Plan Ledger DOL Form 5500 · updated monthly

The Sterno Group Companies, LLC401(k)

THE STERNO GROUP COMPANIES, LLC 401(K) PROFIT SHARING AND TRUST · PLANO, TX · plan year 2023

Reported admin expense ratio · 2023
0.64%

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

The Sterno Group Companies, LLC reported $79,161 in plan administrative expenses for 2023: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,711 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 0.45% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,574th-largest of 5,688 plans among Texas employers on file, and 7,475th of 13,661 in manufacturing. In 2023, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,739,668
Participants with balances324
Active participants258
Employer contributions$441,396
Employee contributions$855,399
Employer contribution per active participant$1,711
Average account balance$42,406
Benefits paid to participants$561,806
Plan auditUnmodified (clean) audit opinion
AuditorVAIL AND PARK
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 260 accts · $495K emplr
2023$13.7M · 324 accts · $441K emplr
2022$11.1M · 348 accts · $414K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,998
Investment management$36,163
Total administrative$79,161
The The Sterno Group Companies, LLC 401(k) match · 2023
Employer contribution per active participant$1,711
Median for plans this size$2,440
2024$1,982 per active participant
2023$1,711 per active participant
2022$1,644 per active participant

The Sterno Group Companies, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
REILLY FINANCIAL ADVISORS LLC · Investment advisory (plan)$36,163

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$67,704 · 0.52%
2023$79,161 · 0.64%
2022$53,217 · 0.45%
Same employer
Similar plansManufacturing · Texas
Southwest Shipyard, L.P. TX$13.9M · 0.25%
Slmp, LLC TX$13.9M · 0.75%
Optimus Steel LLC TX$13.8M · 0.31%
Freshrealm LLC TX$13.6M · 1.15%
Concote Corporation TX$13.4M · 0.03%
Spr Packaging LLC TX$13.4M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205599323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.