Plan Ledger DOL Form 5500 · updated monthly

Steinman Communications, Inc.401(k)

STEINMAN COMMUNICATIONS RETIREMENT SAVINGS PLAN · LANCASTER, PA · plan year 2023

Reported admin expense ratio · 2023
0.19%

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

Steinman Communications, Inc. reported $52,060 in plan administrative expenses for 2023: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,484 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 1 year on file its reported administrative ratio rose from 0.19% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 1,261st-largest of 3,651 plans among Pennsylvania employers on file, and the 835th of 2,199 in information & media. In 2023, employees put in $3.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,408,580
Participants with balances437
Active participants177
Employer contributions$262,735
Employee contributions$943,491
Employer contribution per active participant$1,484
Average account balance$62,720
Benefits paid to participants$7,359,827
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$27.0M · 402 accts · $390K emplr
2023$27.4M · 437 accts · $263K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,886
Investment management$13,174
Total administrative$52,060
The Steinman Communications, Inc. 401(k) match · 2023
Employer contribution per active participant$1,484
Median for plans this size$2,440
2024$2,352 per active participant
2023$1,484 per active participant

Steinman Communications, Inc.'s 2023 employer contribution ran below 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 · 20232
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$38,886
PNC BANK NATIONAL ASSOCIATION · Investment management$8,211

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

Administrative cost history2
2024$70,372 · 0.26%
2023$52,060 · 0.19%
Same employer
Similar plansInformation & Media · Pennsylvania
Farm Journal, Inc. PA$29.4M · 0.03%
Pencor Services, Inc. PA$29.0M · 0.52%
Witf, Inc. PA$28.4M · 0.31%
Freedompay, Inc. PA$27.6M · 0.41%
The Meet Group, Inc. PA$26.8M · 0.06%
J.W. Pepper & Son, Inc. PA$23.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813919520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.