Plan Ledger DOL Form 5500 · updated monthly

Usana Health Sciences, Inc.401(k)

USANA HEALTH SCIENCES 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Usana Health Sciences, Inc. reported $198,719 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,177 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 3 years on file its reported administrative ratio has held roughly steady near 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 65th-largest of 848 plans among Utah employers on file, and the 1,599th of 13,661 in manufacturing. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has shrunk from 915 to 791 since 2022.

Plan summary
Net assets, end of year$126,325,251
Participants with balances1,111
Active participants791
Employer contributions$2,513,203
Employee contributions$6,393,151
Employer contribution per active participant$3,177
Average account balance$113,704
Benefits paid to participants$11,552,024
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$126.3M · 1,111 accts · $2.5M emplr
2023$112.4M · 1,176 accts · $2.5M emplr
2022$96.0M · 1,208 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,510
Investment management$68,204
Audit (IQPA)$36,005
Total administrative$198,719
The Usana Health Sciences, Inc. 401(k) match · 2024
Employer contribution per active participant$3,177
Median for plans this size$3,635
2024$3,177 per active participant
2023$2,899 per active participant
2022$2,864 per active participant

Usana Health Sciences, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$94,509
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$68,204
TANNER LLC · Accounting / audit$36,005

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$198,719 · 0.17%
2023$137,154 · 0.13%
2022$169,107 · 0.16%
Same employer
Similar plansManufacturing · Utah
Merit Medical Systems, Inc. UT$251.4M · 0.09%
Reh Services LLC UT$186.4M · 0.08%
Varex Imaging Corporation UT$163.9M · 0.09%
Ultradent Products, Inc. UT$110.2M · 0.21%
Campbell Scientific, Inc. UT$107.2M · 0.71%
Young Electric Sign Company UT$106.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870500306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.