Plan Ledger DOL Form 5500 · updated monthly

Klarquist Sparkman, LLP401(k)

KLARQUIST SPARKMAN, LLP 401(K) RETIREMENT PLAN · PORTLAND, OR · plan year 2025

Reported admin expense ratio · 2025
0.02%

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

Klarquist Sparkman, LLP reported $12,292 in plan administrative expenses for 2025: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,625 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 fell from 0.03% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other professional & technical services employers. By assets it is the 117th-largest of 1,021 plans among Oregon employers on file, and the 1,721st of 11,654 in professional & technical services. In 2025, employees put in $1.20 for every $1.00 the employer contributed; active participation has shrunk from 146 to 127 since 2022.

Plan summary
Net assets, end of year$86,813,051
Participants with balances180
Active participants127
Employer contributions$968,410
Employee contributions$1,165,316
Employer contribution per active participant$7,625
Average account balance$482,295
Benefits paid to participants$2,743,926
Plan auditUnmodified (clean) audit opinion
AuditorGEFFEN MESHER & COMPANY, P.C.
Plan history4
Yearassets · accounts · employer contribution
2025$86.8M · 180 accts · $968K emplr
2024$76.4M · 185 accts · $2.8M emplr
2023$69.7M · 180 accts · $2.6M emplr
2022$56.7M · 196 accts · $2.6M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$12,292
Total administrative$12,292
The Klarquist Sparkman, LLP 401(k) match · 2025
Employer contribution per active participant$7,625
Median for plans this size$4,093
2025$7,625 per active participant
2024$19,237 per active participant
2023$18,823 per active participant
2022$17,830 per active participant

Klarquist Sparkman, LLP's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,298

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

Administrative cost history4
2025$12,292 · 0.02%
2024$4,356 · 0.01%
2023$3,313 · 0.01%
2022$21,246 · 0.03%
Same employer
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Schrodinger, Inc. OR$134.5M · 0.02%
Akt Services, LLP OR$106.7M · 0.00%
Aldrich Services, LLP OR$98.3M · 0.00%
Smarsh, Inc. OR$90.1M · 0.06%
Nuscale Power, LLC OR$74.1M · 0.15%
Bullivant Houser Bailey PC OR$71.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930421052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.