Plan Ledger DOL Form 5500 · updated monthly

Stevens & Lee401(k)

STEVENS & LEE SAVINGS PLAN · READING, PA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Stevens & Lee reported $1,363,468 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~90% of peers. Employer contributions averaged $24,033 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 0.512%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 223rd-largest of 3,651 plans among Pennsylvania employers on file, and the 607th of 11,654 in professional & technical services. In 2024, the employer put in $2.30 for every $1.00 employees contributed themselves; active participation has grown from 343 to 385 since 2022.

Plan summary
Net assets, end of year$278,286,123
Participants with balances546
Active participants385
Employer contributions$9,252,896
Employee contributions$4,015,447
Employer contribution per active participant$24,033
Average account balance$509,682
Benefits paid to participants$21,682,997
Plan auditUnmodified (clean) audit opinion
AuditorTOMASI & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$278.3M · 546 accts · $9.3M emplr
2023$254.3M · 509 accts · $8.5M emplr
2022$220.4M · 480 accts · $8.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,060
Investment management$1,204,688
Trustee / custodial$70,720
Total administrative$1,363,468
The Stevens & Lee 401(k) match · 2024
Employer contribution per active participant$24,033
Median for plans this size$4,294
2024$24,033 per active participant
2023$22,722 per active participant
2022$23,711 per active participant

Stevens & Lee's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 202412
CONRAD SIEGEL ACTUARIES · Recordkeeping · Participant communication$46,348
MERRILL LYNCH PIERCE FENNER & SMITH · Trustee · Investment management$1,205,999
BANK OF AMERICA · Trustee$112,433
DELAWARE COMPANY · Investment managementindirect comp
CHIRON INVESTMENT MANAGEMENT, LLC · Investment managementindirect comp
BLACKROCK ADVISORS LLC · Investment managementindirect comp
BNY MELLON FUND ADVISORS · Investment managementindirect comp
ALLIANCEBERNSTEIN LP · Investment managementindirect comp
CAPITAL RESEARCH AND COMPANY · Investment managementindirect comp
LEGG MASON PARTNERS FUND ADVISOR, L · Investment managementindirect comp
COLUMBIA MANGMT INVESTMENT ADVISORS · Investment managementindirect comp
CONGRESS ASSET CO · Investment managementindirect comp

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

Recordkeeper by year2
2024Conrad Siegel
2023Conrad Siegel

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

Administrative cost history3
2024$1,363,468 · 0.51%
2023$1,148,974 · 0.48%
2022$1,249,140 · 0.51%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Duane Morris LLP PA$411.9M · 0.01%
Flsmidth Inc. PA$341.1M · 0.05%
Eresearch Technology, Inc. PA$308.7M · 0.05%
Almac Group, Inc. PA$283.2M · 0.09%
Marshall Dennehey, P.C. PA$267.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231886296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.