Plan Ledger DOL Form 5500 · updated monthly

The Springhill Company, LLC401(k)

THE SPRINGHILL COMPANY 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

The Springhill Company, LLC reported $57,571 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,004 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 0.81% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (5,021st of 9,483), and 1,396th of 2,199 in information & media. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 219 to 165 since 2022.

Plan summary
Net assets, end of year$11,763,696
Participants with balances235
Active participants165
Employer contributions$825,691
Employee contributions$1,503,743
Employer contribution per active participant$5,004
Average account balance$50,058
Benefits paid to participants$702,768
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 235 accts · $826K emplr
2023$8.6M · 223 accts · $838K emplr
2022$5.2M · 188 accts · $859K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,117
Investment management$34,454
Total administrative$57,571
The The Springhill Company, LLC 401(k) match · 2024
Employer contribution per active participant$5,004
Median for plans this size$2,416
2024$5,004 per active participant
2023$4,213 per active participant
2022$3,922 per active participant

The Springhill Company, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$23,117
MMA SECURITIES, LLC · Investment advisory (plan)$34,454

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$57,571 · 0.56%
2023$42,627 · 0.62%
2022$37,366 · 0.81%
Similar plansInformation & Media · California
Kentik Technologies, Inc. CA$12.3M · 0.02%
Afresh Technologies Inc CA$12.3M · 0.10%
Rigetti & Co, Inc. CA$11.9M · 0.12%
Viz.Ai, Inc. CA$11.8M
Hg Insights, Inc. CA$11.7M · 0.40%
Nozomi Networks, Inc CA$11.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850538033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.