Plan Ledger DOL Form 5500 · updated monthly

Shamrock Technologies, Inc.401(k)

SHAMROCK TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · NEWARK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Shamrock Technologies, Inc. reported $43,938 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,948 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 0.29% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,041st-largest of 2,419 plans among New Jersey employers on file, and the 5,705th of 13,661 in manufacturing. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has shrunk from 200 to 172 since 2022.

Plan summary
Net assets, end of year$21,245,389
Participants with balances202
Active participants172
Employer contributions$507,090
Employee contributions$1,184,644
Employer contribution per active participant$2,948
Average account balance$105,175
Benefits paid to participants$3,332,648
Plan auditUnmodified (clean) audit opinion
AuditorMSPC
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 202 accts · $507K emplr
2023$20.7M · 222 accts · $559K emplr
2022$20.7M · 213 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,985
Investment management$28,953
Total administrative$43,938
The Shamrock Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,948
Median for plans this size$2,416
2024$2,948 per active participant
2023$3,126 per active participant
2022$1,558 per active participant

Shamrock Technologies, Inc.'s 2024 employer contribution ran above 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 · 20243
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$32,000
EMPOWER ADVISORY GROUP, LLC · Investment management$553

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$43,938 · 0.21%
2023$94,813 · 0.46%
2022$63,914 · 0.29%
Similar plansManufacturing · New Jersey
Rotor Clip Company, Inc. NJ$21.8M · 0.04%
Allen Flavors, Inc. NJ$21.7M · 0.45%
I.D. Systems, Inc. NJ$21.6M · 0.40%
Arla Foods, Inc. NJ$21.2M · 0.24%
Metal Textiles Corporation NJ$21.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131568209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.