Plan Ledger DOL Form 5500 · updated monthly

The Stelter Company401(k)

THE STELTER COMPANY 401(K) PLAN · URBANDALE, IA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

The Stelter Company reported $81,469 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,919 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. 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 403rd-largest of 878 plans among Iowa employers on file, and the 5,588th of 11,654 in professional & technical services. In 2024, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,798,590
Participants with balances119
Active participants94
Employer contributions$368,379
Employee contributions$987,806
Employer contribution per active participant$3,919
Average account balance$166,375
Benefits paid to participants$2,466,940
Plan auditUnmodified (clean) audit opinion
AuditorDENMAN CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 119 accts · $368K emplr
2023$18.4M · 117 accts · $355K emplr
2022$16.0M · 109 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$592
Investment management$80,877
Total administrative$81,469
The The Stelter Company 401(k) match · 2024
Employer contribution per active participant$3,919
Median for plans this size$2,416
2024$3,919 per active participant
2023$3,856 per active participant
2022$3,751 per active participant

The Stelter Company's 2024 employer contribution ran above the $2,416 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 · 20242
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$80,877
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,293

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$81,469 · 0.43%
2023$77,422 · 0.45%
2022$75,496 · 0.44%
Similar plansProfessional & Technical Services · Iowa
Mechdyne Corporation IA$22.2M · 0.33%
Benchmark, Inc. IA$21.4M · 0.08%
Bsb Design, Inc. IA$21.4M · 0.49%
Mudd, Inc. IA$19.8M · 0.01%
Medirevv, Inc. IA$19.0M · 0.66%
Foodchain Id Group, Inc. IA$18.9M · 0.58%
Iowa Legal Aid IA$14.8M · 0.30%
Lean Techniques, Inc. IA$14.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420931068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.