Plan Snapshot
- Plan Sponsor: Healthequity Retirement Services, LLC
- Sponsor EIN: 821222973
- Sponsor Address: 15 W SCENIC POINTE DR., DRAPER, UT, 84020
- Plan Type: 401(k)
- Plan Number: 333
- Total Participants: 0
- Total Assets: $649.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $649.1M | $0 | $0 |
| 2023 | 0 | $554.2M | $0 | $0 |
| 2022 | 0 | $446.2M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| HEALTHEQUITY RETIREMENT SERVICES, L | Other Service Provider | $1,650,548 | — | $1,650,548 |
| AMERITAS LIFE INSURANCE CORP | Recordkeeper | $986,626 | — | $986,626 |
| INTEGRITY FINANCIAL | Investment Advisor | $576,925 | — | $576,925 |
| EP WEALTH ADVISORS, INC. | Other Service Provider | $355,652 | — | $355,652 |
| SPECTRA MANAGEMENT, LLC | Other Service Provider | $218,034 | — | $218,034 |
| MATRIX TRUST COMPANY | Recordkeeper | $128,248 | — | $128,248 |
| OSAIC WEALTH, INC. | Investment Advisor | $109,745 | — | $109,745 |
| AQUIRE WEALTH ADVISORS LLC DBA DENT | Other Service Provider | $82,409 | — | $82,409 |
| IRON FIDUCIARY, AN OFFERING BY CREA | Investment Advisor | $63,478 | — | $63,478 |
| THE NORDEN GROUP | Other Service Provider | $49,610 | — | $49,610 |
| PRUDENT INVESTOR ADVISORS | Other Service Provider | $49,023 | — | $49,023 |
| KEELER THOMAS MANAGEMENT LLC | Other Service Provider | $42,039 | — | $42,039 |
| GBS RETIRE | Investment Advisor | $35,109 | — | $35,109 |
| CAPASSO PLANNING PARTNERS | Other Service Provider | $32,132 | — | $32,132 |
| KINWELL LLC | Other Service Provider | $30,295 | — | $30,295 |
| ARK ADVISORS | Other Service Provider | $29,811 | — | $29,811 |
| PROSPERITAS FINANCIAL | Other Service Provider | $29,267 | — | $29,267 |
| TMD WEALTH MANAGEMENT | Other Service Provider | $28,466 | — | $28,466 |
| AMUSSEN HUNSAKER & ASSOCIATES LLC | Other Service Provider | $25,979 | — | $25,979 |
| ASHWORTH WEALTH, LLC | Other Service Provider | $24,257 | — | $24,257 |
| STEP BY STEP FINANCIAL, LLC | Other Service Provider | $24,124 | — | $24,124 |
| FICADENTI TANDON ASSET MANAGEMENT, | Other Service Provider | $11,653 | — | $11,653 |
| PEAK WEALTH ADVISORS | Other Service Provider | $10,367 | — | $10,367 |
| TCG ADVISORY SERVICES, LLC | Other Service Provider | $10,110 | — | $10,110 |
| MINDSHARE BENEFITS AND INSURANCE SE | Other Service Provider | $9,144 | — | $9,144 |
| GREGORY ADVISORS INC. | Other Service Provider | $8,532 | — | $8,532 |
| BAS PARTNERS | Auditor | $8,320 | — | $8,320 |
| VINCIMUS CAPITAL, LLC | Other Service Provider | $8,107 | — | $8,107 |
| NEW LEGACY FINANCIAL GROUP | Investment Advisor | $7,910 | — | $7,910 |
| RAYMOND JAMES FINANCIAL SERVICES | Investment Advisor | $7,064 | — | $7,064 |
| THOMPSON ADVISORY SERVICES, LLC | Other Service Provider | $5,744 | — | $5,744 |
| RESOURCE INVESTMENT ADVISORS LLC | Recordkeeper | $5,697 | — | $5,697 |
| SCB COMPLIANCE, LLC | Other Service Provider | $5,630 | — | $5,630 |
| LPL HOLDINGS, INC | Other Service Provider | $5,161 | — | $5,161 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — Recordkeeper
- INTEGRITY FINANCIAL — Investment Advisor
- MATRIX TRUST COMPANY — Recordkeeper
- OSAIC WEALTH, INC. — Investment Advisor
- IRON FIDUCIARY, AN OFFERING BY CREA — Investment Advisor
- GBS RETIRE — Investment Advisor
- BAS PARTNERS — Auditor
- NEW LEGACY FINANCIAL GROUP — Investment Advisor
- RAYMOND JAMES FINANCIAL SERVICES — Investment Advisor
- RESOURCE INVESTMENT ADVISORS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,675,216
- Estimated Expense Ratio: 0.720% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $5,372,586 | $2,587,838 | $2,160,332 | $8,320 | — |
| 2023 | $4,462,403 | $1,541,680 | $2,374,210 | $2,700 | — |
| 2022 | $4,763,725 | $1,432,915 | $3,330,810 | — | — |