Plan Ledger DOL Form 5500 · updated monthly

Steiner Real Estate Services401(k)

THE STEINER 401(K) PLAN · COLUMBUS, OH · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Steiner Real Estate Services reported $3,071 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,905 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 0.03% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Ohio (1,901st of 3,295), and 1,049th of 2,096 in real estate & leasing. In 2023, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,051,606
Participants with balances124
Active participants75
Employer contributions$217,896
Employee contributions$624,498
Employer contribution per active participant$2,905
Average account balance$89,126
Benefits paid to participants$1,607,560
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 125 accts · $208K emplr
2023$11.1M · 124 accts · $218K emplr
2022$9.9M · 129 accts · $228K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,071
Total administrative$3,071
The Steiner Real Estate Services 401(k) match · 2023
Employer contribution per active participant$2,905
Median for plans this size$2,440
2024$2,102 per active participant
2023$2,905 per active participant
2022$3,124 per active participant

Steiner Real Estate Services's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,071

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$5,043 · 0.05%
2023$3,071 · 0.03%
2022$3,989 · 0.03%
Same employer
Similar plansReal Estate & Leasing · Ohio
A & a Safety, Inc. OH$12.6M · 0.62%
Budget Dumpster OH$12.4M · 0.58%
Petland, Inc. OH$10.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263821423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.