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Original filing (PDF)20231016174852NAL0051797872001
SALMON ELECTRIC
Form 5500
FILING_RECEIVED
THE FORESIGHT MEP 401(K) PLAN
401(k) retirement plan
Signals · 2
~96 bps in Sched C feesNo recordkeeper disclosed
Active participants
150
Accounts w/ balance
0
Plan assets (EOY)
$1.3M
Net assets (EOY)
$0
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 96 bps in Schedule C fees — 85% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SALMON ELECTRIC.
Plan sponsor
Name
SALMON ELECTRIC
EIN
87-0493963
Address
1778 WEST 1180 SOUTH · WOODS CROSS, UT · 84087
Phone
(801) 292-3444
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Name
FORESIGHT WEALTH MANAGEMENT
EIN
27-2830751
City
DRAPER, UT
Phone
(801) 462-2200
Plan characteristics
Plan number
001
Plan year
2022
Plan year begin
2022-01-01
Tax period
2022-12-31
Filed
2023-10-16
Pension benefit codes
3D · Pre-approved plan (master / prototype / VS)
2E · Profit-sharing
2J · 401(k) feature
2K · 401(m) arrangement
2F · ERISA section 404(c)
2G · Total participant-directed accounts
Audit & trust (Schedule H)
Auditor
G&S CERTIFIED PUBLIC ACCOUNTANTS,PC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FORESIGHT WEALTH MANAGEMENT | 27-2830751 | — | INVESTMENT ADVISOR | $11K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ROCKY MOUNTAIN EMPLOYEE BENEFITS | 87-0364490 | — | THIRD-PARTY ADMIN. | $2K | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.
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