Plan Ledger DOL Form 5500 · updated monthly

Shamrock Environmental Corporation401(k)

SHAMROCK ENVIRONMENTAL CORPORATION RETIREMENT PLAN · BROWNS SUMMIT, NC · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Shamrock Environmental Corporation reported $44,006 in plan administrative expenses for 2023: 0.46% of average plan assets, below the peer median. Employer contributions averaged $2,139 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 0.42% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in North Carolina (1,081st of 2,005), and the 980th of 2,534 in administrative & support services. In 2023, employees put in $2.43 for every $1.00 the employer contributed; active participation has shrunk from 289 to 244 since 2022.

Plan summary
Net assets, end of year$10,511,341
Participants with balances395
Active participants244
Employer contributions$521,819
Employee contributions$1,268,370
Employer contribution per active participant$2,139
Average account balance$26,611
Benefits paid to participants$1,158,165
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 405 accts · $541K emplr
2023$10.5M · 395 accts · $522K emplr
2022$8.5M · 389 accts · $459K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,550
Investment management$30,456
Total administrative$44,006
The Shamrock Environmental Corporation 401(k) match · 2023
Employer contribution per active participant$2,139
Median for plans this size$1,308
2024$1,853 per active participant
2023$2,139 per active participant
2022$1,589 per active participant

Shamrock Environmental Corporation's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EDWARD JONES · Investment advisory (plan)$30,456
TRINITY PENSION GROUP, LLC · Contract administrator$14,313
CAPITAL GROUP RETIREMENT PLAN SVCS$3,737

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$46,915 · 0.45%
2023$44,006 · 0.46%
2022$37,113 · 0.42%
Same employer
Similar plansAdministrative & Support Services · North Carolina
W.T. Humphrey, Inc. NC$14.1M · 0.81%
Transportation Impact LLC NC$12.6M · 0.69%
Zapata Group Inc NC$12.2M · 0.27%
Zapata Group Inc NC$10.6M · 0.01%
Bruce Terminix Company NC$7.8M · 0.37%
Castle Branch, Inc NC$7.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561885383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.