Ogden Clinic Professional Corporation 401(k) Review & Grade
Ogden Clinic Savings and Profit Sharing Plan
South Ogden, UTHealth Care & Social Assistance1,347 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,272Employer $ per active participant
$4,983Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$137.1MNet plan assets, end of year
$84,476Average balance per account
Score breakdown
- Employer generosity44.5 / 5089th percentile for employer $ per participant
- Low cost17.4 / 2570th percentile for low admin cost vs. same-size plans
- Employee saving11.8 / 1579th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 70th |
| Employee saving | 79th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($720 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Ogden Clinic Professional put in about $4,272 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $5,754,863 |
| Participant (employee) contributions | $6,712,400 |
| Other contributions (incl. rollovers in) | $2,091,107 |
| Administrative expenses paid from the plan | $158,186 |
| Investment advisory & management fees | $60,000 |
| Benefits paid out | $22,607,998 |
| Net assets, start / end of year | $127.7M / $137.1M |
| Active participants, start / end of year | 1,216 / 1,478 |
| Participants with account balances | 1,623 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $98,275 reported compensation |
| Onedigital Investment Advisors LLC | $60,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250821143215NAL0002128851001, received 2025-08-21, EIN 87-0286381, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.