Plan Ledger DOL Form 5500 · updated monthly

Sweet Candy Company401(k)

SWEET CANDY COMPANY RETIREMENT PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Sweet Candy Company reported $80,949 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $3,660 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 0.28% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 287th-largest of 848 plans among Utah employers on file, and the 5,685th of 13,661 in manufacturing. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has grown from 193 to 251 since 2022.

Plan summary
Net assets, end of year$21,336,205
Participants with balances266
Active participants251
Employer contributions$918,662
Employee contributions$888,924
Employer contribution per active participant$3,660
Average account balance$80,211
Benefits paid to participants$351,707
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 266 accts · $919K emplr
2023$18.2M · 218 accts · $745K emplr
2022$15.1M · 201 accts · $684K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,163
Investment management$42,786
Total administrative$80,949
The Sweet Candy Company 401(k) match · 2024
Employer contribution per active participant$3,660
Median for plans this size$2,416
2024$3,660 per active participant
2023$3,742 per active participant
2022$3,545 per active participant

Sweet Candy Company'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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$32,972
EMPOWER ADVISORY GROUP, LLC · Investment management$9,814

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$80,949 · 0.41%
2023$64,738 · 0.39%
2022$43,289 · 0.28%
Same employer
Similar plansManufacturing · Utah
Premier Tech Inc. UT$23.5M · 0.43%
Elitech Group, Inc. UT$22.9M · 0.27%
Modere, Inc. UT$20.4M · 0.54%
Amsco Windows UT$20.3M · 0.01%
Dynatronics Corporation UT$17.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870182370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.