Plan Ledger DOL Form 5500 · updated monthly

Sales Partnerships, Inc.401(k)

SPI 401(K) PLAN · BROOMFIELD, CO · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Sales Partnerships, Inc. reported $4,755 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. Employer contributions averaged $425 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 1 year on file its reported administrative ratio rose from 0.34% to 2.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Colorado (1,337th of 1,461), and 11,167th of 11,654 in professional & technical services. In 2022, employees put in $4.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,249,921
Participants with balances81
Active participants123
Employer contributions$52,305
Employee contributions$243,666
Employer contribution per active participant$425
Average account balance$15,431
Benefits paid to participants$332,905
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.2M · 33 accts · $36K emplr
2022$1.2M · 81 accts · $52K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,125
Investment management$905
Total administrative$4,755
The Sales Partnerships, Inc. 401(k) match · 2022
Employer contribution per active participant$425
Median for plans this size$1,114
2023$625 per active participant
2022$425 per active participant

Sales Partnerships, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$26,507 · 2.14%
2022$4,755 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Colorado
Breeze Thru Car Wash LLC CO$1.6M · 1.90%
Unison Systems Inc CO$1.5M · 0.68%
Kaart Group, LLC CO$1.4M · 0.18%
Altitude Energy LLC CO$1.1M · 1.33%
Cience Technologies Inc. CO$539K · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030515190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.