Plan Ledger DOL Form 5500 · updated monthly

Shaw Electric, Inc.401(k)

SHAW ELECTRIC, INC. RETIREMENT SAVINGS PLAN · DAVENPORT, IA · plan year 2025

Reported admin expense ratio · 2025
0.26%

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

Shaw Electric, Inc. reported $54,545 in plan administrative expenses for 2025: 0.26% of average plan assets, below the peer median. Employer contributions averaged $4,451 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 3 years on file its reported administrative ratio fell from 0.38% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 363rd-largest of 878 plans among Iowa employers on file, and the 1,837th of 5,337 in construction. In 2025, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,980,397
Participants with balances155
Active participants125
Employer contributions$556,350
Employee contributions$959,309
Employer contribution per active participant$4,451
Average account balance$148,261
Benefits paid to participants$954,251
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL AND MANAGEMENT CONS
Plan history4
Yearassets · accounts · employer contribution
2025$23.0M · 155 accts · $556K emplr
2024$18.7M · 159 accts · $589K emplr
2023$16.8M · 137 accts · $541K emplr
2022$13.6M · 134 accts · $203K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$12,142
Investment management$42,403
Total administrative$54,545
The Shaw Electric, Inc. 401(k) match · 2025
Employer contribution per active participant$4,451
Median for plans this size$2,666
2025$4,451 per active participant
2024$4,205 per active participant
2023$3,781 per active participant
2022$1,470 per active participant

Shaw Electric, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$37,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,142

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

Administrative cost history4
2025$54,545 · 0.26%
2024$52,046 · 0.29%
2023$50,282 · 0.33%
2022$56,343 · 0.38%
Same employer
Similar plansConstruction · Iowa
Carl a. Nelson & Company IA$28.5M · 0.16%
C J Moyna & Sons LLC IA$27.2M · 0.35%
Seedorff Holdings, Inc. IA$26.1M · 0.29%
United Contractors, Inc. IA$22.8M · 0.14%
Todd & Sargent, Inc. IA$22.0M · 0.32%
Tec-Corp IA$20.5M · 0.43%
K.B.C Group, Inc. IA$20.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420843255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.