Plan Ledger DOL Form 5500 · updated monthly

Steven Madden LTD.401(k)

STEVE MADDEN 401(K) · LONG ISLAND CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Steven Madden LTD. reported $220,138 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $943 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 0.01% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 663rd-largest of 5,648 plans among New York employers on file, and the 350th of 4,246 in wholesale trade. In 2024, employees put in $3.59 for every $1.00 the employer contributed; active participation has grown from 1,265 to 2,389 since 2022.

Plan summary
Net assets, end of year$124,966,063
Participants with balances1,057
Active participants2,389
Employer contributions$2,253,367
Employee contributions$8,096,849
Employer contribution per active participant$943
Average account balance$118,227
Benefits paid to participants$6,784,301
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$125.0M · 1,057 accts · $2.3M emplr
2023$100.4M · 1,000 accts · $2.0M emplr
2022$83.5M · 900 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,014
Investment management$138,124
Total administrative$220,138
The Steven Madden LTD. 401(k) match · 2024
Employer contribution per active participant$943
Median for plans this size$3,635
2024$943 per active participant
2023$1,544 per active participant
2022$1,484 per active participant

Steven Madden LTD.'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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$138,124
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$82,014

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

Administrative cost history3
2024$220,138 · 0.20%
2023$116,391 · 0.13%
2022$6,928 · 0.01%
Same employer
Similar plansWholesale Trade · New York
Nikon Inc. NY$134.9M · 0.05%
Fast Retailing USA, Inc NY$115.5M · 0.26%
Ivoclar Vivadent, Inc. NY$114.2M · 0.01%
Subaru Distributors Corp NY$101.0M · 0.10%
Campari America NY$97.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133588231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.