Plan Ledger DOL Form 5500 · updated monthly

Stites & Harbison401(k)

STITES & HARBISON, PLLC RESTATED SECURITY PLAN I · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Stites & Harbison reported $146,061 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $7,843 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 0.06% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 49th-largest of 871 plans among Kentucky employers on file, and the 871st of 11,654 in professional & technical services. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$183,600,633
Participants with balances487
Active participants323
Employer contributions$2,533,389
Employee contributions$3,353,579
Employer contribution per active participant$7,843
Average account balance$377,003
Benefits paid to participants$14,795,709
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$183.6M · 487 accts · $2.5M emplr
2023$170.3M · 453 accts · $2.2M emplr
2022$154.9M · 455 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,847
Investment management$62,860
Audit (IQPA)$30,592
Total administrative$146,061
The Stites & Harbison 401(k) match · 2024
Employer contribution per active participant$7,843
Median for plans this size$3,635
2024$7,843 per active participant
2023$6,959 per active participant
2022$7,623 per active participant

Stites & Harbison's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20244
T. ROWE PRICE RPS INC. · Recordkeeping · Trustee$52,590
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$55,000
CROWE LLP · Accounting / audit · Consulting$30,592
RETIREMENT MANAGEMENT SERVICES, LLC · Plan administrator · Consulting$7,860

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$146,061 · 0.08%
2023$152,457 · 0.09%
2022$97,818 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Kentucky
Frost Brown Todd LLP KY$329.9M · 0.05%
Confluent Health, LLC KY$204.1M · 0.23%
Southern Graphics Inc. KY$202.1M · 0.11%
Stoll Keenon Ogden PLLC KY$167.9M · 0.04%
Waystar, Inc. KY$161.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610680249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.