Plan Ledger DOL Form 5500 · updated monthly

Shl US LLC401(k)

SHL US LLC 401(K) PLAN · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.19%

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

Shl US LLC reported $48,543 in plan administrative expenses for 2022: 0.19% of average plan assets, below the peer median. Employer contributions averaged $5,135 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 rose from 0.19% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 800th-largest of 1,918 plans among Minnesota employers on file, and the 4,901st of 11,654 in professional & technical services. In 2022, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,987,233
Participants with balances294
Active participants221
Employer contributions$1,134,804
Employee contributions$2,676,517
Employer contribution per active participant$5,135
Average account balance$81,589
Benefits paid to participants$1,442,282
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 169 accts · $390K emplr
2023$18.4M · 187 accts · $625K emplr
2022$24.0M · 294 accts · $1.1M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$48,543
Total administrative$48,543
The Shl US LLC 401(k) match · 2022
Employer contribution per active participant$5,135
Median for plans this size$2,266
2024$3,897 per active participant
2023$5,344 per active participant
2022$5,135 per active participant

Shl US LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$40,591 · 0.21%
2023$41,261 · 0.19%
2022$48,543 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Boyum & Barenscheer, Pllp MN$24.9M · 0.16%
Impact of Minnesota, Inc. MN$24.5M · 0.32%
Marketing Architects, Inc. MN$24.5M · 0.26%
Alliant Engineering, Inc. MN$24.1M · 0.31%
Hellmuth & Johnson, PLLC MN$23.1M · 0.29%
Sopheon Corporation MN$21.4M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470958091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.