Sps Companies, Inc.ESOP
SPS COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ST. LOUIS PARK, MN · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Sps Companies, Inc. reported $1,825 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,095 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 0.003% to 0.002%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other wholesale trade employers. By assets it is the 359th-largest of 1,918 plans among Minnesota employers on file, and the 562nd of 4,246 in wholesale trade.
Sps Companies, Inc.'s 2023 employer contribution ran above the $3,659 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
This plan has changed recordkeepers within these filings. If you left Sps Companies, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 410719467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.