Plan Ledger DOL Form 5500 · updated monthly

Utah Cancer Specialists, P.C.401(k)

UTAH CANCER SPECIALISTS, P.C. 401(K) PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Utah Cancer Specialists, P.C. reported $111,265 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $8,592 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 0.23% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 141st-largest of 848 plans among Utah employers on file, and the 1,766th of 11,911 in health care & social assistance. In 2024, the employer put in $1.65 for every $1.00 employees contributed themselves; active participation has grown from 225 to 274 since 2022.

Plan summary
Net assets, end of year$53,542,747
Participants with balances341
Active participants274
Employer contributions$2,354,323
Employee contributions$1,425,574
Employer contribution per active participant$8,592
Average account balance$157,017
Benefits paid to participants$3,678,413
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILLY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$53.5M · 341 accts · $2.4M emplr
2023$46.9M · 315 accts · $2.1M emplr
2022$38.8M · 294 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,265
Total administrative$111,265
The Utah Cancer Specialists, P.C. 401(k) match · 2024
Employer contribution per active participant$8,592
Median for plans this size$3,635
2024$8,592 per active participant
2023$8,594 per active participant
2022$8,323 per active participant

Utah Cancer Specialists, P.C.'s 2024 employer contribution ran above the $3,635 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 · 20243
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$92,610
CAPITAL GROUP RETIREMENT PLAN SERVI$19,705
PENSIONS PLUS INC · Contract administrator$6,409

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$111,265 · 0.22%
2023$96,051 · 0.22%
2022$97,867 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Wasatch Pediatrics, Inc. UT$68.8M · 0.10%
Bristol Hospice UT$49.2M · 0.45%
Foothill Clinic, LLC UT$34.7M · 0.01%
Avalon Health Care, Inc. UT$34.4M · 1.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870519691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.