Plan Ledger DOL Form 5500 · updated monthly

Shapell Investment Properties In401(k)

SHAPELL INVESTMENT PROPERTIES, INC. 401(K) PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Shapell Investment Properties In reported $3,777 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,911 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 rose from 0.006% to 0.010%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,039th-largest of 9,483 plans among California employers on file, and the 1,190th of 5,337 in construction. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 128 to 172 since 2022.

Plan summary
Net assets, end of year$42,312,278
Participants with balances291
Active participants172
Employer contributions$672,673
Employee contributions$1,211,514
Employer contribution per active participant$3,911
Average account balance$145,403
Benefits paid to participants$2,510,440
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.3M · 291 accts · $673K emplr
2023$37.0M · 295 accts · $655K emplr
2022$36.7M · 350 accts · $560K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,777
Total administrative$3,777
The Shapell Investment Properties In 401(k) match · 2024
Employer contribution per active participant$3,911
Median for plans this size$2,416
2024$3,911 per active participant
2023$4,709 per active participant
2022$4,377 per active participant

Shapell Investment Properties In'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
ADP, INC. · Loan processing · Recordkeeping$3,767
ADP BROKER-DEALERindirect comp
MORGAN STANLEY · Other servicesindirect 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
2024ADP
2023ADP

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

Administrative cost history3
2024$3,777 · 0.01%
2023$4,899 · 0.01%
2022$2,258 · 0.01%
Same employer
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Hps Mechanical, Inc. CA$43.8M · 0.09%
Rk Electric, Inc. CA$43.2M · 0.06%
Electek CA$42.1M · 0.00%
Champions Group CA$42.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800958642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.