Plan Ledger DOL Form 5500 · updated monthly

Shake-N-Go Fashion, Inc.401(k)

SHAKE-N-GO FASHION INC. 401(K) PROFIT SHARING PLAN & TRUST · PORT WASHINGTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Shake-N-Go Fashion, Inc. reported $119,719 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $12,995 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 0.24% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,202nd-largest of 5,648 plans among New York employers on file, and the 686th of 4,246 in wholesale trade. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves; active participation has shrunk from 217 to 187 since 2022.

Plan summary
Net assets, end of year$59,900,364
Participants with balances380
Active participants187
Employer contributions$2,430,008
Employee contributions$1,674,015
Employer contribution per active participant$12,995
Average account balance$157,633
Benefits paid to participants$2,155,537
Plan auditUnmodified (clean) audit opinion
AuditorKLICHS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$59.9M · 380 accts · $2.4M emplr
2023$49.0M · 400 accts · $2.4M emplr
2022$40.3M · 378 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,086
Investment management$83,633
Total administrative$119,719
The Shake-N-Go Fashion, Inc. 401(k) match · 2024
Employer contribution per active participant$12,995
Median for plans this size$3,635
2024$12,995 per active participant
2023$11,589 per active participant
2022$11,572 per active participant

Shake-N-Go Fashion, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$63,633
ADP, INC. · Recordkeeping$36,085
KLICHS LLP · Recordkeeping · Pension consulting$20,000
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, KLICHS LLP, Morgan Stanley
2023ADP, KLICHS LLP, Morgan Stanley

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Administrative cost history3
2024$119,719 · 0.22%
2023$108,852 · 0.24%
2022$102,045 · 0.24%
Same employer
Similar plansWholesale Trade · New York
Kravet Inc. NY$66.1M · 0.29%
Darby Dental Supply, LLC NY$65.2M · 0.05%
Transcat, Inc. NY$60.5M · 0.02%
Gbg USA Inc. NY$59.7M · 0.41%
McGard LLC NY$58.9M · 0.08%
Trammo, Inc NY$57.1M · 0.01%
Kiss Nail Products, Inc. NY$56.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113086312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.