Plan Ledger DOL Form 5500 · updated monthly

Shiel Sexton Company, Inc.401(k) + ESOP (KSOP)

SHIEL SEXTON COMPANY, INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Shiel Sexton Company, Inc. reported $138,201 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $8,807 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 0.13% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 116th-largest of 1,562 plans among Indiana employers on file, and the 505th of 5,337 in construction. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 384 to 450 since 2022.

Plan summary
Net assets, end of year$127,904,785
Participants with balances616
Active participants450
Employer contributions$3,963,190
Employee contributions$5,052,425
Employer contribution per active participant$8,807
Average account balance$207,638
Benefits paid to participants$8,256,849
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$127.9M · 616 accts · $4.0M emplr
2023$102.1M · 465 accts · $3.5M emplr
2022$81.3M · 552 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$138,201
Total administrative$138,201
The Shiel Sexton Company, Inc. 401(k) match · 2024
Employer contribution per active participant$8,807
Median for plans this size$3,635
2024$8,807 per active participant
2023$10,779 per active participant
2022$7,185 per active participant

Shiel Sexton Company, Inc.'s 2024 employer contribution ran above the $3,635 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
NEWPORT GROUP, INC. · Recordkeeping · Trustee$17,716
PROCOURSE · Investment advisory (plan)$8,125

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$138,201 · 0.12%
2023$116,189 · 0.13%
2022$98,766 · 0.13%
Same employer
Similar plansConstruction · Indiana
Ermco, Inc. IN$147.2M · 0.06%
Ibew Local Union 668 IN$96.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351268249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.