Plan Ledger DOL Form 5500 · updated monthly

Stryker Standard LLC401(k)

STRYKER STANDARD LLC 401K PLAN · WILMORE, KY · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Stryker Standard LLC reported $10,949 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,084 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 2.13% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Kentucky (813th of 871), and 1,637th of 2,240 in accommodation & food services. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,249,995
Participants with balances153
Active participants165
Employer contributions$178,798
Employee contributions$157,438
Employer contribution per active participant$1,084
Average account balance$8,170
Benefits paid to participants$239,290
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SHINE & CO., INC.
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 153 accts · $179K emplr
2023$1.1M · 293 accts · $115K emplr
2022$678K · 239 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,793
Investment management$2,156
Total administrative$10,949
The Stryker Standard LLC 401(k) match · 2024
Employer contribution per active participant$1,084
Median for plans this size$1,313
2024$1,084 per active participant
2023$678 per active participant
2022$597 per active participant

Stryker Standard LLC's 2024 employer contribution ran below 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)$2,791

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

Recordkeeper by year2
2024Alerus
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Stryker Standard LLC 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$10,949 · 0.95%
2023$15,118 · 1.75%
2022$13,358 · 2.13%
Similar plansAccommodation & Food Services · Kentucky
Sfr II, LLC KY$1.8M · 1.97%
Hometown Pizza, Inc. KY$1.3M · 0.80%
Saliba Lagrange, LLC KY$292K · 1.17%
Npt Partners I, LLC KY$159K · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831038762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.