Spend Life Wisely 401(k) match, vesting and fees
What Spend Life Wisely's 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 | Bokf, NA | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 214 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Spend Life Wisely: employer contribution per participant | $2,544 | |
| Peer median | $3,266 |
| Spend Life Wisely: average balance | $139,002 | |
| Peer median | $137,177 |
| Spend Life Wisely: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.08% |
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 $281M at the end of plan year 2021 to $402M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 2,907 | $402M | $7.4M | $2,544 | 0.03% | Not published | Form 5500 ↗ |
| 2024 | 2,596 | $363M | $7.1M | $2,755 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 2,688 | $325M | $9.2M | $3,459 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 2,603 | $317M | $7.1M | $2,765 | 0.06% | Not published | Form 5500 ↗ |
| 2021 | 2,341 | $281M | $4.4M | $1,890 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Spend Life Wisely match 401(k) contributions?
The match terms for the Spend Life Wisely Company, Inc. Employee Stock Ownership Plan With 401(k) Features have not been published from its filing yet. The plan year 2025 filing reports $7.4M in employer contributions, about $2,544 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Spend Life Wisely 401(k) match vested?
The vesting schedule for the Spend Life Wisely Company, Inc. Employee Stock Ownership Plan With 401(k) Features is not in the data published so far. Your Summary Plan Description states it.
Who manages the Spend Life Wisely 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Bokf, NA. The plan administrator is Spend Life Wisely Company, Inc..
I left Spend Life Wisely. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Spend Life Wisely Company, Inc., (580) 924-2211) or the recordkeeper, Bokf, NA. The Spend Life Wisely old 401(k) page lists the contacts from every plan filing. Find an old Spend Life Wisely 401(k)
Data from the public Form 5500 annual reports Spend Life Wisely filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Spend Life Wisely. Not financial advice. Report a correction · Methodology