Plan Ledger DOL Form 5500 · updated monthly

Woodside Group, LLC401(k)

WOODSIDE GROUP, LLC 401(K) RETIREMENT SAVINGS PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Woodside Group, LLC reported $140,757 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,952 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 0.30% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 137th-largest of 848 plans among Utah employers on file, and the 957th of 5,337 in construction. In 2024, employees put in $2.74 for every $1.00 the employer contributed; active participation has grown from 481 to 631 since 2022.

Plan summary
Net assets, end of year$56,366,944
Participants with balances782
Active participants631
Employer contributions$1,862,905
Employee contributions$5,109,782
Employer contribution per active participant$2,952
Average account balance$72,080
Benefits paid to participants$9,008,551
Plan auditUnmodified (clean) audit opinion
AuditorHBME, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$56.4M · 782 accts · $1.9M emplr
2023$48.0M · 675 accts · $1.5M emplr
2022$40.9M · 716 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,757
Total administrative$140,757
The Woodside Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,952
Median for plans this size$3,635
2024$2,952 per active participant
2023$2,609 per active participant
2022$3,690 per active participant

Woodside Group, LLC'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$140,757
RESOURCES INVESTMENT ADVISORS INC · Investment advisory (plan)indirect comp

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$140,757 · 0.27%
2023$136,628 · 0.31%
2022$131,035 · 0.30%
Same employer
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Big-D Corporation UT$113.8M · 0.01%
Taylor Electric, Inc. UT$50.8M · 0.06%
Kelso Industries, LLC UT$36.9M · 0.19%
3FORM LLC UT$33.3M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263717789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.