Plan Ledger DOL Form 5500 · updated monthly

Updike, Kelly & Spellacy, P.C.401(k)

UPDIKE, KELLY & SPELLACY, P.C. PROFIT SHARING PLAN · HARTFORD, CT · plan year 2022

Employer contribution per participant · 2022
$9,239

Updike, Kelly & Spellacy, P.C.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $55,885,403 across 84 participant accounts, with employer contributions averaging $9,239 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 288th-largest of 1,106 plans among Connecticut employers on file, and the 2,526th of 11,654 in professional & technical services. In 2022, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,885,403
Participants with balances84
Active participants71
Employer contributions$655,941
Employee contributions$966,983
Employer contribution per active participant$9,239
Average account balance$665,302
Benefits paid to participants$669,133
Plan auditUnmodified (clean) audit opinion
The Updike, Kelly & Spellacy, P.C. 401(k) match · 2022
Employer contribution per active participant$9,239
Median for plans this size$3,449

Updike, Kelly & Spellacy, P.C.'s 2022 employer contribution ran above the $3,449 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.

Similar plansProfessional & Technical Services · Connecticut
Icr, LLC CT$60.5M · 0.17%
Portfolio Advisors LLC CT$59.2M · 0.15%
Arvinas, Inc. CT$57.2M · 0.01%
Whittlesey PC CT$45.7M · 0.18%
Halloran & Sage, LLP CT$45.1M · 0.26%
The Lockwood Group, LLC CT$45.0M · 0.01%
Jcj Business Corp, Inc. CT$41.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060859435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.