Plan Ledger DOL Form 5500 · updated monthly

The Living Planet Inc.401(k)

THE LIVING PLANET INC. 401(K) PLAN · DRAPER, UT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

The Living Planet Inc. reported $585 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,108 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 0.022% to 0.018%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Utah (662nd of 848), and 1,015th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 142 to 163 since 2022.

Plan summary
Net assets, end of year$3,799,082
Participants with balances160
Active participants163
Employer contributions$180,672
Employee contributions$357,265
Employer contribution per active participant$1,108
Average account balance$23,744
Benefits paid to participants$96,971
Plan auditUnmodified (clean) audit opinion
AuditorBOUNTIFUL PEAK ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 160 accts · $181K emplr
2023$2.8M · 146 accts · $164K emplr
2022$2.5M · 127 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$585
Total administrative$585
The The Living Planet Inc. 401(k) match · 2024
Employer contribution per active participant$1,108
Median for plans this size$1,313
2024$1,108 per active participant
2023$1,158 per active participant
2022$1,056 per active participant

The Living Planet Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$585

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$585 · 0.02%
2023$945 · 0.04%
2022$525 · 0.02%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 870572706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.