Plan Ledger DOL Form 5500 · updated monthly

Stevens Aerospace and Defense Systems, LLC401(k)

STEVENS AEROSPACE AND DEFENSE SYSTEMS LLC 401(K) SAVINGS AND RETIREMENT PLAN · CONESTEE, SC · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Stevens Aerospace and Defense Systems, LLC reported $61,646 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,661 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 fell from 0.34% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 272nd-largest of 807 plans among South Carolina employers on file, and the 738th of 2,677 in transportation & warehousing. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,005,949
Participants with balances455
Active participants298
Employer contributions$495,070
Employee contributions$1,264,170
Employer contribution per active participant$1,661
Average account balance$43,969
Benefits paid to participants$2,612,415
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 455 accts · $495K emplr
2023$18.5M · 432 accts · $459K emplr
2022$16.1M · 431 accts · $422K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,346
Investment management$9,300
Total administrative$61,646
The Stevens Aerospace and Defense Systems, LLC 401(k) match · 2024
Employer contribution per active participant$1,661
Median for plans this size$2,416
2024$1,661 per active participant
2023$1,524 per active participant
2022$1,474 per active participant

Stevens Aerospace and Defense Systems, LLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$52,346
INDEPENDENT ADVISOR ALLIANCE · Investment advisory (plan)$9,300
WILSHIRE ADVISORS LLC · 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 history3
2024$61,646 · 0.32%
2023$57,257 · 0.33%
2022$59,803 · 0.34%
Same employer
Similar plansTransportation & Warehousing · South Carolina
Colinx SC$51.2M · 0.13%
Bgi LLC SC$35.8M · 0.37%
Stevens Towing Co., Inc. SC$11.3M · 0.53%
Jear Logistics, LLC SC$10.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823002064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.