Plan Ledger DOL Form 5500 · updated monthly

Stein Industries, Inc.401(k)

STEIN INDUSTRIES, INC. 401(K) AND PROFIT SHARING PLAN · BROOKLYN PARK, MN · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Stein Industries, Inc. reported $57,162 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,631 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 0.28% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 941st-largest of 1,918 plans among Minnesota employers on file, and the 1,586th of 5,215 in retail trade. In 2024, employees put in $4.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,483,871
Participants with balances198
Active participants143
Employer contributions$233,262
Employee contributions$1,103,250
Employer contribution per active participant$1,631
Average account balance$93,353
Benefits paid to participants$1,165,423
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 198 accts · $233K emplr
2023$15.9M · 199 accts · $214K emplr
2022$13.6M · 207 accts · $237K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,939
Investment management$20,223
Total administrative$57,162
The Stein Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,631
Median for plans this size$2,416
2024$1,631 per active participant
2023$1,475 per active participant
2022$1,517 per active participant

Stein Industries, Inc.'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,952
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$15,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,210

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$57,162 · 0.33%
2023$47,200 · 0.32%
2022$42,721 · 0.28%
Same employer
Similar plansRetail Trade · Minnesota
Kowalski Companies, Inc. MN$19.9M · 0.01%
Schuler Shoes, Inc. MN$18.8M · 0.57%
Innovative Office Solutions MN$18.7M · 0.33%
Littfin Lumber Company MN$18.1M · 0.31%
Mackin Book Company MN$18.0M · 0.30%
Trafera, LLC MN$17.4M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390977289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.