Plan Ledger DOL Form 5500 · updated monthly

SHIFT4 Payments, LLC401(k)

SHIFT4 401(K) PLAN · CENTER VALLEY, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

SHIFT4 Payments, LLC reported $24,348 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,357 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 0.38% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 494th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,046th of 4,798 in finance & insurance. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 1,726 to 3,325 since 2022.

Plan summary
Net assets, end of year$94,853,468
Participants with balances1,528
Active participants3,325
Employer contributions$4,511,215
Employee contributions$9,547,561
Employer contribution per active participant$1,357
Average account balance$62,077
Benefits paid to participants$12,481,878
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$94.9M · 1,528 accts · $4.5M emplr
2023$78.2M · 1,397 accts · $2.9M emplr
2022$57.2M · 1,163 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,263
Total administrative$24,348
The SHIFT4 Payments, LLC 401(k) match · 2024
Employer contribution per active participant$1,357
Median for plans this size$3,635
2024$1,357 per active participant
2023$1,492 per active participant
2022$1,194 per active participant

SHIFT4 Payments, LLC's 2024 employer contribution ran below the $3,635 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$19,263

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

Administrative cost history3
2024$24,348 · 0.03%
2023$208,864 · 0.31%
2022$157,108 · 0.38%
Same employer
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Cnb Bank PA$96.9M · 0.04%
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Hamilton Lane Advisors, LLC PA$94.9M · 0.15%
Firstrust Savings Bank PA$83.5M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465216257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.