 per active participant
2022$699 per active participant

Suncrest Health Services LLC's 2024 employer contribution ran below 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 · 20243
LPL FINANCIAL LLC · Investment advisory (plan)$89,763
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,220

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

Administrative cost history3
2024$149,612 · 0.76%
2023$99,084 · 0.76%
2022$72,629 · 0.76%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Eduro Healthcare, LLC UT$27.9M · 1.39%
Alpine Pediatrics, P.C. UT$26.2M · 0.19%
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 461848782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.