Plan Ledger DOL Form 5500 · updated monthly

Steptoe & Johnson PLLC401(k)

STEPTOE & JOHNSON PLLC 401(K) PLAN · BRIDGEPORT, WV · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Steptoe & Johnson PLLC reported $249,110 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $8,925 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 0.18% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 9th-largest of 265 plans among West Virginia employers on file, and the 843rd of 11,654 in professional & technical services. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has grown from 590 to 724 since 2022.

Plan summary
Net assets, end of year$188,878,110
Participants with balances882
Active participants724
Employer contributions$6,461,439
Employee contributions$5,880,759
Employer contribution per active participant$8,925
Average account balance$214,148
Benefits paid to participants$11,357,982
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$188.9M · 882 accts · $6.5M emplr
2023$166.7M · 810 accts · $5.8M emplr
2022$142.7M · 739 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,440
Investment management$124,046
Total administrative$249,110
The Steptoe & Johnson PLLC 401(k) match · 2024
Employer contribution per active participant$8,925
Median for plans this size$3,635
2024$8,925 per active participant
2023$9,058 per active participant
2022$9,380 per active participant

Steptoe & Johnson PLLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 202410
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$110,440
GEOFFREY KORWAN/MORGAN STANLEY · Investment advisory (participants)$27,734
UNDRA J. JOHNSON · Investment advisory (participants)$25,225
RUSSELL DUNKIN · Investment advisory (participants)$23,498
JOSHUA YOUNG · Investment advisory (participants)$22,090
C. TODD MOLESSA · Investment advisory (participants)$13,010
LES WILKERSON · Investment advisory (participants)$9,371
TD AMERITRADE · Investment advisory (participants)$7,620
TERRY RAAB · Investment advisory (participants)$6,854
MATRIX TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$249,110 · 0.14%
2023$264,613 · 0.17%
2022$283,744 · 0.18%
Same employer
Similar plansProfessional & Technical Services · West Virginia
Lek Consulting LLC MA$190.2M · 0.04%
E2OPEN, LLC TX$189.5M · 0.02%
Qad Inc. CA$189.4M · 0.14%
Armstrong Teasdale LLP MO$188.9M · 0.04%
Workiva Inc. IA$188.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550286140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.