Plan Ledger DOL Form 5500 · updated monthly

Shawcor401(k)

SHAWCOR 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Shawcor reported $333,158 in plan administrative expenses for 2022: 0.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,855 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 0.36% to 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 755th-largest of 5,688 plans among Texas employers on file, and the 2,228th of 13,661 in manufacturing. In 2022, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$81,111,180
Participants with balances1,482
Active participants847
Employer contributions$3,265,563
Employee contributions$4,580,906
Employer contribution per active participant$3,855
Average account balance$54,731
Benefits paid to participants$11,781,505
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.9M · 1,041 accts · $2.3M emplr
2023$65.8M · 1,022 accts · $2.3M emplr
2022$81.1M · 1,482 accts · $3.3M emplr
Administrative expenses, itemized · 2022
Professional / advisory$333,158
Total administrative$333,158
The Shawcor 401(k) match · 2022
Employer contribution per active participant$3,855
Median for plans this size$3,449
2024$4,337 per active participant
2023$2,611 per active participant
2022$3,855 per active participant

Shawcor's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$260,884 · 0.40%
2023$245,974 · 0.33%
2022$333,158 · 0.36%
Same employer
Similar plansManufacturing · Texas
Cactus Wellhead, LLC TX$83.8M · 0.24%
Dpt Laboratories, LTD. TX$83.5M · 0.02%
Encore Wire Corporation TX$82.5M · 19.58%
Safran Seats USA LLC TX$81.1M · 0.06%
Coreslab Holdings US, Inc. TX$79.1M · 0.14%
Koerber Supply Chain LLC TX$79.1M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 980101376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.