Plan Snapshot
- Plan Sponsor: Thatcher Group, INC.
- Sponsor EIN: 880472619
- Sponsor Address: 1900 FORTUNE ROAD, SALT LAKE CITY, UT, 84104
- Plan Type: DC
- Total Participants: 552
- Total Assets: $100.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 552 | $100.9M | $9.8M | $94,428 |
| 2023 | 432 | $89.8M | $9.6M | $0 |
| 2022 | 405 | $81.1M | $8.9M | $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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES LLC | INVESTMENT ADVISOR | $110,526 | — | $110,526 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $50,946 | — | $50,946 |
| HUBER, ERICKSON & BOWMAN, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $161,472
- Estimated Expense Ratio: 0.160% 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 | $161,472 | $110,526 | — | — | — |
| 2023 | $131,823 | — | — | — | — |
| 2022 | $246,118 | $214,273 | $27,181 | — | — |