Plan Ledger DOL Form 5500 · updated monthly

Spectralink Corporation401(k)

SPECTRALINK CORPORATION 401(K) RETIREMENT PLAN · BOULDER, CO · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Spectralink Corporation reported $29,310 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $3,283 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 0.19% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 531st-largest of 1,461 plans among Colorado employers on file, and the 6,012th of 13,661 in manufacturing. In 2024, employees put in $4.51 for every $1.00 the employer contributed; active participation has shrunk from 135 to 117 since 2022.

Plan summary
Net assets, end of year$19,551,842
Participants with balances180
Active participants117
Employer contributions$384,078
Employee contributions$1,730,862
Employer contribution per active participant$3,283
Average account balance$108,621
Benefits paid to participants$1,852,290
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 180 accts · $384K emplr
2023$16.8M · 177 accts · $372K emplr
2022$14.0M · 189 accts · $371K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,548
Investment management$5,762
Total administrative$29,310
The Spectralink Corporation 401(k) match · 2024
Employer contribution per active participant$3,283
Median for plans this size$2,416
2024$3,283 per active participant
2023$3,210 per active participant
2022$2,746 per active participant

Spectralink Corporation's 2024 employer contribution ran above the $2,416 median for plans its size. 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. · Loan processing · Recordkeeping$23,548
CREATIVE PLANNING. · Investment advisory (plan)$5,762

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)
2023Newport (Ascensus)

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

Administrative cost history3
2024$29,310 · 0.16%
2023$25,656 · 0.17%
2022$28,515 · 0.19%
Same employer
Similar plansManufacturing · Colorado
Quantinuum LLC CO$21.9M · 0.33%
Boa Technology Inc. CO$21.2M · 0.03%
Odell Brewing Company CO$20.7M · 0.36%
In-Situ Inc CO$20.2M · 0.05%
Bestop, Inc. CO$19.4M · 0.29%
Trustile Doors, LLC CO$18.5M · 0.73%
Stoneage, Inc. CO$18.1M · 0.25%
Ready Foods, Inc. CO$18.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841141188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.