Plan Ledger DOL Form 5500 · updated monthly

True Leaf LLC401(k)

TRUE LEAF 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

True Leaf LLC reported $25,047 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $527 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 0.63% to 1.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Utah (753rd of 848), and 809th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,950,991
Participants with balances140
Active participants160
Employer contributions$84,355
Employee contributions$172,228
Employer contribution per active participant$527
Average account balance$13,936
Benefits paid to participants$122,419
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 140 accts · $84K emplr
2023$1.6M · 175 accts · $100K emplr
2022$1.2M · 142 accts · $101K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,087
Investment management$5,921
Total administrative$25,047
The True Leaf LLC 401(k) match · 2024
Employer contribution per active participant$527
Median for plans this size$1,313
2024$527 per active participant
2023$583 per active participant
2022$648 per active participant

True Leaf LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$10,816
DWC THE 401(K) EXPERTS · Recordkeeping · Loan processing$8,272
TRANSAMERICA FINANCIAL ADVISORS INC · Investment advisory (plan)$5,200
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$721

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

Recordkeeper by year2
2024DWC THE 401(K) EXPERTS, Transamerica
2023DWC THE 401(K) EXPERTS, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,047 · 1.40%
2023$17,882 · 1.29%
2022$7,270 · 0.63%
Similar plansAgriculture, Forestry & Fishing · Utah
Native Seed, LP UT$11.3M · 0.54%
Holt Farms, LLC UT$7.0M · 0.12%
Worldwide Primates, Inc. FL$2.0M · 0.31%
Apet, Inc. IL$2.0M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471724986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.