Plan Ledger DOL Form 5500 · updated monthly

Sheltair Resources, LLC401(k)

SHELTAIR RESOURCES 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
1.14%

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

Sheltair Resources, LLC reported $164,216 in plan administrative expenses for 2024: 1.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $814 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 0.51% to 1.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,379th-largest of 3,644 plans among Florida employers on file, and the 913th of 2,677 in transportation & warehousing. In 2024, employees put in $3.44 for every $1.00 the employer contributed; active participation has grown from 384 to 431 since 2022.

Plan summary
Net assets, end of year$14,781,628
Participants with balances709
Active participants431
Employer contributions$350,868
Employee contributions$1,206,896
Employer contribution per active participant$814
Average account balance$20,849
Benefits paid to participants$2,364,762
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 709 accts · $351K emplr
2023$14.1M · 750 accts · $406K emplr
2022$13.3M · 626 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$164,216
Total administrative$164,216
The Sheltair Resources, LLC 401(k) match · 2024
Employer contribution per active participant$814
Median for plans this size$2,416
2024$814 per active participant
2023$942 per active participant
2022$838 per active participant

Sheltair Resources, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
WARREN AVERETT BENEFIT CONSULTANTS · Contract administrator$71,523
EMPOWER ADVISORY GROUP LLC · Investment management$41,639
FIFTH THIRD BANK · Investment advisory (plan)$19,052

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$164,216 · 1.14%
2023$100,391 · 0.73%
2022$75,213 · 0.51%
Same employer
Similar plansTransportation & Warehousing · Florida
Silver Airways Corp. FL$16.1M · 0.57%
Mobro Marine, Inc. FL$14.8M · 0.02%
El Al Israel Airlines, LTD. FL$14.4M · 0.34%
Allstates Worldcargo, Inc. FL$13.0M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872008138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.