Plan Ledger DOL Form 5500 · updated monthly

Shelly & Sands, Inc.401(k)

SHELLY & SANDS, INC. EMPLOYEES 401(K) PLAN · ZANESVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Shelly & Sands, Inc. reported $178,907 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $6,058 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 0.20% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 419th-largest of 3,295 plans among Ohio employers on file, and the 693rd of 5,337 in construction. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$86,859,141
Participants with balances383
Active participants342
Employer contributions$2,071,752
Employee contributions$2,747,966
Employer contribution per active participant$6,058
Average account balance$226,786
Benefits paid to participants$10,694,595
Plan auditUnmodified (clean) audit opinion
AuditorBHM CPA GROUP, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$86.9M · 383 accts · $2.1M emplr
2023$82.3M · 373 accts · $2.0M emplr
2022$71.6M · 354 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$178,907
Total administrative$178,907
The Shelly & Sands, Inc. 401(k) match · 2024
Employer contribution per active participant$6,058
Median for plans this size$3,635
2024$6,058 per active participant
2023$5,811 per active participant
2022$5,959 per active participant

Shelly & Sands, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$178,907
CAMBRIDGE INVESTMENT RESEARCH INC · Other servicesindirect comp
INVICTA CAPITAL LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$178,907 · 0.21%
2023$164,731 · 0.21%
2022$163,262 · 0.20%
Same employer
Similar plansConstruction · Ohio
Airtron LLC OH$87.7M · 0.00%
Vaughn Industries, LLC OH$87.5M · 0.28%
Lithko Contracting, LLC OH$86.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314351261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.