Plan Ledger DOL Form 5500 · updated monthly

Taxhawk, Inc.401(k)

RETIREMENT INCOME SECURITY PLAN-TAXHAWK, INC. · PROVO, UT · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Taxhawk, Inc. reported $117,188 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $16,610 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 196th-largest of 848 plans among Utah employers on file, and the 676th of 2,199 in information & media. In 2024, the employer put in $1.95 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$36,502,544
Participants with balances157
Active participants148
Employer contributions$2,458,283
Employee contributions$1,260,842
Employer contribution per active participant$16,610
Average account balance$232,500
Benefits paid to participants$74,422
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,652
Investment management$104,359
Trustee / custodial$6,177
Total administrative$117,188
The Taxhawk, Inc. 401(k) match · 2024
Employer contribution per active participant$16,610
Median for plans this size$2,416

Taxhawk, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$6,652
OSAIC WEALTH, INC. · Investment advisory (participants) · Investment advisory (plan)$97,837
PRUDENT INVESTOR ADVISORS · Investment advisory (plan) · Investment management$6,522
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$6,177

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

Administrative cost history1
2024$117,188 · 0.36%
Same employer
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Sundance Institute UT$19.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861018210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.