Plan Ledger DOL Form 5500 · updated monthly

Stevens Painton CorporationESOP

STEVENS ENGINEERS & CONSTRUCTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · MIDDLEBURG HEIGHTS, OH · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Stevens Painton Corporation reported $14,048 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,879 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 0.53% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,055th-largest of 3,295 plans among Ohio employers on file, and the 1,648th of 5,337 in construction. In 2024, employees put in $5.44 for every $1.00 the employer contributed; active participation has grown from 104 to 161 since 2022.

Plan summary
Net assets, end of year$26,953,559
Participants with balances202
Active participants161
Employer contributions$302,571
Employee contributions$1,647,359
Employer contribution per active participant$1,879
Average account balance$133,433
Benefits paid to participants$3,369,653
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 202 accts · $303K emplr
2023$5.6M · 94 accts
2022$6.3M · 119 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,700
Investment management$10,998
Total administrative$14,048
Employer contributions to the Stevens Painton Corporation plan · 2024
Employer contribution per active participant$1,879
Median for plans this size$2,416

Stevens Painton Corporation'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 · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Recordkeeping · Investment advisory (participants)$3,179
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$10,998

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

Recordkeeper by year2
2024Voya
2023CBIZ RETIREMENT PLAN SERVICES, Voya

This plan has changed recordkeepers within these filings. If you left Stevens Painton Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,048 · 0.05%
2023$10,767 · 0.18%
2022$30,759 · 0.53%
All plans at this employer2
STEVENS ENGINEERS AND CONTRUCTORS AND SUBSIDIARIES401(k)
STEVENS ENGINEERS & CONSTRUCTORS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Ohio
Shook Construction Co. OH$29.2M · 0.20%
Sims-Lohman, Inc. OH$25.8M · 0.65%
The Ruhlin Company OH$25.6M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341048714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.