Plan Ledger DOL Form 5500 · updated monthly

Spottswood Companies, Inc.401(k)

SPOTTSWOOD COMPANIES, INC. 401(K) PLAN · KEY WEST, FL · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Spottswood Companies, Inc. reported $2,374 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $971 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 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (2,390th of 3,644), and 1,452nd of 2,096 in real estate & leasing. In 2022, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,556,082
Participants with balances73
Active participants204
Employer contributions$198,018
Employee contributions$404,515
Employer contribution per active participant$971
Average account balance$76,111
Benefits paid to participants$168,962
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$2,299
Total administrative$2,374
The Spottswood Companies, Inc. 401(k) match · 2022
Employer contribution per active participant$971
Median for plans this size$1,114

Spottswood Companies, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,374 · 0.04%
Same employer
Similar plansReal Estate & Leasing · Florida
Seacrest Services, Inc. FL$6.4M · 1.03%
Agpm, LLC FL$5.3M · 1.13%
Holland Pump Company FL$5.2M · 0.06%
Chhj Franchising L.L.C. FL$5.1M · 1.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650866227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.