What are the fees in the Shannon Marie Enterprises 401(k) plan?

For plan year 2022, Shannon Marie Enterprises reported $1,684 in plan administrative expenses, or 0.03% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Shannon Marie Enterprises 401(k)?

The average participant account balance was $61,462 for plan year 2022, based on 81 accounts.

Shannon Marie Enterprises401(k)

Name: Shannon Marie Enterprises 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

SMHK RETIREMENT 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022

0.03%

Shannon Marie Enterprises reported $1,684 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (4,475th of 5,648), and 2,292nd of 3,341 in other services.

Plan summary
Net assets, end of year$4,978,421
Participants with balances81
Active participants26
Employer contributions—
Employee contributions$332,831
Employer contribution per active participant—
Average account balance$61,462
Benefits paid to participants$82,302
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPER LLP

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$1,684 · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133621257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.