Plan Ledger DOL Form 5500 · updated monthly

Shades of Light, LLC401(k)

SHADES OF LIGHT, LLC 401(K) PLAN · MIDLOTHIAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Shades of Light, LLC reported $21,118 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $1,543 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 0.34% to 0.52%. 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 Virginia (1,890th of 2,266), and 3,959th of 5,215 in retail trade. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,321,023
Participants with balances116
Active participants149
Employer contributions$229,909
Employee contributions$357,300
Employer contribution per active participant$1,543
Average account balance$37,250
Benefits paid to participants$677,244
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.3M · 116 accts · $230K emplr
2022$2.9M · 70 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,583
Investment management$11,535
Total administrative$21,118
The Shades of Light, LLC 401(k) match · 2024
Employer contribution per active participant$1,543
Median for plans this size$1,313
2024$1,543 per active participant
2022$982 per active participant

Shades of Light, LLC's 2024 employer contribution ran above 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$9,583
CETERA INVESTMENT ADVISORS · Investment advisory (plan)$11,535

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$21,118 · 0.52%
2022$10,055 · 0.34%
Same employer
Similar plansRetail Trade · Virginia
Price Chevrolet Company VA$5.0M · 0.65%
Nelson Automotive Group VA$4.6M · 0.04%
Belfort Furniture Inc. VA$3.8M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 452474128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.