Plan Ledger DOL Form 5500 · updated monthly

Spada Properties, Inc.401(k)

SPADA PROPERTIES, INC. 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Spada Properties, Inc. reported $18,028 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $0 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 2.68% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Oregon (799th of 1,021), and 3,768th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$4,138,054
Participants with balances130
Active participants430
Employer contributions$0
Employee contributions$938,838
Employer contribution per active participant$0
Average account balance$31,831
Benefits paid to participants$335,095
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 130 accts
2023$3.2M · 128 accts · $219K emplr
2022$1.9M · 135 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,028
Total administrative$18,028
The Spada Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2023$484 per active participant
2022$538 per active participant

Spada Properties, 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 · 20241
PRINCIPAL LIFE INSURANCE CO · Contract administrator$16,153

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

Administrative cost history3
2024$18,028 · 0.49%
2023$58,761 · 2.31%
2022$41,816 · 2.68%
Same employer
Similar plansWholesale Trade · Oregon
Paramount Supply Co. OR$6.2M · 0.70%
Hardwood Industries, Inc. OR$5.8M · 0.30%
Truax Corporation OR$5.1M · 0.22%
Synergy Medical Systems OR$3.2M · 0.47%
Pwcc Marketplace OR$3.0M · 1.06%
Gear Up Sports, Inc. OR$2.5M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930550021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.