Plan Ledger DOL Form 5500 · updated monthly

Steelman Partners, LLP401(k)

STEELMAN PARTNERS, LLP 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Steelman Partners, LLP reported $63,124 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,033 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 0.59% to 0.47%. 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 156th-largest of 437 plans among Nevada employers on file, and 6,672nd of 11,654 in professional & technical services. In 2024, employees put in $3.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,606,655
Participants with balances174
Active participants120
Employer contributions$243,910
Employee contributions$825,133
Employer contribution per active participant$2,033
Average account balance$83,946
Benefits paid to participants$508,221
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 174 accts · $244K emplr
2023$12.2M · 163 accts · $248K emplr
2022$8.7M · 155 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,968
Investment management$45,156
Total administrative$63,124
The Steelman Partners, LLP 401(k) match · 2024
Employer contribution per active participant$2,033
Median for plans this size$2,416
2024$2,033 per active participant
2023$2,195 per active participant
2022$1,367 per active participant

Steelman Partners, LLP's 2024 employer contribution ran below 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$17,968
MORGAN STANLEY GLOBAL · Investment advisory (plan)$45,156

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,124 · 0.47%
2023$60,575 · 0.58%
2022$58,519 · 0.59%
Similar plansProfessional & Technical Services · Nevada
Playstudios US, LLC NV$17.4M · 0.21%
Neil Patel Digital NV$13.6M · 0.42%
Fiume Capital NV$13.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261635855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.