Plan Ledger DOL Form 5500 · updated monthly

Stepstone Group LP401(k)

STEPSTONE GROUP LP 401(K) RETIREMENT PLAN · LA JOLLA, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Stepstone Group LP reported $13,859 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,179 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 fell from 0.07% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 994th-largest of 9,483 plans among California employers on file, and the 992nd of 4,798 in finance & insurance. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has grown from 621 to 695 since 2022.

Plan summary
Net assets, end of year$100,977,519
Participants with balances954
Active participants695
Employer contributions$2,904,429
Employee contributions$8,208,517
Employer contribution per active participant$4,179
Average account balance$105,846
Benefits paid to participants$8,718,705
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$101.0M · 954 accts · $2.9M emplr
2023$83.0M · 866 accts · $2.2M emplr
2022$62.6M · 653 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,859
Total administrative$13,859
The Stepstone Group LP 401(k) match · 2024
Employer contribution per active participant$4,179
Median for plans this size$3,635
2024$4,179 per active participant
2023$3,541 per active participant
2022$3,542 per active participant

Stepstone Group LP's 2024 employer contribution ran above the $3,635 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 · 20242
TRANSAMERICA RET. SOLUTIONS, LLC · Recordkeeping · Loan processing$9,476
THE PARAGON ALLIANCE GROUP, LLC · Recordkeeping · Loan processing$4,678

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

Recordkeeper by year2
2024THE PARAGON ALLIANCE GROUP, LLC, Transamerica
2023THE PARAGON ALLIANCE GROUP, LLC, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,859 · 0.02%
2023$28,413 · 0.04%
2022$37,920 · 0.07%
Same employer
Similar plansFinance & Insurance · California
Redwood Credit Union CA$103.9M · 0.09%
Marqeta, Inc. CA$103.7M · 0.07%
Hellman & Friedman LLC CA$101.8M · 0.04%
Mission Federal Credit Union CA$100.7M · 0.15%
Safe Credit Union CA$97.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331156466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.