Plan Ledger DOL Form 5500 · updated monthly

Hillspire, LLC401(k)

HILLSPIRE, LLC RETIREMENT SAVINGS PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Hillspire, LLC reported $104,731 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $9,036 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 2 years on file its reported administrative ratio fell from 0.16% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,055th-largest of 9,483 plans among California employers on file, and the 1,600th of 11,654 in professional & technical services. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 469 to 692 since 2022.

Plan summary
Net assets, end of year$94,115,513
Participants with balances986
Active participants692
Employer contributions$6,252,700
Employee contributions$10,290,468
Employer contribution per active participant$9,036
Average account balance$95,452
Benefits paid to participants$5,883,261
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$94.1M · 986 accts · $6.3M emplr
2023$70.8M · 739 accts · $5.1M emplr
2022$49.1M · 657 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,731
Total administrative$104,731
The Hillspire, LLC 401(k) match · 2024
Employer contribution per active participant$9,036
Median for plans this size$3,635
2024$9,036 per active participant
2023$9,760 per active participant
2022$9,005 per active participant

Hillspire, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$96,376
HILLSPIRE, LLC · Contract administrator$8,355

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

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$104,731 · 0.13%
2023$108,698 · 0.18%
2022$76,635 · 0.16%
Similar plansProfessional & Technical Services · California
Connexity, Inc. CA$95.7M · 0.08%
Pdf Solutions, Inc. CA$95.6M · 0.05%
Fehr & Peers CA$95.4M · 0.08%
Legalzoom.com, Inc. CA$93.4M · 0.16%
Flexport Inc. CA$93.3M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 562617820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.