Plan Ledger DOL Form 5500 · updated monthly

Stewart-Haas Racing, LLC401(k)

STEWART-HAAS RACING LLC 401K PLAN · KANNAPOLIS, NC · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Stewart-Haas Racing, LLC reported $42,271 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,529 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 rose from 0.26% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 504th-largest of 2,005 plans among North Carolina employers on file, and the 289th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,934,895
Participants with balances318
Active participants311
Employer contributions$786,468
Employee contributions$2,007,224
Employer contribution per active participant$2,529
Average account balance$106,714
Benefits paid to participants$2,104,297
Plan auditUnmodified (clean) audit opinion
AuditorGREER WALKER
Plan history3
Yearassets · accounts · employer contribution
2024$32.2M · 278 accts · $832K emplr
2023$33.9M · 318 accts · $786K emplr
2022$28.1M · 272 accts · $748K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,271
Total administrative$42,271
The Stewart-Haas Racing, LLC 401(k) match · 2023
Employer contribution per active participant$2,529
Median for plans this size$2,440
2024$7,233 per active participant
2023$2,529 per active participant
2022$2,518 per active participant

Stewart-Haas Racing, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$42,271

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$93,869 · 0.28%
2023$42,271 · 0.14%
2022$77,825 · 0.26%
Same employer
Similar plansArts, Entertainment & Recreation · North Carolina
Penske Racing South, Inc. NC$82.0M · 0.19%
Joe Gibbs Racing, LLC NC$80.8M · 0.20%
Joe Gibbs Racing, Inc. NC$71.0M · 0.21%
Panthers Football, LLC NC$60.1M · 0.01%
Pinehurst, LLC NC$24.0M · 0.43%
Hornets Basketball, LLC NC$23.7M · 0.42%
Hurricanes Holdings, LLC NC$20.2M · 0.04%
Dej Holdings, LLC NC$15.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263344402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.