Plan Ledger DOL Form 5500 · updated monthly

Sbux Management Associates, LLC401(k)

SBUX MANAGEMENT ASSOCIATES, LLC 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
4.18%

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

Sbux Management Associates, LLC reported $95,085 in plan administrative expenses for 2024: 4.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,435 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 1 year on file its reported administrative ratio fell from 6.62% to 4.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Indiana (1,370th of 1,562), and 1,811th of 2,096 in real estate & leasing. In 2024, employees put in $1.20 for every $1.00 the employer contributed; active participation has shrunk from 677 to 175 since 2023.

Plan summary
Net assets, end of year$2,364,888
Participants with balances789
Active participants175
Employer contributions$251,085
Employee contributions$302,127
Employer contribution per active participant$1,435
Average account balance$2,997
Benefits paid to participants$563,166
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2025— · $4K emplr
2024$2.4M · 789 accts · $251K emplr
2023$2.2M · 927 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,822
Investment management$14,263
Total administrative$95,085
The Sbux Management Associates, LLC 401(k) match · 2024
Employer contribution per active participant$1,435
Median for plans this size$1,313
2024$1,435 per active participant
2023$315 per active participant

Sbux Management Associates, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20242
INSPERITY RETIREMENT SERVICES · Recordkeeping · Loan processing$73,205
WILSHIRE ASSOCIATES · Consulting · Investment advisory (participants)$14,263

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

Recordkeeper by year3
2025INSPERITY RETIREMENT SERVICES
2024INSPERITY RETIREMENT SERVICES
2023INSPERITY RETIREMENT SERVICES

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Administrative cost history3
2025Not separately reported
2024$95,085 · 4.18%
2023$74,770 · 6.62%
Similar plansReal Estate & Leasing · Indiana
Velox Valuations LLC IN$3.0M · 0.81%
M & J Management Co LLC IN$1.2M · 0.37%
Sh Staffing LLC IN$530K · 1.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920457172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.