Plan Ledger DOL Form 5500 · updated monthly

Shapeways Inc.401(k)

SHAPEWAYS 401(K) PLAN · VOORHEES, NJ · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Shapeways Inc. reported $3,944 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,552 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 has held roughly steady near 0.068%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,763rd of 2,419), and 10,357th of 13,661 in manufacturing. In 2023, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 111 to 129 since 2022.

Plan summary
Net assets, end of year$6,645,956
Participants with balances225
Active participants129
Employer contributions$587,220
Employee contributions$1,069,438
Employer contribution per active participant$4,552
Average account balance$29,538
Benefits paid to participants$1,125,496
Plan auditUnmodified (clean) audit opinion
AuditorSEE ATTACHED REASONABLE CAUSE
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $271K emplr
2023$6.6M · 225 accts · $587K emplr
2022$5.0M · 183 accts · $489K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,944
Total administrative$3,944
The Shapeways Inc. 401(k) match · 2023
Employer contribution per active participant$4,552
Median for plans this size$1,308
2023$4,552 per active participant
2022$4,405 per active participant

Shapeways Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$3,944

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

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Administrative cost history3
2024Not separately reported
2023$3,944 · 0.07%
2022$3,185 · 0.07%
Same employer
Similar plansManufacturing · New Jersey
Diamond Chemical, Inc. NJ$6.7M · 0.33%
Proximo Distillers, LLC NJ$6.7M · 0.10%
Lps Industries LLC NJ$6.7M · 0.24%
Ap&G Co., Inc. NJ$6.6M · 0.01%
Precision Textiles LLC NJ$6.6M · 0.01%
Bentley Laboratories, LLC NJ$6.6M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990360993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.