Plan Ledger DOL Form 5500 · updated monthly

Shenkman Capital Management, Inc.401(k)

SHENKMAN CAPITAL MANAGEMENT, INC. 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2025

Reported admin expense ratio · 2025
0.00%

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

Shenkman Capital Management, Inc. reported $650 in plan administrative expenses for 2025: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,707 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 3 years on file its reported administrative ratio fell from 0.002% to 0.001%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 984th-largest of 5,648 plans among New York employers on file, and the 1,220th of 4,798 in finance & insurance. In 2025, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 131 to 149 since 2022.

Plan summary
Net assets, end of year$76,373,043
Participants with balances190
Active participants149
Employer contributions$850,396
Employee contributions$2,509,833
Employer contribution per active participant$5,707
Average account balance$401,963
Benefits paid to participants$1,646,722
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER LLP
Plan history4
Yearassets · accounts · employer contribution
2025$76.4M · 190 accts · $850K emplr
2024$63.8M · 175 accts · $10K emplr
2023$53.5M · 178 accts
2022$43.7M · 176 accts · $1K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$650
Total administrative$650
The Shenkman Capital Management, Inc. 401(k) match · 2025
Employer contribution per active participant$5,707
Median for plans this size$4,093
2025$5,707 per active participant
2024$69 per active participant
2022$11 per active participant

Shenkman Capital Management, Inc.'s 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$650

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

Administrative cost history4
2025$650 · 0.00%
2024$225 · 0.00%
2023$600 · 0.00%
2022$750 · 0.00%
Same employer
Similar plansFinance & Insurance · New York
Maxim Group, LLC NY$78.0M · 0.16%
Orbimed Advisors, L.L.C. NY$76.4M · 0.01%
Glencore LTD. NY$75.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133280361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.