Plan Ledger DOL Form 5500 · updated monthly

Sh Group Operations, LLC401(k)

SH GROUP RETIREMENT SAVINGS PLAN · COCONUT GROVE, FL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Sh Group Operations, LLC reported $89,968 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,316 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 1 year on file its reported administrative ratio rose from 0.30% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 863rd-largest of 3,644 plans among Florida employers on file, and the 216th of 2,240 in accommodation & food services. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,186,951
Participants with balances783
Active participants1,837
Employer contributions$2,418,366
Employee contributions$4,304,089
Employer contribution per active participant$1,316
Average account balance$35,999
Benefits paid to participants$3,075,497
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$28.2M · 783 accts · $2.4M emplr
2023$20.2M · 655 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,968
Total administrative$89,968
The Sh Group Operations, LLC 401(k) match · 2024
Employer contribution per active participant$1,316
Median for plans this size$2,416
2024$1,316 per active participant
2023$810 per active participant

Sh Group Operations, LLC's 2024 employer contribution ran below the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$89,965

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

Administrative cost history2
2024$89,968 · 0.37%
2023$61,084 · 0.30%
Same employer
Similar plansAccommodation & Food Services · Florida
Pb Restaurants, LLC FL$32.2M · 0.51%
Hotelbeds USA, Inc. FL$26.6M · 0.24%
Grand Performer Inc FL$22.0M · 0.97%
Playa Management USA, LLC FL$20.8M · 0.12%
T.L. Cannon Corporation FL$19.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264006966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.