Plan Ledger DOL Form 5500 · updated monthly

Utah Emergency Physicians, P.C.401(k)

UTAH EMERGENCY PHYSICIANS, P. C. PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Utah Emergency Physicians, P.C. reported $37,471 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,217 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 0.11% to 0.04%. 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 84th-largest of 848 plans among Utah employers on file, and the 1,110th of 11,911 in health care & social assistance. In 2024, the employer put in $2.59 for every $1.00 employees contributed themselves; active participation has grown from 118 to 151 since 2022.

Plan summary
Net assets, end of year$98,885,680
Participants with balances166
Active participants151
Employer contributions$1,089,711
Employee contributions$420,243
Employer contribution per active participant$7,217
Average account balance$595,697
Benefits paid to participants$2,426,350
Plan auditUnmodified (clean) audit opinion
AuditorHBM, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$98.9M · 166 accts · $1.1M emplr
2023$97.2M · 147 accts · $3.8M emplr
2022$75.9M · 139 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,471
Total administrative$37,471
The Utah Emergency Physicians, P.C. 401(k) match · 2024
Employer contribution per active participant$7,217
Median for plans this size$3,635
2024$7,217 per active participant
2023$29,551 per active participant
2022$30,722 per active participant

Utah Emergency Physicians, 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.

Administrative cost history3
2024$37,471 · 0.04%
2023$72,680 · 0.08%
2022$80,508 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Revere Health UT$254.8M · 0.08%
Tanner Memorial Clinic UT$146.2M · 0.08%
Wasatch Pediatrics, Inc. UT$68.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870301301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.