Plan Ledger DOL Form 5500 · updated monthly

Shepherd Electric Co., Inc.401(k)

SHEPHERD ELECTRIC COMPANY INC. 401(K) AND PROFIT SHARING PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Shepherd Electric Co., Inc. reported $26,135 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,084 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 fell from 0.20% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 360th-largest of 1,671 plans among Maryland employers on file, and the 934th of 4,246 in wholesale trade. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 254 to 384 since 2022.

Plan summary
Net assets, end of year$44,331,119
Participants with balances280
Active participants384
Employer contributions$1,952,432
Employee contributions$2,067,239
Employer contribution per active participant$5,084
Average account balance$158,325
Benefits paid to participants$8,564,139
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$44.3M · 280 accts · $2.0M emplr
2023$42.7M · 263 accts · $785K emplr
2022$36.9M · 248 accts · $698K emplr
Administrative expenses, itemized · 2024
Investment management$80,776
Total administrative$26,135
The Shepherd Electric Co., Inc. 401(k) match · 2024
Employer contribution per active participant$5,084
Median for plans this size$2,416
2024$5,084 per active participant
2023$2,707 per active participant
2022$2,750 per active participant

Shepherd Electric Co., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
BROWN ADVISORY LLC · Investment advisory (plan)$80,776
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history4
2025Not separately reported
2024$26,135 · 0.06%
2023$64,611 · 0.16%
2022$81,800 · 0.20%
Same employer
Similar plansWholesale Trade · Maryland
Class Produce Group, LLC MD$50.9M · 0.15%
Thos Somerville Co MD$45.4M · 0.11%
Beretta U.S.A. Corporation MD$43.9M · 0.21%
Tilley Distribution, Inc. MD$40.8M · 0.25%
Northeastern Supply, Inc. MD$39.6M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520482550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.