Plan Ledger DOL Form 5500 · updated monthly

Stellar Innovations & Solution401(k)

STELLAR INNOVATIONS & SOLUTION 401(K) PROFIT SHARING PLAN AND TRUST · MORAINE, OH · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Stellar Innovations & Solution reported $53,911 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,031 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 3 years on file its reported administrative ratio has held roughly steady near 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,328th of 3,295), and 10,275th of 13,661 in manufacturing. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,815,531
Participants with balances132
Active participants174
Employer contributions$353,339
Employee contributions$759,722
Employer contribution per active participant$2,031
Average account balance$51,633
Benefits paid to participants$746,687
Plan auditUnmodified (clean) audit opinion
AuditorMANNING & ASSOCIATES CPAS LLC
Plan history2
Yearassets · accounts · employer contribution
2024$6.8M · 132 accts · $353K emplr
2022$4.0M · 92 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,911
Total administrative$53,911
The Stellar Innovations & Solution 401(k) match · 2024
Employer contribution per active participant$2,031
Median for plans this size$1,313
2024$2,031 per active participant
2022$1,597 per active participant

Stellar Innovations & Solution's 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,522
BENEFIT PLANS PLUS LLC · Contract administrator · Other services$4,389
RIGHTWEALTH ADVISORS LLC · 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 history2
2024$53,911 · 0.89%
2022$38,771 · 0.92%
Same employer
Similar plansManufacturing · Ohio
Mullet Cabinet, Inc. OH$6.9M · 0.61%
Ohio Steel Industries OH$6.9M · 0.66%
Pleasant Valley Trailers OH$6.7M · 0.65%
Venture Plastics, Inc. OH$6.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264405005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.