Plan Ledger DOL Form 5500 · updated monthly

X3 Staffing, Inc.401(k)

X3 STAFFING, INC. 401(K) PLAN · WEST JORDAN, UT · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

X3 Staffing, Inc. reported $5,281 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $607 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 0.19% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Utah (648th of 848), and 1,589th of 2,534 in administrative & support services. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,988,301
Participants with balances246
Active participants411
Employer contributions$249,369
Employee contributions$463,828
Employer contribution per active participant$607
Average account balance$16,213
Benefits paid to participants$305,671
Plan auditUnmodified (clean) audit opinion
AuditorVALENTINE & CALDWELL CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 246 accts · $249K emplr
2023$2.8M · 238 accts · $285K emplr
2022$1.8M · 211 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,281
Total administrative$5,281
The X3 Staffing, Inc. 401(k) match · 2024
Employer contribution per active participant$607
Median for plans this size$1,313
2024$607 per active participant
2023$676 per active participant
2022$505 per active participant

X3 Staffing, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$5,281 · 0.16%
2023$6,025 · 0.26%
2022$3,375 · 0.19%
Same employer
Similar plansAdministrative & Support Services · Utah
Pro Alliance, LLC UT$6.5M · 0.66%
Metro Group, Inc. UT$6.4M · 0.78%
Fpc Holdings, LLC UT$4.1M · 1.38%
Peczuh Printing Company UT$4.0M · 0.04%
Greenix Holdings, LLC UT$3.3M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474487183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.