Plan Ledger DOL Form 5500 · updated monthly

Spiff, Inc.401(k)

SPIFF, INC. 401(K) PLAN · SANDY, UT · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Spiff, Inc. reported $150 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. 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 information & media employers. By assets it is among the smaller plans on file in Utah (591st of 848), and 1,855th of 2,199 in information & media.

Plan summary
Net assets, end of year$5,454,167
Participants with balances240
Active participants226
Employer contributions$0
Employee contributions$1,648,637
Employer contribution per active participant$0
Average account balance$22,726
Benefits paid to participants$351,473
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.5M · 240 accts
2022$3.0M · 236 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$150
Total administrative$150
The Spiff, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Spiff, 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 history2
2023$150 · 0.00%
2022Not separately reported
Similar plansInformation & Media · Utah
Jobnimbus, LLC UT$7.5M · 1.51%
Smule, Inc. UT$7.0M · 0.22%
Brainstorm, Inc. UT$6.0M · 0.73%
Sales Rabbit, Inc. UT$5.1M · 0.49%
Plato Elearning LLC UT$4.5M · 0.77%
Telecon Design (USA) Inc. UT$4.2M · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823333685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.