Spivey Service 401(k) match, vesting and fees
What Spivey Service'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 | Employee Fiduciary | 2023 Schedule C ↗ |
| Independent auditor | Baker Newman Noyes (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 289 defined-contribution plans in utilities with 100 to 499 participants.
| Spivey Service: employer contribution per participant | $1,333 | |
| Peer median | $3,629 |
| Spivey Service: average balance | $21,682 | |
| Peer median | $86,045 |
| Spivey Service: admin expenses ÷ assets | 0.17% | |
| Peer median | 0.26% |
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 $3.3M at the end of plan year 2023 to $2.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 179 | $2.3M | $140K | $1,333 | 0.17% | Not published | Form 5500 ↗ |
| 2023 | 163 | $3.3M | $165K | $1,385 | 0.23% | Not published | Form 5500 ↗ |
Common questions
Does Spivey Service match 401(k) contributions?
The match terms for the Spivey Rentals, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $140K in employer contributions, about $1,333 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Spivey Service 401(k) match vested?
The vesting schedule for the Spivey Rentals, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Spivey Service 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Employee Fiduciary. The plan administrator is Spivey Service Corp..
I left Spivey Service. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Spivey Service Corp., (757) 722-2533) or the recordkeeper, Employee Fiduciary. The Spivey Service old 401(k) page lists the contacts from every plan filing. Find an old Spivey Service 401(k)
Data from the public Form 5500 annual reports Spivey Service filed with the U.S. Department of Labor (plan years 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 Spivey Service. Not financial advice. Report a correction · Methodology