Plan Ledger DOL Form 5500 · updated monthly

Utah Association of Public Charter Schools401(k)

UTAH ASSOCIATION OF PUBLIC CHARTER SCHOOLS RETIREMENT PLAN · AMERICAN FORK, UT · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Utah Association of Public Charter Schools reported $278,226 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,466 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 0.73% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 154th-largest of 848 plans among Utah employers on file, and the 954th of 3,091 in educational services. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 2,006 to 2,227 since 2022.

Plan summary
Net assets, end of year$47,334,502
Participants with balances1,491
Active participants2,227
Employer contributions$3,263,825
Employee contributions$2,782,597
Employer contribution per active participant$1,466
Average account balance$31,747
Benefits paid to participants$3,433,231
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.3M · 1,491 accts · $3.3M emplr
2023$39.2M · 1,391 accts · $3.0M emplr
2022$32.1M · 1,287 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,143
Investment management$143,813
Audit (IQPA)$23,000
Trustee / custodial$11,270
Total administrative$278,226
The Utah Association of Public Charter Schools 401(k) match · 2024
Employer contribution per active participant$1,466
Median for plans this size$2,416
2024$1,466 per active participant
2023$1,445 per active participant
2022$1,287 per active participant

Utah Association of Public Charter Schools's 2024 employer contribution ran below the $2,416 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 · 20244
NWPS, INC. · Recordkeeping · Pension consulting$100,143
ABLE & STRONG ADVISORS · Investment advisory (participants) · Investment advisory (plan)$143,813
SMITH & HOWARD, PC · Accounting / audit$23,000
MATRIX TRUST COMPANY · Custodial · Trustee (discretionary)$11,270

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$278,226 · 0.64%
2023$240,696 · 0.68%
2022$213,313 · 0.73%
Similar plansEducational Services · Utah
Instructure, Inc. UT$91.0M · 0.33%
Westminster University UT$86.7M · 0.14%
Waterford Institute, Inc. UT$31.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562429582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.