Plan Ledger DOL Form 5500 · updated monthly

Spins LLC401(k)

SPINS 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Spins LLC reported $203,718 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,453 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 fell from 0.63% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,111th-largest of 3,702 plans among Illinois employers on file, and the 1,989th of 4,798 in finance & insurance. In 2024, employees put in $4.25 for every $1.00 the employer contributed; active participation has shrunk from 473 to 419 since 2022.

Plan summary
Net assets, end of year$39,372,920
Participants with balances576
Active participants419
Employer contributions$1,027,959
Employee contributions$4,365,885
Employer contribution per active participant$2,453
Average account balance$68,356
Benefits paid to participants$5,875,993
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$39.4M · 576 accts · $1.0M emplr
2023$33.9M · 583 accts · $1.1M emplr
2022$24.2M · 578 accts · $950K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,608
Investment management$128,110
Total administrative$203,718
The Spins LLC 401(k) match · 2024
Employer contribution per active participant$2,453
Median for plans this size$2,416
2024$2,453 per active participant
2023$2,395 per active participant
2022$2,007 per active participant

Spins LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$75,608
SIGNATURE RESOURCES CAPITAL MGMT · Consulting · Investment advisory (plan)$128,110

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$203,718 · 0.56%
2023$184,948 · 0.64%
2022$155,174 · 0.63%
Same employer
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First Co Bancorp, Inc. IL$40.2M · 0.18%
Rmb Capital Management, LLC IL$40.2M · 0.04%
Cnb Bank Shares, Inc. IL$40.0M · 0.11%
Bankfinancial, NA IL$39.8M · 0.23%
Akuna Capital LLC IL$38.3M · 0.36%
Bank of Springfield IL$38.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900735560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.