Plan Ledger DOL Form 5500 · updated monthly

Stoneridge Companies, LLC401(k)

STONERIDGE COMPANIES, LLC 401(K) PLAN · BARNESVILLE, MN · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Stoneridge Companies, LLC reported $71,859 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $6,077 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 0.32% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 649th-largest of 1,918 plans among Minnesota employers on file, and the 3,876th of 11,654 in professional & technical services. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,887,637
Participants with balances369
Active participants270
Employer contributions$1,640,678
Employee contributions$3,251,502
Employer contribution per active participant$6,077
Average account balance$89,126
Benefits paid to participants$2,734,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 369 accts · $1.6M emplr
2023$25.9M · 387 accts · $1.3M emplr
2022$17.2M · 339 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,859
Total administrative$71,859
The Stoneridge Companies, LLC 401(k) match · 2024
Employer contribution per active participant$6,077
Median for plans this size$2,416
2024$6,077 per active participant
2023$4,039 per active participant
2022$3,660 per active participant

Stoneridge Companies, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
BELL BANK · Accounting / audit · Recordkeepingindirect comp

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

Recordkeeper by year2
2024BELL BANK
2023BELL BANK

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

Administrative cost history3
2024$71,859 · 0.24%
2023$64,962 · 0.30%
2022$54,093 · 0.32%
Similar plansProfessional & Technical Services · Minnesota
Collective Measures, Inc. MN$33.8M · 0.03%
Netspi, LLC MN$33.5M · 0.18%
Ab Carval Investors, LP MN$31.9M · 0.02%
Redpath and Company, LTD. MN$31.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 301123712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.