Plan Ledger DOL Form 5500 · updated monthly

Sterling Capital Management LLC401(k)

STERLING CAPITAL 401(K) SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Sterling Capital Management LLC reported $2,251 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,320 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.

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 220th-largest of 2,005 plans among North Carolina employers on file, and the 1,062nd of 4,798 in finance & insurance. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$92,827,695
Participants with balances181
Active participants215
Employer contributions$283,875
Employee contributions$565,637
Employer contribution per active participant$1,320
Average account balance$512,860
Benefits paid to participants$809,866
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$331
Investment management$1,920
Total administrative$2,251
The Sterling Capital Management LLC 401(k) match · 2024
Employer contribution per active participant$1,320
Median for plans this size$3,635

Sterling Capital Management 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$481

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

Administrative cost history1
2024$2,251 · 0.00%
Same employer
Similar plansFinance & Insurance · North Carolina
Lendingtree, Inc. NC$107.4M · 0.19%
Hometrust Bancshares, Inc. NC$100.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421658828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.