Plan Ledger DOL Form 5500 · updated monthly

Shape Manufacturing401(k)

SHAPE MANUFACTURING 401(K) PLAN · LOUISVILLE, KY · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Shape Manufacturing reported $180 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $966 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (820th of 871), and 13,269th of 13,661 in manufacturing. In 2022, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,017,212
Participants with balances53
Active participants124
Employer contributions$119,779
Employee contributions$219,641
Employer contribution per active participant$966
Average account balance$19,193
Benefits paid to participants$554
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$180
Total administrative$180
The Shape Manufacturing 401(k) match · 2022
Employer contribution per active participant$966
Median for plans this size$331

Shape Manufacturing's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$180 · 0.02%
Similar plansManufacturing · Kentucky
The Lyons Companies KY$1.3M · 2.34%
Pleatco Holdings, LLC KY$1.1M · 0.97%
Rkw North America, Inc. KY$1.1M · 0.09%
Heritage Millworks LLC KY$970K · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611235907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.