Plan Ledger DOL Form 5500 · updated monthly

Spinnaker Support, LLC401(k)

SPINNAKER SUPPORT 401(K) RETIREMENT PLAN · GREENWOOD VILLAGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Spinnaker Support, LLC reported $18,304 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,967 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 0.09% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 598th-largest of 1,461 plans among Colorado employers on file, and 6,176th of 11,654 in professional & technical services. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,828,519
Participants with balances158
Active participants157
Employer contributions$936,876
Employee contributions$2,159,411
Employer contribution per active participant$5,967
Average account balance$106,510
Benefits paid to participants$3,674,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 158 accts · $937K emplr
2023$14.8M · 155 accts · $900K emplr
2022$10.7M · 132 accts · $740K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,791
Investment management$4,513
Total administrative$18,304
The Spinnaker Support, LLC 401(k) match · 2024
Employer contribution per active participant$5,967
Median for plans this size$2,416
2024$5,967 per active participant
2023$5,844 per active participant
2022$4,741 per active participant

Spinnaker Support, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,791

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$18,304 · 0.12%
2023$10,687 · 0.08%
2022$9,202 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Colorado
Codefied Inc. CO$17.3M · 0.65%
Kl&A, Inc. CO$17.3M · 0.43%
Knight Piesold and Co. CO$17.0M · 0.20%
Westrian Group, Inc. CO$16.4M · 0.40%
Lumivero, LLC CO$16.3M · 0.32%
Solid Power Operating, Inc. CO$16.1M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320257024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.