Plan Ledger DOL Form 5500 · updated monthly

Sharel Ventures, L.L.C.401(k)

SHAREL VENTURES, L.L.C. 401(K) PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Sharel Ventures, L.L.C. reported $14,316 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $415 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 0.63% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,078th of 5,648), and 1,373rd of 2,240 in accommodation & food services. In 2024, employees put in $3.77 for every $1.00 the employer contributed; active participation has grown from 127 to 170 since 2022.

Plan summary
Net assets, end of year$2,245,049
Participants with balances133
Active participants170
Employer contributions$70,595
Employee contributions$265,907
Employer contribution per active participant$415
Average account balance$16,880
Benefits paid to participants$192,166
Plan auditUnmodified (clean) audit opinion
AuditorDAVIE KAPLAN, CPA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 133 accts · $71K emplr
2023$1.9M · 102 accts · $46K emplr
2022$1.8M · 112 accts · $52K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,003
Investment management$4,313
Total administrative$14,316
The Sharel Ventures, L.L.C. 401(k) match · 2024
Employer contribution per active participant$415
Median for plans this size$1,313
2024$415 per active participant
2023$356 per active participant
2022$413 per active participant

Sharel Ventures, L.L.C.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241
BENEFIT PLANS ADMINISTRATIVE SERVIC · Recordkeeping · Custodial$14,316

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SERVIC
2023BENEFIT PLANS ADMINISTRATIVE SERVIC

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Administrative cost history3
2024$14,316 · 0.69%
2023$12,326 · 0.67%
2022$12,591 · 0.63%
Similar plansAccommodation & Food Services · New York
Visions Hotels, LLC NY$2.5M · 0.29%
Samar Hospitality, LTD. NY$2.3M · 0.78%
Furnishare Inc dba Kaiyo NY$2.3M · 0.09%
Local Union 514 NY$2.2M · 3.89%
Just Salad LLC NY$2.2M · 1.10%
Creative Foods Corp. NY$2.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161512265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.