Retirement plan

SPIRE EMPLOYEE SAVINGS PLAN

Name: SPIRE SERVICES INC. - SPIRE EMPLOYEE SAVINGS PLAN (2024) Form 5500
Creator: SPIRE SERVICES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPIRE EMPLOYEE SAVINGS PLAN, SPIRE SERVICES INC.

SPIRE SERVICES INC.EIN 47-4582725Plan #009PY 2024

700 MARKET STREET 5TH FLOOR - ST. LOUIS, MO 631011829314-342-0739

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$688.6M

+7.7% from 2023

Total participants

4,017

-2.3% from 2023

Average account balance

$174,031

+10.1% from 2023

Annual return

14.54%

-1.98 pp from 2023

Benchmarks

See 70 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants1,000-4,999

Cohort70 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$688.64M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$174K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

3,957

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.54%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$57

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Filed as: FIDELITY INVESTMENT INST. OPS. CO Service code 37 · EIN 04-2647786	Loan Processing	$111,708
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$93,875
FID INV INST OPS CO1 year Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2F2G2J2O

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$225K

$65 / participant

Recordkeeping$112K49.7%
Investment mgmt$113K50.3%

% of EOY assets

0.033%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$174,031

$188,991-7.9%

$103,447+68.2%

$199,921-13.0%

Participation rate

98.3%

93.2%+5.1pp

80.5%+17.7pp

72.0%+26.3pp

Annual return

14.54%

15.75%-1.2pp

23.92%-9.4pp

34.28%-19.7pp

Employer contribution / active EE

$4,781

$6,583-27.4%

$4,678+2.2%

$3,035+57.5%

Participant deferral / active EE

$9,017

$10,334-12.7%

$6,624+36.1%

$5,089+77.2%

Admin fee / account holder

$57

$114-50.3%

$9,415-99.4%

$269-78.9%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Filed as: FIDELITY INVESTMENT INST. OPS. CO

Service code 37 · EIN 04-2647786

Loan Processing

$111,708

STRATEGIC ADVISORS, INC.7 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$93,875

FID INV INST OPS CO1 year

Service code 60

Sub-TA Fees

SPIRE EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPIRE EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion