Plan Ledger DOL Form 5500 · updated monthly

Steinberg Hart401(k)

STEINBERG HART 401(K) PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Steinberg Hart reported $86,557 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $12,716 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 0.25% to 0.26%. 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 2,350th-largest of 9,483 plans among California employers on file, and the 3,634th of 11,654 in professional & technical services. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has shrunk from 141 to 103 since 2022.

Plan summary
Net assets, end of year$35,540,264
Participants with balances204
Active participants103
Employer contributions$1,309,776
Employee contributions$1,361,604
Employer contribution per active participant$12,716
Average account balance$174,217
Benefits paid to participants$1,817,833
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS, HORSFALL, MURPHY & PINDROTH
Plan history3
Yearassets · accounts · employer contribution
2024$35.5M · 204 accts · $1.3M emplr
2023$30.7M · 218 accts · $1.0M emplr
2022$26.4M · 236 accts · $783K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,557
Total administrative$86,557
The Steinberg Hart 401(k) match · 2024
Employer contribution per active participant$12,716
Median for plans this size$2,416
2024$12,716 per active participant
2023$8,797 per active participant
2022$5,557 per active participant

Steinberg Hart's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$84,406
NATIONAL BENEFIT SERVICES, LLC · Contract administrator · Other services$3,150
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)indirect comp

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$86,557 · 0.26%
2023$75,256 · 0.26%
2022$68,635 · 0.25%
Same employer
Similar plansProfessional & Technical Services · California
Apercen Partners LLC CA$35.7M · 0.31%
Jack Nadel, Inc. CA$35.7M · 0.28%
Momenta, Inc. CA$35.6M · 0.11%
Bradford & Barthel, LLP CA$35.6M · 0.01%
Videoamp, Inc. CA$35.4M · 0.06%
Ac Martin, Inc. CA$35.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941686108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.