Plan Ledger DOL Form 5500 · updated monthly

Spekit, Inc.401(k)

SPEKIT, INC. 401(K) PLAN · DENVER, CO · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Spekit, Inc. reported $3,777 in plan administrative expenses for 2023: 0.22% 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Colorado (1,283rd of 1,461), and 2,872nd of 3,091 in educational services.

Plan summary
Net assets, end of year$1,888,742
Participants with balances97
Active participants45
Employer contributions$0
Employee contributions$541,724
Employer contribution per active participant$0
Average account balance$19,472
Benefits paid to participants$566,214
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,512
Investment management$1,265
Total administrative$3,777
The Spekit, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Spekit, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2023$3,777 · 0.22%
Similar plansEducational Services · Colorado
The Ce Shop LLC CO$2.8M · 0.05%
Weston Enterprises Inc CO$1.3M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824480716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.