Spencer's Tv and ApplianceESOP
SPENCER'S AIR CONDITIONING & APPLIANCE, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CHANDLER, AZ · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Spencer's Tv and Appliance reported $435 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $23,159 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 1 year on file its reported administrative ratio rose from 0.000% to 0.000%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 44th-largest of 1,285 plans among Arizona employers on file, and the 140th of 5,215 in retail trade.
Spencer's Tv and Appliance's 2024 employer contribution ran above the $4,294 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 860292380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.