Plan Ledger DOL Form 5500 · updated monthly

Sterling Infrastructure, Inc.401(k)

STERLING INFRASTRUCTURE 401(K) PLAN. · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Sterling Infrastructure, Inc. reported $244,871 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,754 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 4 years on file its reported administrative ratio fell from 0.39% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 675th-largest of 5,688 plans among Texas employers on file, and the 635th of 5,337 in construction. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 2,225 to 2,492 since 2020.

Plan summary
Net assets, end of year$95,790,466
Participants with balances1,210
Active participants2,492
Employer contributions$4,371,158
Employee contributions$6,018,474
Employer contribution per active participant$1,754
Average account balance$79,166
Benefits paid to participants$9,145,914
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history5
Yearassets · accounts · employer contribution
2024$95.8M · 1,210 accts · $4.4M emplr
2023$83.6M · 1,231 accts · $4.0M emplr
2022$74.3M · 1,261 accts · $4.2M emplr
2021$85.7M · 1,299 accts · $4.3M emplr
2020$66.2M · 1,180 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$244,871
Total administrative$244,871
The Sterling Infrastructure, Inc. 401(k) match · 2024
Employer contribution per active participant$1,754
Median for plans this size$3,635
2024$1,754 per active participant
2023$1,389 per active participant
2022$1,861 per active participant
2021$1,911 per active participant
2020$1,713 per active participant

Sterling Infrastructure, Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$244,871
ALLIANT RETIREMENT CONSULTING · Investment advisory (plan)indirect comp

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

Administrative cost history5
2024$244,871 · 0.27%
2023$204,022 · 0.26%
2022$220,352 · 0.28%
2021$287,517 · 0.38%
2020$241,296 · 0.39%
Same employer
Similar plansConstruction · Texas
Fgi Group, Inc. TX$107.6M · 0.15%
Ccg Services, Inc. TX$106.0M · 0.16%
Orion TX$95.8M · 0.17%
E. E. Reed Co., LTD TX$89.5M · 0.01%
Brock Enterprises, LLC TX$88.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251655321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.