Plan Ledger DOL Form 5500 · updated monthly

Shapiro Sales Company401(k)

SHAPIRO SALES COMPANY EMPLOYEES' SAVINGS PLAN AND TRUST · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Shapiro Sales Company reported $46,603 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $2,640 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 0.59% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (852nd of 1,393), and 8,913th of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,748,723
Participants with balances145
Active participants122
Employer contributions$322,028
Employee contributions$614,645
Employer contribution per active participant$2,640
Average account balance$67,233
Benefits paid to participants$1,127,549
Plan auditUnmodified (clean) audit opinion
AuditorSFW PARTNERS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 145 accts · $322K emplr
2023$8.8M · 158 accts · $350K emplr
2022$6.8M · 142 accts · $503K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,372
Investment management$24,231
Total administrative$46,603
The Shapiro Sales Company 401(k) match · 2024
Employer contribution per active participant$2,640
Median for plans this size$1,313
2024$2,640 per active participant
2023$2,689 per active participant
2022$3,755 per active participant

Shapiro Sales Company's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$22,372
MONETA GROUP LLC · Investment advisory (plan)$24,231
CHARLES SCHWAB TRUST BANK · Custodial (securities)$12

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$46,603 · 0.50%
2023$39,055 · 0.50%
2022$43,412 · 0.59%
Similar plansManufacturing · Missouri
Stainless Fabrication, Inc. MO$10.2M · 0.56%
John Volpi & Company, Inc. MO$10.2M · 0.48%
L & R Industries, Inc. MO$9.9M · 0.37%
Curtis-Toledo, Inc. MO$9.5M · 0.63%
Linkone Holdings, Inc. MO$9.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430836237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.