Plan Ledger DOL Form 5500 · updated monthly

Stirling Properties, LLC401(k)

STIRLING PROPERTIES, LLC PROFIT SHARING PLAN · COVINGTON, LA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Stirling Properties, LLC reported $41,696 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $717 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 0.64% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 412th-largest of 884 plans among Louisiana employers on file, and 1,073rd of 2,096 in real estate & leasing. In 2024, employees put in $5.52 for every $1.00 the employer contributed; active participation has grown from 109 to 127 since 2022.

Plan summary
Net assets, end of year$10,619,490
Participants with balances121
Active participants127
Employer contributions$91,102
Employee contributions$502,700
Employer contribution per active participant$717
Average account balance$87,764
Benefits paid to participants$1,426,945
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 121 accts · $91K emplr
2023$10.1M · 120 accts · $41K emplr
2022$8.3M · 112 accts · $44K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,941
Investment management$31,755
Total administrative$41,696
The Stirling Properties, LLC 401(k) match · 2024
Employer contribution per active participant$717
Median for plans this size$2,416
2024$717 per active participant
2023$361 per active participant
2022$404 per active participant

Stirling Properties, LLC'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 · 20243
LPL FINANCIAL · Investment advisory (plan)$24,670
EMPOWER ADVISORY GROUP, LLC · Investment management$7,085

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

Administrative cost history3
2024$41,696 · 0.40%
2023$38,672 · 0.42%
2022$58,961 · 0.64%
Same employer
Similar plansReal Estate & Leasing · Louisiana
Affordable Rent-To-Own, LLC LA$25.4M · 0.53%
1ST Lake Properties, Inc. LA$14.7M · 0.44%
Sealy and Company LLC LA$14.0M · 0.36%
Gulfstream Services Inc. LA$10.4M · 0.05%
Standard Enterprises, Inc. LA$10.1M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721194769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.