Plan Ledger DOL Form 5500 · updated monthly

Spfm, L.P.401(k)

SPFM, L.P. 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.57%

Spfm, L.P. reported $54,102 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,058th of 5,688), and 2,910th of 4,246 in wholesale trade. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,070,463
Participants with balances0
Active participants0
Employer contributions$292,993
Employee contributions$596,976
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$725,630
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · $293K emplr
2023$8.9M · $255K emplr
2022$7.4M · 125 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,379
Investment management$26,723
Total administrative$54,102
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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$26,723

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

Administrative cost history3
2024$54,102 · 0.57%
2023$45,407 · 0.56%
2022$43,494 · 0.55%
Same employer
Similar plansWholesale Trade · Texas
Bauer Equipment America Inc TX$10.6M · 0.50%
Magpul Industries Corp. TX$10.2M · 0.64%
A-7 Austin, LLC TX$9.9M · 0.84%
Bk Global, Inc. TX$9.8M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742738856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.