Plan Ledger DOL Form 5500 · updated monthly

Stefanini401(k)

STEFANINI RETIREMENT SAVINGS PLAN · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Stefanini reported $128,053 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $964 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 0.14% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 393rd-largest of 2,619 plans among Michigan employers on file, and the 2,069th of 11,654 in professional & technical services. In 2024, employees put in $5.43 for every $1.00 the employer contributed; active participation has shrunk from 1,193 to 977 since 2022.

Plan summary
Net assets, end of year$69,680,638
Participants with balances1,455
Active participants977
Employer contributions$941,448
Employee contributions$5,108,941
Employer contribution per active participant$964
Average account balance$47,890
Benefits paid to participants$6,289,754
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$69.7M · 1,455 accts · $941K emplr
2023$61.1M · 1,623 accts · $973K emplr
2022$51.5M · 1,635 accts · $805K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,019
Investment management$50,034
Total administrative$128,053
The Stefanini 401(k) match · 2024
Employer contribution per active participant$964
Median for plans this size$3,635
2024$964 per active participant
2023$833 per active participant
2022$675 per active participant

Stefanini's 2024 employer contribution ran below the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$78,019
BANK OF AMERICA N.A. · Investment advisory (plan)$50,034

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

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

Administrative cost history3
2024$128,053 · 0.20%
2023$113,724 · 0.20%
2022$78,825 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Michigan
Brooks Kushman P.C. MI$76.0M · 0.09%
Msx International Rns, LLC MI$70.4M · 0.17%
Benesys, Inc. MI$70.1M · 0.21%
Hirotec America, Inc. MI$67.9M · 0.03%
Workforce Software, LLC MI$67.4M · 0.04%
Progressive Ae, Inc. MI$63.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382774613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.