Plan Ledger DOL Form 5500 · updated monthly

Spring Venture Group, LLC401(k)

SVG 401(K) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Spring Venture Group, LLC reported $80,055 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,081 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 0.67% to 0.33%. 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 473rd-largest of 1,393 plans among Missouri employers on file, and 2,497th of 4,798 in finance & insurance. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 940 to 1,228 since 2022.

Plan summary
Net assets, end of year$28,408,073
Participants with balances1,490
Active participants1,228
Employer contributions$2,555,817
Employee contributions$5,309,264
Employer contribution per active participant$2,081
Average account balance$19,066
Benefits paid to participants$2,264,076
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.4M · 1,490 accts · $2.6M emplr
2023$19.6M · 1,271 accts · $2.0M emplr
2022$12.2M · 882 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,623
Investment management$38,432
Total administrative$80,055
The Spring Venture Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,081
Median for plans this size$2,416
2024$2,081 per active participant
2023$1,812 per active participant
2022$1,307 per active participant

Spring Venture Group, LLC's 2024 employer contribution ran below 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$45,416
CAP FINANCIAL PARTNERS LLC · Investment management$34,640

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$80,055 · 0.33%
2023$74,948 · 0.47%
2022$83,529 · 0.67%
Same employer
Similar plansFinance & Insurance · Missouri
Citizens Bank & Trust MO$31.4M · 0.00%
Gershman Investment Corp. MO$31.1M · 0.43%
Lincoln County Bancorp, Inc MO$27.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271939808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.