Plan Ledger DOL Form 5500 · updated monthly

Firespring, Inc.401(k)

FIRESPRING 401(K) PROFIT SHARING PLAN & TRUST · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.45%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Firespring, Inc. reported $40,637 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $412 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Nebraska (373rd of 565), and 8,091st of 11,654 in professional & technical services. In 2024, employees put in $8.17 for every $1.00 the employer contributed; active participation has grown from 158 to 181 since 2022.

Plan summary
Net assets, end of year$9,677,374
Participants with balances141
Active participants181
Employer contributions$74,587
Employee contributions$609,375
Employer contribution per active participant$412
Average account balance$68,634
Benefits paid to participants$617,176
Plan auditUnmodified (clean) audit opinion
AuditorSP GROUP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 141 accts · $75K emplr
2023$8.3M · 136 accts · $66K emplr
2022$6.5M · 136 accts · $47K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,706
Investment management$24,931
Total administrative$40,637
The Firespring, Inc. 401(k) match · 2024
Employer contribution per active participant$412
Median for plans this size$1,313
2024$412 per active participant
2023$358 per active participant
2022$297 per active participant

Firespring, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JULY BUSINESS SERVICES LLC · Recordkeeping$7,950
UNION BANK & TRUST COMPANY · Recordkeeping · Pension consulting$7,756
D.A. DAVIDSON & CO · Pension consulting · Investment advisory (participants)$24,931

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024July Business Services, UNION BANK & TRUST COMPANY
2023July Business Services

This plan has changed recordkeepers within these filings. If you left Firespring, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,637 · 0.45%
2023$18,728 · 0.25%
2022$33,299 · 0.46%
Same employer
Similar plansProfessional & Technical Services · Nebraska
Dana F. Cole & Company, LLP NE$14.7M · 0.29%
Companycam Inc. NE$10.5M · 0.09%
Proxibid, Inc. NE$9.1M · 0.52%
Advance Services, Inc. NE$6.6M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510407787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.