Plan Ledger DOL Form 5500 · updated monthly

Net Shapes, Inc.401(k)

NET SHAPES 401(K) PLAN · ONTARIO, CA · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Net Shapes, Inc. reported $322 in plan administrative expenses for 2022: 0.36% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (9,341st of 9,483), and 13,612th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$109,169
Participants with balances53
Active participants112
Employer contributions$0
Employee contributions$67,565
Employer contribution per active participant$0
Average account balance$2,060
Benefits paid to participants$2,133
Plan auditUnmodified (clean) audit opinion
AuditorC. DART CPA
Administrative expenses, itemized · 2022
Investment management$322
Total administrative$322
The Net Shapes, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Net Shapes, Inc.'s 2022 employer contribution ran below the $331 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$322 · 0.36%
Same employer
Similar plansManufacturing · California
Wcrb, Inc. CA$150K · 2.38%
Avc Corp CA$128K · 0.32%
Shaw Bakers LLC CA$112K · 0.93%
Keep IT Here CA$70K · 2.10%
Terra Universal, Inc. CA$56K · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330197712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.