Plan Ledger DOL Form 5500 · updated monthly

Springfield Grocer Company401(k)

SPRINGFIELD GROCER COMPANY 401(K) RETIREMENT & PROFIT SHARING PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Springfield Grocer Company reported $45,676 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $669 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 0.18% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 526th-largest of 1,393 plans among Missouri employers on file, and the 1,229th of 5,215 in retail trade. In 2024, employees put in $4.89 for every $1.00 the employer contributed; active participation has grown from 522 to 579 since 2022.

Plan summary
Net assets, end of year$24,284,871
Participants with balances345
Active participants579
Employer contributions$387,429
Employee contributions$1,895,597
Employer contribution per active participant$669
Average account balance$70,391
Benefits paid to participants$4,231,813
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 345 accts · $387K emplr
2023$22.5M · 328 accts · $328K emplr
2022$18.6M · 312 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,676
Total administrative$45,676
The Springfield Grocer Company 401(k) match · 2024
Employer contribution per active participant$669
Median for plans this size$2,416
2024$669 per active participant
2023$589 per active participant
2022$625 per active participant

Springfield Grocer Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$45,676

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$45,676 · 0.20%
2023$36,039 · 0.18%
2022$35,839 · 0.18%
Same employer
Similar plansRetail Trade · Missouri
Gibbs Technology Company MO$27.0M · 0.45%
Color-Art Palette, Inc. MO$26.3M · 0.23%
Rpcs, Inc. MO$25.8M
Wolfe Automotive Group, LLC MO$24.1M · 0.07%
McKeever Enterprises, Inc. MO$23.2M · 0.19%
Reed Automotive Group, Inc. MO$21.2M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 440444000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.