Plan Ledger DOL Form 5500 · updated monthly

S.T. Management Group401(k)

S.T. MANAGEMENT GROUP 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
3.54%

S.T. Management Group reported $8,918 in plan administrative expenses for 2024: 3.54% of average plan assets, higher than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 7.81% to 3.54%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,511th of 5,648), and 11,497th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$302,102
Participants with balances100
Active participants109
Employer contributions—
Employee contributions$164,927
Employer contribution per active participant—
Average account balance$3,021
Benefits paid to participants$84,372
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$302K · 100 accts
2023$201K · 118 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,918
Total administrative$8,918
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$8,918

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$8,918 · 3.54%
2023$12,564 · 7.81%
Similar plansProfessional & Technical Services · New York
Bentobox Cms, Inc. NY$367K · 0.39%
Lyle Press, P.C. NY$337K · 0.64%
Donia, LLC NY$300K · 1.02%
Chapin Intl Inc NY$266K · 3.37%
Cater Lady Nyc LLC NY$232K · 6.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134075217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.