Plan Ledger DOL Form 5500 · updated monthly

Shape Corp Biosolutions, LLC401(k)

THE SHAPE FAMILY OF COMPANIES RETIREMENT PLAN · GRAND HAVEN, MI · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Shape Corp Biosolutions, LLC reported $266,851 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,781 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 0.17% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 161st-largest of 2,619 plans among Michigan employers on file, and the 1,249th of 13,661 in manufacturing. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$180,254,668
Participants with balances2,989
Active participants2,279
Employer contributions$8,617,860
Employee contributions$8,168,385
Employer contribution per active participant$3,781
Average account balance$60,306
Benefits paid to participants$16,386,643
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$180.3M · 2,989 accts · $8.6M emplr
2023$156.1M · 3,048 accts · $8.0M emplr
2022$131.7M · 2,999 accts · $6.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$266,851
Total administrative$266,851
The Shape Corp Biosolutions, LLC 401(k) match · 2024
Employer contribution per active participant$3,781
Median for plans this size$3,635
2024$3,781 per active participant
2023$3,443 per active participant
2022$3,191 per active participant

Shape Corp Biosolutions, LLC's 2024 employer contribution ran above the $3,635 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$266,851

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$266,851 · 0.16%
2023$252,105 · 0.18%
2022$246,804 · 0.17%
Same employer
Similar plansManufacturing · Michigan
Hutchinson Fms, Inc. MI$213.5M · 0.09%
L & L Products, Inc. MI$205.4M · 0.10%
Wolverine World Wide, Inc. MI$202.0M · 0.31%
Durr, Inc. MI$176.3M
Jr Technology Group, LLC MI$171.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382040702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.