Plan Ledger DOL Form 5500 · updated monthly

Sterling Computers Corporation401(k)

STERLING COMPUTERS RETIREMENT SAVINGS PLAN · NORTH SIOUX CITY, SD · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Sterling Computers Corporation reported $95,862 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $4,433 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 0.45% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 70th-largest of 233 plans among South Dakota employers on file, and the 1,072nd of 5,215 in retail trade. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,830,815
Participants with balances451
Active participants284
Employer contributions$1,258,965
Employee contributions$2,823,116
Employer contribution per active participant$4,433
Average account balance$63,926
Benefits paid to participants$2,746,532
Plan auditUnmodified (clean) audit opinion
AuditorGABRIEL BURGER ELSE CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 451 accts · $1.3M emplr
2023$23.3M · 421 accts · $1.2M emplr
2022$16.8M · 369 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,127
Investment management$36,735
Total administrative$95,862
The Sterling Computers Corporation 401(k) match · 2024
Employer contribution per active participant$4,433
Median for plans this size$2,416
2024$4,433 per active participant
2023$4,307 per active participant
2022$4,002 per active participant

Sterling Computers Corporation's 2024 employer contribution ran above the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$59,127
EDWARD JONES · Recordkeeping · Trustee$36,734
MESIROW FINANCIAL INVESTMENT MANAGE · Loan processingindirect 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
2024ADP, Edward Jones
2023ADP, Edward Jones

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Administrative cost history3
2024$95,862 · 0.37%
2023$83,473 · 0.42%
2022$78,530 · 0.45%
Same employer
Similar plansRetail Trade · South Dakota
Lewis Drugs, Inc. SD$56.1M · 0.33%
Riddle's Group, Inc. SD$40.5M · 0.14%
Furniture Mart USA, Inc. SD$34.6M · 0.16%
Vern Eide Motorcars SD$31.6M · 0.53%
Karl's, Inc. SD$24.2M
T Graham Companies SD$19.6M · 0.06%
Sioux Falls Ford, Inc. SD$15.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954634907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.