Plan Ledger DOL Form 5500 · updated monthly

Spreedly Inc.401(k)

SPREEDLY INC. 401K PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Spreedly Inc. reported $78,335 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,364 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 0.63% to 0.78%. 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 among the smaller plans on file in North Carolina (1,034th of 2,005), and 7,612th of 11,654 in professional & technical services. In 2024, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,265,543
Participants with balances180
Active participants104
Employer contributions$453,805
Employee contributions$1,328,651
Employer contribution per active participant$4,364
Average account balance$62,586
Benefits paid to participants$893,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 180 accts · $454K emplr
2023$8.9M · 189 accts · $565K emplr
2022$6.1M · 181 accts · $646K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,135
Total administrative$78,335
The Spreedly Inc. 401(k) match · 2024
Employer contribution per active participant$4,364
Median for plans this size$2,416
2024$4,364 per active participant
2023$4,483 per active participant
2022$5,614 per active participant

Spreedly Inc.'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 · 20242
GALLAGHER BENEFIT SERVICES INCindirect comp

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$78,335 · 0.78%
2023$47,736 · 0.64%
2022$36,337 · 0.63%
Same employer
Similar plansProfessional & Technical Services · North Carolina
J. Davis Architects, PC NC$11.6M · 0.04%
D'Amato & Lynch, LLP NC$11.4M · 0.01%
Alphanumeric Systems, Inc. NC$11.4M · 0.25%
Mediant Communications Inc. NC$10.9M · 0.04%
Siteworx Holdings, LLC NC$10.8M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 260522184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.