Plan Ledger DOL Form 5500 · updated monthly

Ssi (U.S.) Inc. dba Spencer Stuart401(k)

SPENCER STUART RETIREMENT BENEFITS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Ssi (U.S.) Inc. dba Spencer Stuart reported $185,491 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $20,862 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 0.033% to 0.031%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 129th-largest of 3,702 plans among Illinois employers on file, and the 283rd of 11,654 in professional & technical services. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$633,133,683
Participants with balances1,470
Active participants1,043
Employer contributions$21,758,827
Employee contributions$16,560,450
Employer contribution per active participant$20,862
Average account balance$430,703
Benefits paid to participants$41,971,186
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$633.1M · 1,470 accts · $21.8M emplr
2023$568.4M · 1,461 accts · $21.3M emplr
2022$437.1M · 1,505 accts · $16.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,717
Investment management$77,774
Total administrative$185,491
The Ssi (U.S.) Inc. dba Spencer Stuart 401(k) match · 2024
Employer contribution per active participant$20,862
Median for plans this size$4,294
2024$20,862 per active participant
2023$20,337 per active participant
2022$14,423 per active participant

Ssi (U.S.) Inc. dba Spencer Stuart's 2024 employer contribution ran above the $4,294 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 · 20247
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$107,668
CERITY PARTNERS LLC · Investment advisory (participants)$15,549
PEKIN HARDY STRAUSS INC · Investment advisory (participants)$14,606
FOCUS PARTNERS WEALTH LLC · Investment advisory (participants)$9,583
BURTON ENRIGHT WELCH · Investment advisory (participants)$9,441
TAMMA CAPITAL LLC · Investment advisory (participants)$5,499
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,168

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$185,491 · 0.03%
2023$153,374 · 0.03%
2022$134,958 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Illinois
Katten Muchin Rosenman LLP IL$793.3M · 0.04%
West Monroe Partners, Inc. IL$742.0M · 0.11%
A. T. Kearney, Inc. IL$698.2M · 0.00%
Jenner & Block LLP IL$624.1M · 0.02%
Vedder Price, P.C. IL$520.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363538416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.