401k Record

Employers › S.P. Richards

S.P. Richards 401(k)

Recordkeeping fees per participant · S.P. Richards 401(k) Retirement Plan · plan year 2024

$57.11

Higher than 40% of the 5,847 plans $50 to 250M that report it.

Source

= $80,976 / 1,418
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008213449NAL0003551683001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008213449NAL0003551683001, received 2025-10-08

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-08.

Cost and contributions

Administrative expenses excluding investment management, per participant

$57.11

10th: $16.21median $93.2090th: $246.84

Higher than 28% of the 8,758 plans $50 to 250M that report it.

Source

= $80,976 / 1,418
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008213449NAL0003551683001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008213449NAL0003551683001, received 2025-10-08

Administrative expenses per participant

$57.11

10th: $29.39median $132.8490th: $350.58

Higher than 19% of the 9,042 plans $50 to 250M that report it.

Source

= $80,976 / 1,418
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008213449NAL0003551683001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008213449NAL0003551683001, received 2025-10-08

Administrative expenses as a share of assets

0.121%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 45% of the 9,049 plans $50 to 250M that report it.

Source

= $80,976 / $66,767,703
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008213449NAL0003551683001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008213449NAL0003551683001, received 2025-10-08

Employer contributions per participant

$670

10th: $965median $2,73890th: $8,164

Higher than 6% of the 9,105 plans $50 to 250M that report it.

Source

= $949,417 / 1,418
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008213449NAL0003551683001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008213449NAL0003551683001, received 2025-10-08

Employer share of total contributions

15.2%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 9% of the 9,112 plans $50 to 250M that report it.

Source

= $949,417 / $6,260,627
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008213449NAL0003551683001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008213449NAL0003551683001, received 2025-10-08

Plan terms, as stated in S.P. Richards Co's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008213449NAL0003551683001, received 2025-10-08

Full record, S.P. Richards 401(k) Retirement Plan

FieldValueSource
Plan sponsorS.P. RICHARDS COMPANYForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008213449NAL0003551683001, received 2025-10-08
Plan nameS.P. RICHARDS 401(K) RETIREMENT PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251008213449NAL0003551683001, received 2025-10-08
Sponsor EIN / plan number58-1237213 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008213449NAL0003551683001, received 2025-10-08
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008213449NAL0003551683001, received 2025-10-08
Sponsor locationATLANTA, GAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008213449NAL0003551683001, received 2025-10-08
Industry (business code)424100, Wholesale tradeForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008213449NAL0003551683001, received 2025-10-08
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008213449NAL0003551683001, received 2025-10-08
Filing received2025-10-08Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008213449NAL0003551683001, received 2025-10-08
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008213449NAL0003551683001, received 2025-10-08
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251008213449NAL0003551683001, received 2025-10-08
Participants, beginning of year1,590Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008213449NAL0003551683001, received 2025-10-08
Active participants1,235Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008213449NAL0003551683001, received 2025-10-08
Participants, end of year1,507Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008213449NAL0003551683001, received 2025-10-08
Participants with an account balance1,418Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008213449NAL0003551683001, received 2025-10-08
Total assets, beginning of year$63,763,113Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008213449NAL0003551683001, received 2025-10-08
Total assets, end of year$66,767,703Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008213449NAL0003551683001, received 2025-10-08
Net assets, end of year$66,767,703Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008213449NAL0003551683001, received 2025-10-08
Total income$14,032,277Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008213449NAL0003551683001, received 2025-10-08
Net income$3,004,590Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008213449NAL0003551683001, received 2025-10-08
Employer contributions$949,417Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008213449NAL0003551683001, received 2025-10-08
Participant contributions$4,354,746Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008213449NAL0003551683001, received 2025-10-08
Other contributions (incl. rollovers)$956,464Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008213449NAL0003551683001, received 2025-10-08
Total contributions$6,260,627Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008213449NAL0003551683001, received 2025-10-08
Benefit payments$10,946,711Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008213449NAL0003551683001, received 2025-10-08
Total expenses (incl. benefit payments)$11,027,687Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008213449NAL0003551683001, received 2025-10-08
Total administrative expenses$80,976Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008213449NAL0003551683001, received 2025-10-08
Recordkeeping fees$80,976Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008213449NAL0003551683001, received 2025-10-08
Administrative expenses excluding investment management$80,976derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008213449NAL0003551683001, received 2025-10-08
Held in common/collective trusts$50,226,157Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008213449NAL0003551683001, received 2025-10-08
Held in mutual funds$13,377,208Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008213449NAL0003551683001, received 2025-10-08
Independent auditorCROWE LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008213449NAL0003551683001, received 2025-10-08

Position = column in the DOL layout for form year 2024. Filing 20251008213449NAL0003551683001, received 2025-10-08.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
THE VANGUARD GROUP, INC.recordkeeperNONE 99 Other fees; 15 Recordkeeping and information management; 64 Recordkeeping fees; 37 Participant loan processing; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 68 Soft dollars commissions $80,976yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251008213449NAL0003551683001, received 2025-10-08.

What changed since the 2023 plan year

Figure20232024Change
Total assets$63,763,113$66,767,7034.7%
Participants with a balance1,5211,418-6.8%
Administrative expenses$84,984$80,976-4.7%
Recordkeeping fees per participant$55.87$57.112.2%
Employer contributions$1,038,794$949,417-8.6%

Prior filing 20241014141305NAL0027524097001, received 2024-10-14; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: S.P. RICHARDS COMPANY; SEC registrant: S.P. Richards Co (CIK 1813424, matched by EIN).