Plan Ledger DOL Form 5500 · updated monthly

Shepherds Baptist Ministries, Inc.401(k)

SHEPHERDS MINISTRIES 401(K) PLAN · UNION GROVE, WI · plan year 2022

Reported admin expense ratio · 2022
0.64%

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

Shepherds Baptist Ministries, Inc. reported $9,952 in plan administrative expenses for 2022: 0.64% of average plan assets, above the peer median. Employer contributions averaged $498 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Wisconsin (1,867th of 1,936), and 2,978th of 3,341 in other services. In 2022, employees put in $5.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,431,242
Participants with balances69
Active participants93
Employer contributions$46,342
Employee contributions$234,084
Employer contribution per active participant$498
Average account balance$20,743
Benefits paid to participants$235,013
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,952
Total administrative$9,952
The Shepherds Baptist Ministries, Inc. 401(k) match · 2022
Employer contribution per active participant$498
Median for plans this size$1,114

Shepherds Baptist Ministries, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,952 · 0.64%
Similar plansOther Services · Wisconsin
Quillin's, Inc. WI$2.8M · 1.34%
Rochelle Leigh Group LLC WI$2.1M · 1.23%
Vaquero Genios Inc. WI$150 · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390988997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.