Steven-Robert Originals 401(k) match, vesting and fees
What Steven-Robert Originals' 401(k) plan says about matching contributions
The Plan Sponsor may make discretionary matching contributions, equal to an amount, to be determined by the Plan Sponsor. The Plan Sponsor made discretionary matching contributions of $199,879 and $174,387 for the years ended December 31, 2024, and 2023, respectively.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 32 ↗ |
| Match vesting | Participants are always 100% vested in their elective salary deferrals and investment gains and losses credited thereon. Employer discretionary matching and profit-sharing contributions, and gains/losses credited thereon, are also 100% vested. | Audit report, p. 33 ↗ |
| Automatic enrollment | Employees are automatically enrolled into the Plan upon eligibility. The automatic enrollment contribution percentage is 4% of eligible compensation and the contributions will increase by 1% in the second through fourth year to a maximum 10%. Employees may voluntarily contribute up to 100% of their eligible compensation, subject to various nondiscrimination tests and limitations prescribed by the Code, and they may choose to opt out of the automatic enrollment and automatic increase features. | Audit report, p. 32 ↗ |
| Roth contributions | Participants may also make Roth after-tax elective deferral contributions. | Audit report, p. 32 ↗ |
| Loans | Participants may borrow from their accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of the present value of their vested account balance, reduced by any outstanding loan balance. Principal and interest are paid ratably through monthly payroll deductions and loan periods range from one to five years, unless used for the purchase of a principal residence, then the loan period may not exceed ten years. | Audit report, p. 33 ↗ |
| Recordkeeper | Voya Retirement Insurance & Annuity | Schedule C ↗ |
| Independent auditor | Campbell Taylor Washburn (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Steven-Robert Originals: employer contribution per participant | $158 | |
| Peer median | $2,413 |
| Steven-Robert Originals: average balance | $5,123 | |
| Peer median | $86,456 |
| Steven-Robert Originals: admin expenses ÷ assets | 0.49% | |
| Peer median | 0.12% |
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 $5.9M at the end of plan year 2021 to $6.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,940 | $6.5M | $200K | $158 | 0.49% | Quoted in the audit report, p. 32 ↗ | Form 5500 ↗ |
| 2023 | 2,084 | $5.9M | $165K | $121 | 0.21% | Not published | Form 5500 ↗ |
| 2022 | 2,014 | $4.7M | $168K | $135 | 0.76% | Not published | Form 5500 ↗ |
| 2021 | 2,009 | $5.9M | $124K | $93 | 0.74% | Not published | Form 5500 ↗ |
Common questions
Does Steven-Robert Originals match 401(k) contributions?
The audit report attached to the Steven-Robert Originals, LLC 401(k) Plan's plan year 2024 Form 5500, page 32 says: “The Plan Sponsor may make discretionary matching contributions, equal to an amount, to be determined by the Plan Sponsor. The Plan Sponsor made discretionary matching contributions of $199,879 and $174,387 for the years ended December 31, 2024, and 2023, respectively.” Plan terms may have changed; check your current Summary Plan Description.
When is the Steven-Robert Originals 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 33 says: “Participants are always 100% vested in their elective salary deferrals and investment gains and losses credited thereon. Employer discretionary matching and profit-sharing contributions, and gains/losses credited thereon, are also 100% vested.”
Who manages the Steven-Robert Originals 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Steven-Robert Originals, LLC.
I left Steven-Robert Originals. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Steven-Robert Originals, LLC, (303) 375-9925) or the recordkeeper, Voya Retirement Insurance & Annuity. The Steven-Robert Originals old 401(k) page lists the contacts from every plan filing. Find an old Steven-Robert Originals 401(k)
Data from the public Form 5500 annual reports Steven-Robert Originals filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Steven-Robert Originals. Not financial advice. Report a correction · Methodology