Plan Ledger DOL Form 5500 · updated monthly

Stier Supply Company401(k)

STIER SUPPLY COMPANY 401(K) PROFIT SHARING PLAN & TRUST · GASTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Stier Supply Company reported $50,963 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $1,379 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 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in South Carolina (438th of 807), and 3,018th of 4,246 in wholesale trade. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 275 to 431 since 2022.

Plan summary
Net assets, end of year$9,288,424
Participants with balances273
Active participants431
Employer contributions$594,363
Employee contributions$1,170,481
Employer contribution per active participant$1,379
Average account balance$34,024
Benefits paid to participants$413,688
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 273 accts · $594K emplr
2023$6.8M · 262 accts · $508K emplr
2022$4.9M · 242 accts · $380K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,348
Investment management$30,755
Trustee / custodial$860
Total administrative$50,963
The Stier Supply Company 401(k) match · 2024
Employer contribution per active participant$1,379
Median for plans this size$1,313
2024$1,379 per active participant
2023$1,279 per active participant
2022$1,383 per active participant

Stier Supply Company's 2024 employer contribution ran above the $1,313 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
PAYCHEX, INC. · Recordkeeping$19,459
CORNERSTONE WEALTH GROUP LLC · Investment advisory (participants)$28,360

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

Recordkeeper by year2
2024Paychex
2023CORNERSTONE WEALTH GROUP LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Stier Supply Company 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$50,963 · 0.63%
2023$37,897 · 0.65%
2022$30,208 · 0.62%
Same employer
Similar plansWholesale Trade · South Carolina
Epting Distributors, Inc SC$12.3M · 0.30%
Prym Consumer USA Inc. SC$12.3M · 0.04%
Vis, LLC SC$12.1M · 0.52%
Savaria USA Inc. SC$8.2M · 0.49%
Better Brands, Inc. SC$7.9M · 0.66%
Engineered Systems, Inc. SC$7.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570283944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.