Plan Ledger DOL Form 5500 · updated monthly

Suse, LLC.401(k)

SUSE 401(K) PLAN · PLEASANT GROVE, UT · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Suse, LLC. reported $181,578 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,214 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 fell from 0.42% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 135th-largest of 848 plans among Utah employers on file, and the 463rd of 2,199 in information & media. In 2024, employees put in $4.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,697,795
Participants with balances906
Active participants659
Employer contributions$2,117,724
Employee contributions$9,597,452
Employer contribution per active participant$3,214
Average account balance$64,788
Benefits paid to participants$8,012,545
Plan auditUnmodified (clean) audit opinion
AuditorCLARK NUBER
Plan history3
Yearassets · accounts · employer contribution
2024$58.7M · 906 accts · $2.1M emplr
2023$45.9M · 956 accts · $2.0M emplr
2022$31.9M · 857 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,323
Investment management$94,255
Total administrative$181,578
The Suse, LLC. 401(k) match · 2024
Employer contribution per active participant$3,214
Median for plans this size$3,635
2024$3,214 per active participant
2023$3,084 per active participant
2022$3,168 per active participant

Suse, LLC.'s 2024 employer contribution ran below the $3,635 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
EMPOWER ADVISORY GROUP, LLC · Investment management$68,547
LEAFHOUSE FINANCIAL ADVISORS, LLC$25,708

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$181,578 · 0.35%
2023$140,631 · 0.36%
2022$123,922 · 0.42%
Same employer
Similar plansInformation & Media · Utah
Ancestry.com Operations Inc. UT$219.7M · 0.13%
Domo, Inc. UT$123.4M · 0.13%
Mx Technologies, Inc. UT$45.9M · 0.30%
Taxhawk, Inc. UT$36.5M · 0.36%
Lightspeeddms LLC UT$24.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454703967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.