Plan Ledger DOL Form 5500 · updated monthly

Steadfast Investment Properties, Inc.401(k)

STEADFAST 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Steadfast Investment Properties, Inc. reported $165,144 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,515 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 rose from 0.73% to 0.82%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 3,541st-largest of 9,483 plans among California employers on file, and the 1,976th of 5,337 in construction. In 2024, employees put in $3.33 for every $1.00 the employer contributed; active participation has shrunk from 157 to 121 since 2022.

Plan summary
Net assets, end of year$20,709,786
Participants with balances327
Active participants121
Employer contributions$304,335
Employee contributions$1,013,543
Employer contribution per active participant$2,515
Average account balance$63,333
Benefits paid to participants$2,500,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 327 accts · $304K emplr
2023$19.3M · 556 accts · $201K emplr
2022$16.8M · 593 accts · $323K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,840
Investment management$31,304
Total administrative$165,144
The Steadfast Investment Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$2,515
Median for plans this size$2,416
2024$2,515 per active participant
2023$1,794 per active participant
2022$2,058 per active participant

Steadfast Investment Properties, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$133,840
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$31,137
KESTRA INVESTMENT SERVICES LLC · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$165,144 · 0.82%
2023$145,730 · 0.81%
2022$137,594 · 0.73%
Same employer
Similar plansConstruction · California
Geo Services, LLC CA$21.6M · 0.17%
The Nevell Group, Inc. CA$21.5M · 0.36%
Vasko Electric, Inc. CA$20.4M · 0.53%
Arizona Pipeline Company CA$20.3M · 0.62%
Baker Electric, Inc. CA$20.3M · 0.69%
Trumark Companies LLC CA$20.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202114294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.