Taxbit, Inc.401(k)
TAXBIT 401(K) PLAN · DRAPER, UT · plan year 2024
Taxbit, Inc. reported $40,880 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.71% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Utah (586th of 848), and 9,572nd of 11,654 in professional & technical services.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 833266436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.