Plan Ledger DOL Form 5500 · updated monthly

Spencer Fane LLP401(k)

SPENCER FANE RETIREMENT PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Spencer Fane LLP reported $140,147 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,921 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 0.05% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 91st-largest of 1,393 plans among Missouri employers on file, and the 634th of 11,654 in professional & technical services. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves; active participation has grown from 608 to 910 since 2022.

Plan summary
Net assets, end of year$263,800,079
Participants with balances989
Active participants910
Employer contributions$11,757,772
Employee contributions$8,761,733
Employer contribution per active participant$12,921
Average account balance$266,734
Benefits paid to participants$9,436,972
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$263.8M · 989 accts · $11.8M emplr
2023$211.0M · 811 accts · $10.3M emplr
2022$161.8M · 701 accts · $7.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,296
Investment management$124,851
Total administrative$140,147
The Spencer Fane LLP 401(k) match · 2024
Employer contribution per active participant$12,921
Median for plans this size$3,635
2024$12,921 per active participant
2023$14,583 per active participant
2022$12,330 per active participant

Spencer Fane LLP's 2024 employer contribution ran above the $3,635 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 · 20249
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping$12,771
CREATIVE PLANNING LLC · Investment advisory (participants)$45,377
MERITAGE PORTFOLIO MANAGEMENT · Investment advisory (participants)$19,944
KRILOGY FINANCIAL LLC · Investment advisory (participants)$15,767
HILEY HUNT WEALTH · Investment advisory (participants)$10,109
CANVAS WEALTH ADVISORS LLC · Investment advisory (participants)$9,812
FISHER INVESTMENTS · Investment advisory (participants)$5,564
TANGLEWOOD TOTAL WEALTH · Investment advisory (participants)$5,536
CHARLES SCHWAB & CO INC · Securities brokerage$2,525

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$140,147 · 0.06%
2023$121,179 · 0.07%
2022$92,527 · 0.05%
All plans at this employer2
SPENCER FANE RETIREMENT PLAN401(k)
SPENCER FANE ASSOCIATE RETIREMENT PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Missouri
Thompson Coburn LLP MO$484.3M · 0.13%
Perficient, Inc. MO$391.4M · 0.12%
Hok Group, Inc. MO$361.8M · 0.08%
Lathrop Gpm LLP MO$349.2M · 0.07%
Transystems Corporation MO$252.0M · 0.15%
Crb Group, Inc. MO$216.2M · 0.17%
Daugherty Systems Inc MO$210.3M · 0.21%
Rubinbrown LLP MO$204.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440561981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.