Plan Ledger DOL Form 5500 · updated monthly

Stepping Stones Healthcare Services, LLC401(k)

THE STEPPING STONES GROUP RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Stepping Stones Healthcare Services, LLC reported $855,603 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 0.93%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 416th-largest of 2,726 plans among Massachusetts employers on file, and the 1,071st of 11,911 in health care & social assistance. active participation has grown from 8,184 to 14,977 since 2022.

Plan summary
Net assets, end of year$104,028,266
Participants with balances12,808
Active participants14,977
Employer contributions$0
Employee contributions$20,400,837
Employer contribution per active participant$0
Average account balance$8,122
Benefits paid to participants$13,898,315
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$104.0M · 12,808 accts
2023$80.8M · 10,693 accts
2022$57.6M · 7,979 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$596,467
Investment management$259,136
Total administrative$855,603
The Stepping Stones Healthcare Services, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

Stepping Stones Healthcare Services, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$596,467
CREATIVE PLANNING LLC · Investment advisory (plan)$258,945

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$855,603 · 0.93%
2023$674,635 · 0.97%
2022$564,488 · 0.95%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Benchmark Senior Living LLC MA$94.9M · 0.48%
Everbridge, Inc. MA$92.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465522100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.