Spencer Gifts 401(k) match, vesting and fees
What Spencer Gifts' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Geltrude & Company,llc (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 479 defined-contribution plans in retail trade with 1,000 to 4,999 participants.
| Spencer Gifts: employer contribution per participant | $2,744 | |
| Peer median | $1,023 |
| Spencer Gifts: average balance | $47,909 | |
| Peer median | $43,395 |
| Spencer Gifts: admin expenses ÷ assets | 0.28% | |
| Peer median | 0.23% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $35.8M at the end of plan year 2021 to $71M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,381 | $71M | $4.1M | $2,744 | 0.28% | Not published | Form 5500 ↗ |
| 2023 | 3,994 | $54.2M | $3.9M | $3,001 | 0.30% | Not published | Form 5500 ↗ |
| 2022 | 3,374 | $38M | $3.5M | $3,062 | 0.27% | Not published | Form 5500 ↗ |
| 2021 | 3,039 | $35.8M | $1.1M | $1,295 | 0.26% | Not published | Form 5500 ↗ |
Other Spencer Gifts plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Spencer Gifts LLC Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Geltrude and Company LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Spencer Gifts match 401(k) contributions?
The match terms for the Spencer Gifts LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $4.1M in employer contributions, about $2,744 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Spencer Gifts 401(k) match vested?
The vesting schedule for the Spencer Gifts LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Spencer Gifts 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Spencer Gifts LLC.
I left Spencer Gifts. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Spencer Gifts LLC, (609) 645-5660) or the recordkeeper, Principal Life Insurance Company. The Spencer Gifts old 401(k) page lists the contacts from every plan filing. Find an old Spencer Gifts 401(k)
Data from the public Form 5500 annual reports Spencer Gifts filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Spencer Gifts. Not financial advice. Report a correction · Methodology