Plan Snapshot
- Plan Sponsor: Usana Health Sciences, INC.
- Sponsor EIN: 870500306
- Sponsor Address: 3838 W. PARKWAY BLVD, SALT LAKE CITY, UT, 84120
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,107
- Total Assets: $138.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 1,107 | $138.5M | $0 | $0 |
| 2024 | 791 | $126.3M | $2.5M | $6.4M |
| 2023 | 863 | $112.4M | $2.5M | $6.3M |
| 2022 | 915 | $96.0M | $2.6M | $6.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $104,128 | — | $104,128 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $76,033 | — | $76,033 |
| TANNER LLC | Auditor | $37,486 | — | $37,486 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $217,647
- Estimated Expense Ratio: 0.157% 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 |
|---|---|---|---|---|---|
| 2025 | $16,556,792 | $76,033 | — | $37,486 | — |
| 2024 | $198,719 | $68,204 | $600 | $36,005 | — |
| 2023 | $137,154 | $60,123 | $1,200 | — | — |
| 2022 | $169,107 | — | — | — | — |