Plan Ledger DOL Form 5500 · updated monthly

Spay, Inc.401(k)

SPAY 401(K) PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Spay, Inc. reported $30,512 in plan administrative expenses for 2024: 0.33% 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 0.56% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (3,044th of 5,688), and 1,501st of 2,199 in information & media.

Plan summary
Net assets, end of year$10,150,788
Participants with balances341
Active participants273
Employer contributions$0
Employee contributions$1,612,558
Employer contribution per active participant$0
Average account balance$29,768
Benefits paid to participants$904,899
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 341 accts
2023$8.3M · 389 accts
2022$6.0M · 378 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,512
Total administrative$30,512
The Spay, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Spay, 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 · 20242
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$24,211
NOVA 401(K) ASSOCIATES LP · Recordkeeping · Loan processing$6,301

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

Recordkeeper by year2
2024NOVA 401(K) ASSOCIATES LP, Transamerica
2023NOVA 401(K) ASSOCIATES LP, Transamerica

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

Administrative cost history3
2024$30,512 · 0.33%
2023$22,669 · 0.32%
2022$32,859 · 0.56%
Same employer
Similar plansInformation & Media · Texas
Rarefied Atmosphere TX$10.8M · 0.65%
Etech TX$10.7M · 0.75%
Zimperium, Inc. TX$10.4M · 0.57%
Hart Energy Publishing, LLC TX$10.2M · 0.02%
M. Roberts Media, LLC TX$9.9M · 0.08%
P97 Networks, LLC TX$9.6M · 0.22%
Zenoss, Inc TX$9.5M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474011165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.