Plan Ledger DOL Form 5500 · updated monthly

Shape Technologies Group, Inc.401(k)

THE SHAPE TECHNOLOGIES GROUP 401(K) PLAN · KENT, WA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Shape Technologies Group, Inc. reported $182,623 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,211 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 0.24% to 0.20%. 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 191st-largest of 1,714 plans among Washington employers on file, and the 1,995th of 13,661 in manufacturing. In 2024, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$93,678,620
Participants with balances947
Active participants719
Employer contributions$1,589,376
Employee contributions$4,679,244
Employer contribution per active participant$2,211
Average account balance$98,921
Benefits paid to participants$11,644,871
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$93.7M · 947 accts · $1.6M emplr
2023$88.2M · 965 accts · $1.6M emplr
2022$81.1M · 1,109 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,623
Investment management$80,000
Total administrative$182,623
The Shape Technologies Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,211
Median for plans this size$3,635
2024$2,211 per active participant
2023$2,119 per active participant
2022$2,012 per active participant

Shape Technologies Group, Inc.'s 2024 employer contribution ran below 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$102,623
CREATIVE PLANNING, LLC · Consulting$80,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$182,623 · 0.20%
2023$203,118 · 0.24%
2022$216,903 · 0.24%
Same employer
Similar plansManufacturing · Washington
Pyrotek Incorporated WA$105.2M · 0.26%
Columbia Machine, Inc. WA$104.2M · 0.21%
Brooks Sports, Inc. WA$95.6M · 0.12%
Northwest Hardwoods, Inc. WA$92.2M · 0.22%
Tree Top, Inc. WA$82.5M · 0.11%
Janicki Industries, Inc. WA$82.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463275009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.