Plan Ledger DOL Form 5500 · updated monthly

Shen Milsom & Wilke LLC401(k)

SHEN MILSOM & WILKE, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Shen Milsom & Wilke LLC reported $98,441 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $483 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 0.30% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,320th-largest of 5,648 plans among New York employers on file, and the 5,080th of 11,654 in professional & technical services. In 2024, employees put in $18.65 for every $1.00 the employer contributed; active participation has grown from 113 to 147 since 2022.

Plan summary
Net assets, end of year$22,870,653
Participants with balances196
Active participants147
Employer contributions$71,033
Employee contributions$1,324,630
Employer contribution per active participant$483
Average account balance$116,687
Benefits paid to participants$897,510
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 196 accts · $71K emplr
2023$19.2M · 199 accts · $51K emplr
2022$16.6M · 192 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,441
Total administrative$98,441
The Shen Milsom & Wilke LLC 401(k) match · 2024
Employer contribution per active participant$483
Median for plans this size$2,416
2024$483 per active participant
2023$351 per active participant
2022$533 per active participant

Shen Milsom & Wilke 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 · 20241
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$100,318

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$98,441 · 0.47%
2023$83,308 · 0.47%
2022$55,163 · 0.30%
Same employer
Similar plansProfessional & Technical Services · New York
First Mile Group, Inc. NY$22.9M · 0.47%
Gardiner & Theobald Inc. NY$22.7M · 0.28%
Numerix LLC NY$22.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263758621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.