Plan Ledger DOL Form 5500 · updated monthly

Stereotaxis, Inc.401(k)

STEREOTAXIS, INC. EMPLOYEES SAVINGS TRUST · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Stereotaxis, Inc. reported $67,220 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,191 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 rose from 0.40% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 665th-largest of 1,393 plans among Missouri employers on file, and the 6,607th of 13,661 in manufacturing. In 2024, employees put in $3.53 for every $1.00 the employer contributed; active participation has grown from 101 to 117 since 2022.

Plan summary
Net assets, end of year$16,843,978
Participants with balances140
Active participants117
Employer contributions$256,402
Employee contributions$904,904
Employer contribution per active participant$2,191
Average account balance$120,314
Benefits paid to participants$1,400,494
Plan auditUnmodified (clean) audit opinion
AuditorSFW PARTNERS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 140 accts · $256K emplr
2023$15.2M · 124 accts · $259K emplr
2022$14.5M · 126 accts · $254K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,220
Total administrative$67,220
The Stereotaxis, Inc. 401(k) match · 2024
Employer contribution per active participant$2,191
Median for plans this size$2,416
2024$2,191 per active participant
2023$2,638 per active participant
2022$2,516 per active participant

Stereotaxis, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
PLANCORP LLC · Investment advisory (plan)$39,654
BENEFIT PLANS PLUS, LLC · Contract administrator$7,412
EMPOWER ADVISORY GROUP, LLC · Investment management$817

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$67,220 · 0.42%
2023$60,672 · 0.41%
2022$60,374 · 0.40%
Same employer
Similar plansManufacturing · Missouri
Magnet, LLC MO$17.9M · 0.19%
Control Devices, LLC MO$17.7M · 0.67%
O'Fallon Casting, LLC MO$17.7M · 0.35%
American Pulverizer Company MO$16.6M · 0.46%
Alphapointe MO$16.2M · 0.06%
Positronic Industries, Inc. MO$16.1M · 0.50%
Clayton Corporation MO$16.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943120386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.