# Steelcase, INC. 401(k) Plan
Source: https://planprovider.pro/companies/steelcase-inc-380819050-001

> Steelcase, INC.'s 401(k) plan: 4,148 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Steelcase, INC.

- **Sponsor EIN:** 380819050

- **Sponsor Address:** 901 44TH STREET SE, GRAND RAPIDS, MI, 49508

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 4,148

- **Total Assets:** $1.5B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|4,148|$1.5B|$43.7M|$44.3M|

| 2023|4,278|$1.4B|$36.7M|$43.3M|

| 2022|4,597|$1.3B|$24.7M|$42.1M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| EMPOWER ANNUITY INSURANCE COMPANY|Other Service Provider|$291,258|—|$291,258|

| EMPOWER ADVISORY GROUP, LLC|Other Service Provider|$259,977|—|$259,977|

| AON INVESTMENTS USA INC|Other Service Provider|$100,402|—|$100,402|

| BDO USA, P.C.|Auditor|$49,217|—|$49,217|

| MILLER JOHNSON SNELL & CUMMISKEY PL|Other Service Provider|$31,635|—|$31,635|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BDO USA, P.C.](https://planprovider.pro/provider/bdo-usa-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $732,489

- **Estimated Expense Ratio:** 0.049% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$692,643|$360,380|—|$80,852|—|

| 2023|$653,700|$314,392|—|$47,572|—|

| 2022|$730,285|$308,511|—|—|$65,056|

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- [Steelcase INC.](https://planprovider.pro/companies/steelcase-inc-380819050-506) — 4,007 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/steelcase-inc-380819050-001)

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