Plan Ledger DOL Form 5500 · updated monthly

Pipes & Shaw LLC401(k)

PIPES & SHAW LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Pipes & Shaw LLC reported $6,546 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,139 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.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (3,775th of 5,648), and 2,855th of 5,215 in retail trade. In 2024, employees put in $3.88 for every $1.00 the employer contributed; active participation has grown from 193 to 310 since 2022.

Plan summary
Net assets, end of year$8,915,636
Participants with balances561
Active participants310
Employer contributions$353,114
Employee contributions$1,369,140
Employer contribution per active participant$1,139
Average account balance$15,892
Benefits paid to participants$895,190
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 561 accts · $353K emplr
2023$6.9M · 458 accts · $289K emplr
2022$4.5M · 314 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,546
Total administrative$6,546
The Pipes & Shaw LLC 401(k) match · 2024
Employer contribution per active participant$1,139
Median for plans this size$1,313
2024$1,139 per active participant
2023$1,091 per active participant
2022$1,110 per active participant

Pipes & Shaw LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ASSOCIATED PENSION CONSULTANTS · Other servicesindirect comp
MORNING STAR · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$6,546 · 0.08%
2023$2,255 · 0.04%
2022$1,715 · 0.04%
Same employer
Similar plansRetail Trade · New York
Adorama Inc. NY$8.7M · 0.57%
Artsy NY$8.6M · 0.03%
Dutchess Cars LLC NY$8.6M · 0.69%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 271435970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.