Plan Ledger DOL Form 5500 · updated monthly

S Tec Group Inc401(k) + ESOP (KSOP)

S TEC GROUP, INC. 401K EMPLOYEE STOCK OWNERSHIP PLAN · HAMMOND, IN · plan year 2024

Reported admin expense ratio · 2024
0.28%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

S Tec Group Inc reported $113,090 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $10,922 per active participant. 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 2 years on file its reported administrative ratio fell from 0.30% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 330th-largest of 1,562 plans among Indiana employers on file, and the 3,176th of 11,654 in professional & technical services. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$42,114,497
Participants with balances233
Active participants130
Employer contributions$1,419,809
Employee contributions$1,005,360
Employer contribution per active participant$10,922
Average account balance$180,749
Benefits paid to participants$3,089,825
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$42.1M · 233 accts · $1.4M emplr
2023$37.9M · 241 accts · $1.1M emplr
2022$30.5M · 239 accts · $915K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,924
Investment management$29,988
Audit (IQPA)$10,848
Total administrative$113,090
The S Tec Group Inc 401(k) match · 2024
Employer contribution per active participant$10,922
Median for plans this size$2,416
2024$10,922 per active participant
2023$7,721 per active participant
2022$7,148 per active participant

S Tec Group Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$59,924
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,493
WEALTH ADVISORY SERVICES, LLC · Investment advisory (plan)$12,495
CROWE · Accounting / audit · Actuarial$10,848
COMSTOCK ADVISORS · Valuation$10,836

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

Administrative cost history3
2024$113,090 · 0.28%
2023$101,542 · 0.30%
2022$95,489 · 0.30%
Similar plansProfessional & Technical Services · Indiana
The Ame Group IN$49.0M
Lochmueller Group, Inc. IN$48.9M · 0.20%
Abo Leasing Corporation IN$40.9M · 0.26%
Verista, Inc. IN$39.2M · 0.32%
Beam Longest Neff Inc. IN$37.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351071237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.