Plan Ledger DOL Form 5500 · updated monthly

Sterling Jewelers Inc.401(k)

SIGNET JEWELERS RETIREMENT SAVINGS PLAN · AKRON, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Sterling Jewelers Inc. reported $1,045,105 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $537 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 3 years on file its reported administrative ratio has held roughly steady near 0.147%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 80th-largest of 3,295 plans among Ohio employers on file, and the 87th of 5,215 in retail trade. In 2024, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$742,061,989
Participants with balances11,417
Active participants24,148
Employer contributions$12,978,393
Employee contributions$40,829,026
Employer contribution per active participant$537
Average account balance$64,996
Benefits paid to participants$89,181,376
Plan auditUnmodified (clean) audit opinion
AuditorBOBER MARKEY FEDOROVICH & COMPA
Plan history3
Yearassets · accounts · employer contribution
2024$742.1M · 11,417 accts · $13.0M emplr
2023$683.2M · 11,633 accts · $13.4M emplr
2022$560.9M · 11,181 accts · $13.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$903,499
Investment management$118,406
Audit (IQPA)$22,000
Total administrative$1,045,105
The Sterling Jewelers Inc. 401(k) match · 2024
Employer contribution per active participant$537
Median for plans this size$4,294
2024$537 per active participant
2023$550 per active participant
2022$527 per active participant

Sterling Jewelers Inc.'s 2024 employer contribution ran below the $4,294 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$903,499
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$118,406
BOBER MARKEY FEDOROVICH & COMPANY · Legal · Accounting / audit$22,000
QDRO CONSULTANTS COMPANY, LLC · Consulting$1,200

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$1,045,105 · 0.15%
2023$931,649 · 0.15%
2022$894,528 · 0.15%
Similar plansRetail Trade · Ohio
7-ELEVEN, Inc. OH$1.0B · 0.17%
Vs Service Company, LLC OH$892.5M · 0.17%
Speedway LLC OH$886.9M · 0.12%
Abercrombie & Fitch Co. OH$487.7M · 0.08%
Big Lots, Inc. OH$333.4M · 0.18%
Designer Brands Inc. OH$241.8M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 273967537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.