Plan Ledger DOL Form 5500 · updated monthly

Stc Management Group, LLC401(k)

STC MANAGEMENT GROUP, LLC 401(K) RETIREMENT SAVINGS PLAN · ELIZABETHTOWN, KY · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Stc Management Group, LLC reported $106,095 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $400 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 0.78% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 303rd-largest of 871 plans among Kentucky employers on file, and the 1,091st of 3,341 in other services. In 2024, employees put in $3.82 for every $1.00 the employer contributed; active participation has grown from 790 to 1,504 since 2022.

Plan summary
Net assets, end of year$18,994,673
Participants with balances2,360
Active participants1,504
Employer contributions$601,125
Employee contributions$2,297,428
Employer contribution per active participant$400
Average account balance$8,049
Benefits paid to participants$1,344,558
Plan auditUnmodified (clean) audit opinion
AuditorMATHER AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 2,360 accts · $601K emplr
2023$15.2M · 968 accts · $337K emplr
2022$12.2M · 1,498 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,095
Investment management$20,000
Total administrative$106,095
The Stc Management Group, LLC 401(k) match · 2024
Employer contribution per active participant$400
Median for plans this size$2,416
2024$400 per active participant
2023$410 per active participant
2022$566 per active participant

Stc Management Group, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
FIFTH THIRD BANK · Investment advisory (plan)$20,000

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$106,095 · 0.62%
2023$83,967 · 0.61%
2022$99,553 · 0.78%
Same employer
Similar plansOther Services · Kentucky
Community Action Council KY$22.3M · 0.03%
Shelbyville Laundry Inc. KY$19.8M · 0.64%
Sayre School KY$19.1M · 0.58%
S & S Firestone, Inc. KY$17.0M · 0.53%
Airway Group LLC KY$13.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201717964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.