Plan Ledger DOL Form 5500 · updated monthly

Sh Group, Inc.401(k)

SH GROUP, INC. PROFIT SHARING AND 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

Sh Group, Inc. reported $110,059 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $4,665 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 fell from 0.09% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 610th-largest of 5,648 plans among New York employers on file, and the 1,101st of 11,654 in professional & technical services. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 466 to 548 since 2022.

Plan summary
Net assets, end of year$140,710,269
Participants with balances866
Active participants548
Employer contributions$2,556,214
Employee contributions$7,205,449
Employer contribution per active participant$4,665
Average account balance$162,483
Benefits paid to participants$13,320,637
Plan auditUnmodified (clean) audit opinion
AuditorANCHIN, BLOCK & ANCHIN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$140.7M · 866 accts · $2.6M emplr
2023$124.9M · 776 accts · $2.4M emplr
2022$106.6M · 802 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,341
Investment management$34,718
Total administrative$110,059
The Sh Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,665
Median for plans this size$3,635
2024$4,665 per active participant
2023$5,467 per active participant
2022$3,257 per active participant

Sh Group, Inc.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,341
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$34,717
RAYMOND JAMES AND ASSOCIATES, INC. · Investment advisory (plan)$25,000

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$110,059 · 0.08%
2023$93,011 · 0.08%
2022$103,743 · 0.09%
Same employer
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Bonadio & Co., LLP NY$150.2M · 0.12%
Labella Associates, D.P.C. NY$150.0M · 0.11%
Davis+Gilbert LLP NY$149.2M · 0.15%
Flatiron Health, Inc. NY$138.1M · 0.03%
Clyde & Co US LLP NY$136.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421687433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.