Steinway Musical Instruments 401(k) match, vesting and fees

Plan year 2025 filingSavings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries · Plan 001 · EIN 35-1910745Updated Oct 2026

What Steinway Musical Instruments' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $1.3M in employer contributions, about $4,887 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$210,213
Average account balance
267
Participants (end of year)
$56.1M
Plan assets (end of year)
0.20%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperSentinel Benefits Group, Llc.Schedule C ↗
Independent auditorAafcpa'S, Inc. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.

Steinway Musical Instruments: employer contribution per participant$4,887
Peer median$1,962
Steinway Musical Instruments: average balance$210,213
Peer median$75,225
Steinway Musical Instruments: admin expenses ÷ assets0.20%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $45.7M at the end of plan year 2021 to $56.1M at the end of plan year 2025.

$45.7M2021$36.1M2022$42.5M2023$47.6M2024$56.1M2025
End-of-year figures from each plan year's Form 5500 filing for the Steinway Musical Instruments plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025267$56.1M$1.3M$4,8870.20%Not publishedForm 5500 ↗
2024264$47.6M$1.2M$4,4950.24%Not publishedForm 5500 ↗
2023293$42.5M$1.2M$4,2600.26%Not publishedForm 5500 ↗
2022292$36.1M$1.2M$4,2790.24%Not publishedForm 5500 ↗
2021269$45.7M$1.1M$3,9150.22%Not publishedForm 5500 ↗

Other Steinway Musical Instruments plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

The Steinway Musical Pension Plan

Plan 002 · EIN 35-1910745 · plan year 2024 filing
$46,752
Average account balance
1,306
Participants (end of year)
$61.1M
Plan assets (end of year)
0.82%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperSentinel Benefits Group, Inc.Schedule C ↗
Independent auditorAafcpa'S, Inc, (unmodified opinion)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does Steinway Musical Instruments match 401(k) contributions?

The match terms for the Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries have not been published from its filing yet. The plan year 2025 filing reports $1.3M in employer contributions, about $4,887 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Steinway Musical Instruments 401(k) match vested?

The vesting schedule for the Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries is not in the data published so far. Your Summary Plan Description states it.

Who manages the Steinway Musical Instruments 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Sentinel Benefits Group, Llc.. The plan administrator is Steinway Musical Instruments, Inc..

I left Steinway Musical Instruments. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Steinway Musical Instruments, Inc., (718) 204-3112) or the recordkeeper, Sentinel Benefits Group, Llc.. The Steinway Musical Instruments old 401(k) page lists the contacts from every plan filing. Find an old Steinway Musical Instruments 401(k)

Data from the public Form 5500 annual reports Steinway Musical Instruments filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Steinway Musical Instruments. Not financial advice. Report a correction · Methodology