Plan Ledger DOL Form 5500 · updated monthly

Spruce Grove, Inc.401(k)

SPRUCE GROVE RETIREMENT PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Spruce Grove, Inc. reported $31,362 in plan administrative expenses for 2024: 0.53% of average plan assets, above the peer median. Employer contributions averaged $869 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 0.50% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (6,581st of 9,483), and 1,397th of 2,096 in real estate & leasing. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 282 to 333 since 2022.

Plan summary
Net assets, end of year$6,261,177
Participants with balances295
Active participants333
Employer contributions$289,533
Employee contributions$544,358
Employer contribution per active participant$869
Average account balance$21,224
Benefits paid to participants$818,386
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 295 accts · $290K emplr
2023$5.5M · 299 accts · $285K emplr
2022$4.1M · 295 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,990
Investment management$27,372
Total administrative$31,362
The Spruce Grove, Inc. 401(k) match · 2024
Employer contribution per active participant$869
Median for plans this size$1,313
2024$869 per active participant
2023$882 per active participant
2022$912 per active participant

Spruce Grove, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$27,371
ADP, INC. · Loan processing · Recordkeeping$3,990
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$31,362 · 0.53%
2023$24,278 · 0.50%
2022$21,792 · 0.50%
Same employer
Similar plansReal Estate & Leasing · California
Egomotion Corp. CA$6.7M · 0.43%
Jamison Services Inc CA$6.5M · 0.28%
Dft Inc. CA$6.5M · 0.40%
Wsh Management Inc CA$6.1M · 0.66%
Solari Enterprises Inc. CA$6.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952305652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.