Plan Ledger DOL Form 5500 · updated monthly

Shinda Management Corp401(k)

SHINDA MANAGEMENT CORP 401(K) PROFIT SHARING PLAN & TRUST · QUEENS VILLAGE, NY · plan year 2023

Reported admin expense ratio · 2023
0.62%

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

Shinda Management Corp reported $14,077 in plan administrative expenses for 2023: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,130 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 has held roughly steady near 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (5,022nd of 5,648), and 1,790th of 2,096 in real estate & leasing. In 2023, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,519,056
Participants with balances68
Active participants83
Employer contributions$93,779
Employee contributions$243,963
Employer contribution per active participant$1,130
Average account balance$37,045
Benefits paid to participants$175,313
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPAS LLC
Plan history2
Yearassets · accounts · employer contribution
2023$2.5M · 68 accts · $94K emplr
2022$2.0M · 102 accts · $106K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,650
Investment management$6,567
Trustee / custodial$860
Total administrative$14,077
The Shinda Management Corp 401(k) match · 2023
Employer contribution per active participant$1,130
Median for plans this size$1,308
2023$1,130 per active participant
2022$1,289 per active participant

Shinda Management Corp's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PAYCHEX, INC. · Investment advisory (plan) · Recordkeeping$9,929
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan) · Recordkeeping$6,477

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

Administrative cost history2
2023$14,077 · 0.62%
2022$15,816 · 0.64%
Similar plansReal Estate & Leasing · New York
Vici Properties L.P. NY$3.3M · 0.71%
Sinatra Management LLC NY$2.6M · 1.35%
Neuehouse Management, LLC NY$2.5M · 1.64%
Elh Mgmt LLC NY$2.4M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133095869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.