Plan Ledger DOL Form 5500 · updated monthly

M. Shanken Communications, Inc.401(k)

M. SHANKEN COMMUNICATIONS, INC & SUBSIDIARIES 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

M. Shanken Communications, Inc. reported $22,297 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. 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 0.05% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,828th-largest of 5,648 plans among New York employers on file, and the 722nd of 2,199 in information & media.

Plan summary
Net assets, end of year$33,409,469
Participants with balances120
Active participants117
Employer contributions—
Employee contributions$937,118
Employer contribution per active participant—
Average account balance$278,412
Benefits paid to participants$2,430,498
Plan auditUnmodified (clean) audit opinion
AuditorGALLEROS ROBINSON CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.4M · 120 accts
2023$31.1M · 131 accts · $500K emplr
2022$25.6M · 109 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,123
Investment management$12,174
Total administrative$22,297
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 · 20241
USI CONSULTING GROUP · Claims processing · Recordkeeping$10,131

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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Administrative cost history3
2024$22,297 · 0.07%
2023$19,445 · 0.07%
2022$15,737 · 0.05%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 133109245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.