Plan Ledger DOL Form 5500 · updated monthly

Spmb LLC401(k)

SPMB LLC 401K PLAN · LARKSPUR, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Spmb LLC reported $65,367 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $4,070 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 fell from 0.55% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 4,282nd-largest of 9,483 plans among California employers on file, and the 743rd of 2,534 in administrative & support services. In 2024, employees put in $4.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,694,074
Participants with balances121
Active participants59
Employer contributions$240,131
Employee contributions$983,994
Employer contribution per active participant$4,070
Average account balance$129,703
Benefits paid to participants$981,007
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.7M · 121 accts · $240K emplr
2023$13.5M · $273K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,400
Investment management$60,967
Total administrative$65,367
The Spmb LLC 401(k) match · 2024
Employer contribution per active participant$4,070
Median for plans this size$2,416
2024$4,070 per active participant
2023$3,736 per active participant

Spmb 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.

Administrative cost history2
2024$65,367 · 0.45%
2023$67,265 · 0.55%
Similar plansAdministrative & Support Services · California
Balboa Travel, Inc. CA$16.2M · 0.36%
Metagenomi, Inc CA$16.0M · 0.38%
Optima Tax Relief, LLC CA$15.9M · 0.77%
Ek Health Services, Inc. CA$15.7M · 0.49%
Movement for Life, Inc. CA$15.2M · 0.16%
Mariposa Landscapes, Inc. CA$14.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832297738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.