Plan Ledger DOL Form 5500 · updated monthly

Shelby Residential & Vocational401(k)

SHELBY RESIDENTIAL & VOCATIONAL SERVICES, INC. 401(K) PROFIT SHARING PLAN · MEMPHIS, TN · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

Shelby Residential & Vocational reported $8,942 in plan administrative expenses for 2022: 0.50% of average plan assets, above the peer median. Employer contributions averaged $610 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,345th of 1,496), and 10,338th of 11,911 in health care & social assistance. In 2022, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,663,277
Participants with balances255
Active participants77
Employer contributions$46,997
Employee contributions$117,698
Employer contribution per active participant$610
Average account balance$6,523
Benefits paid to participants$137,874
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN & COMPANY, INC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $36K emplr
2022$1.7M · 255 accts · $47K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,942
Total administrative$8,942
The Shelby Residential & Vocational 401(k) match · 2022
Employer contribution per active participant$610
Median for plans this size$1,114

Shelby Residential & Vocational's 2022 employer contribution ran below the $1,114 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.

Administrative cost history2
2023Not separately reported
2022$8,942 · 0.50%
Similar plansHealth Care & Social Assistance · Tennessee
American Book Co. TN$1.9M · 0.95%
Mur-Ci Homes, Inc. TN$1.8M · 0.06%
Psalms, Inc. TN$1.6M · 0.10%
Generations-Gaither, Inc. TN$1.6M · 1.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620854890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.