Plan Ledger DOL Form 5500 · updated monthly

Stone Source, LLC.401(k)

STONE SOURCE 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.87%

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

Stone Source, LLC. reported $114,510 in plan administrative expenses for 2022: 0.87% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,181 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 0.87% to 0.95%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (3,436th of 5,648), and 2,923rd of 5,337 in construction. In 2022, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,276,083
Participants with balances177
Active participants120
Employer contributions$261,732
Employee contributions$740,607
Employer contribution per active participant$2,181
Average account balance$63,707
Benefits paid to participants$2,409,805
Plan auditUnmodified (clean) audit opinion
AuditorMAZARS USA LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$8.0M · 109 accts
2023$10.0M · 134 accts · $3K emplr
2022$11.3M · 177 accts · $262K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$52,228
Investment management$40,282
Professional / advisory$22,000
Total administrative$114,510
The Stone Source, LLC. 401(k) match · 2022
Employer contribution per active participant$2,181
Median for plans this size$2,266
2023$38 per active participant
2022$2,181 per active participant

Stone Source, LLC.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year3
2025AMERICAN TRUST COMPANY
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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Administrative cost history4
2025Not separately reported
2024$85,708 · 0.95%
2023$88,773 · 0.84%
2022$114,510 · 0.87%
Similar plansConstruction · New York
Warren W. Fane, Inc. NY$11.8M · 0.76%
Mega Contracting Group LLC NY$11.5M · 0.08%
Taconic Builders, Inc. NY$11.5M · 0.46%
Volmar Construction, Inc NY$11.2M · 0.18%
Cci Companies, Inc. NY$10.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030593691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.