Plan Ledger DOL Form 5500 · updated monthly

Steven Scott Management, Inc.401(k)

STEVEN SCOTT RETIREMENT SAVINGS PLAN · ST. LOUIS PARK, MN · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Steven Scott Management, Inc. reported $142,472 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,238 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 0.83%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 952nd-largest of 1,918 plans among Minnesota employers on file, and the 733rd of 2,096 in real estate & leasing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 470 to 400 since 2022.

Plan summary
Net assets, end of year$18,078,069
Participants with balances180
Active participants400
Employer contributions$495,223
Employee contributions$1,013,105
Employer contribution per active participant$1,238
Average account balance$100,434
Benefits paid to participants$2,076,557
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 180 accts · $495K emplr
2023$16.2M · 190 accts · $457K emplr
2022$14.0M · 184 accts · $416K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,418
Investment management$42,054
Total administrative$142,472
The Steven Scott Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,238
Median for plans this size$2,416
2024$1,238 per active participant
2023$968 per active participant
2022$885 per active participant

Steven Scott Management, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
STILES FINANCIAL SERVICES INC · Investment advisory (plan)$41,987
ADVISED ASSETS GROUP, LLC · Investment management$67

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$142,472 · 0.83%
2023$126,224 · 0.84%
2022$120,234 · 0.80%
Same employer
Similar plansReal Estate & Leasing · Minnesota
Smarte Carte, Inc. MN$30.2M · 0.25%
Marsden Services, L.L.C. MN$21.9M · 0.60%
Commonbond Communities MN$20.4M · 0.34%
Bigos Management, Inc. MN$18.3M · 0.52%
Timberland Partners, Inc. MN$16.9M · 0.21%
SA Support Services, Inc. MN$12.5M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411719493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.