Plan Ledger DOL Form 5500 · updated monthly

Steves & Sons Inc.401(k)

STEVES & SONS EMPLOYEES 401K PROFIT SHARING PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Steves & Sons Inc. reported $350 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $500 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 0.03% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,541st-largest of 5,688 plans among Texas employers on file, and 7,389th of 13,661 in manufacturing. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 1,234 to 1,734 since 2022.

Plan summary
Net assets, end of year$14,004,448
Participants with balances312
Active participants1,734
Employer contributions$867,472
Employee contributions$1,272,891
Employer contribution per active participant$500
Average account balance$44,886
Benefits paid to participants$361,111
Plan auditUnmodified (clean) audit opinion
AuditorBDO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 312 accts · $867K emplr
2023$10.7M · 293 accts · $797K emplr
2022$7.9M · 314 accts · $802K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$350
Total administrative$350
The Steves & Sons Inc. 401(k) match · 2024
Employer contribution per active participant$500
Median for plans this size$2,416
2024$500 per active participant
2023$594 per active participant
2022$650 per active participant

Steves & Sons 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$350
GLOBAL RETIREMENT PARTNERS · Consultingindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$350 · 0.00%
2023$105 · 0.00%
2022$2,282 · 0.03%
Same employer
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Pla Buyer, LLC TX$14.2M · 0.90%
Vp Racing Fuels, Inc. TX$14.1M · 0.51%
U.S. Zinc Corporation TX$14.1M · 0.49%
Corsicana Acquisition, LLC TX$14.0M · 0.53%
Southwest Shipyard, L.P. TX$13.9M · 0.25%
Slmp, LLC TX$13.9M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741320441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.