Plan Ledger DOL Form 5500 · updated monthly

Shawntech Communications, Inc.401(k)

SHAWNTECH COMMUNICATIONS 401(K) PLAN · MIAMISBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Shawntech Communications, Inc. reported $4,733 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,063 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 0.03% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Ohio (2,379th of 3,295), and 1,781st of 2,199 in information & media. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,320,746
Participants with balances191
Active participants164
Employer contributions$338,303
Employee contributions$635,966
Employer contribution per active participant$2,063
Average account balance$33,093
Benefits paid to participants$609,764
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY & MEYER
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 191 accts · $338K emplr
2023$5.3M · 164 accts · $310K emplr
2022$4.1M · 140 accts · $199K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,944
Investment management$789
Total administrative$4,733
The Shawntech Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$2,063
Median for plans this size$1,313
2024$2,063 per active participant
2023$1,845 per active participant
2022$1,212 per active participant

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

Service providers · 20241
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$3,944

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

Administrative cost history3
2024$4,733 · 0.08%
2023$3,262 · 0.07%
2022$1,545 · 0.03%
Same employer
Similar plansInformation & Media · Ohio
Dolbey & Company, Inc. OH$11.3M · 0.49%
Sandusky Newspapers Inc OH$10.6M · 0.35%
Onshift, Inc. OH$10.0M · 0.04%
Iqventures Holdings, LLC OH$6.0M · 1.79%
Bendon Inc OH$5.0M · 0.52%
Hometown Ticketing, Inc. OH$4.7M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311487203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.