Plan Ledger DOL Form 5500 · updated monthly

Spaulding Ridge LLC401(k)

SPAULDING RIDGE 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Spaulding Ridge LLC reported $84,995 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $5,679 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 rose from 0.34% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,494th-largest of 3,702 plans among Illinois employers on file, and the 4,790th of 11,654 in professional & technical services. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 236 to 305 since 2022.

Plan summary
Net assets, end of year$24,783,713
Participants with balances412
Active participants305
Employer contributions$1,732,097
Employee contributions$3,381,835
Employer contribution per active participant$5,679
Average account balance$60,155
Benefits paid to participants$2,456,784
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 412 accts · $1.7M emplr
2023$17.5M · 367 accts · $1.4M emplr
2022$11.3M · 337 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,995
Total administrative$84,995
The Spaulding Ridge LLC 401(k) match · 2024
Employer contribution per active participant$5,679
Median for plans this size$2,416
2024$5,679 per active participant
2023$5,095 per active participant
2022$6,182 per active participant

Spaulding Ridge LLC's 2024 employer contribution ran above the $2,416 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
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$66,696
T ROWE PRICE RPS INC · Recordkeeping · Trustee$18,306

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

Recordkeeper by year2
2024Newport (Ascensus), T. Rowe Price
2023Newport (Ascensus)

This plan has changed recordkeepers within these filings. If you left Spaulding Ridge LLC 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$84,995 · 0.40%
2023$36,105 · 0.25%
2022$36,406 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Illinois
Hagerty Consulting Inc IL$25.4M · 0.07%
Onbe, Inc. IL$25.0M · 0.19%
Clean Air Engineering, Inc. IL$24.8M · 0.08%
Fieldwork, Inc. IL$24.7M · 0.51%
Iron Galaxy Studios, LLC IL$24.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823908182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.