Plan Ledger DOL Form 5500 · updated monthly

Sterling-Rice Group, Inc.401(k)

STERLING-RICE GROUP, INC. 401(K) PROFIT SHARING PLAN · BOULDER, CO · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Sterling-Rice Group, Inc. reported $10,872 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,262 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 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 514th-largest of 1,461 plans among Colorado employers on file, and the 5,469th of 11,654 in professional & technical services. In 2024, employees put in $4.19 for every $1.00 the employer contributed; active participation has shrunk from 92 to 76 since 2022.

Plan summary
Net assets, end of year$20,439,250
Participants with balances146
Active participants76
Employer contributions$171,944
Employee contributions$720,615
Employer contribution per active participant$2,262
Average account balance$139,995
Benefits paid to participants$3,603,912
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 146 accts · $172K emplr
2023$20.3M · 166 accts · $26 emplr
2022$17.7M · 181 accts · $316K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,872
Total administrative$10,872
The Sterling-Rice Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,262
Median for plans this size$2,416
2024$2,262 per active participant
2023$0 per active participant
2022$3,439 per active participant

Sterling-Rice Group, 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 · 20241
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$10,872

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$10,872 · 0.05%
2023$5,221 · 0.03%
2022$7,434 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Colorado
dba Employers Council CO$20.8M · 0.08%
Monigle Associates, Inc. CO$20.6M · 0.13%
Norris Design, Inc. CO$20.5M · 0.23%
Aduro Advisors, LLC CO$20.3M · 0.24%
Zivaro, Inc. CO$20.2M · 0.37%
Adswerve, Inc. CO$19.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840930546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.