Plan Ledger DOL Form 5500 · updated monthly

Shodeen Group, LLC401(k)

SHODEEN GROUP, LLC 401(K) PLAN · GENEVA, IL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Shodeen Group, LLC reported $50,806 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,485 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 0.42% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (2,075th of 3,702), and the 2,592nd of 5,337 in construction. In 2024, employees put in $3.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,947,616
Participants with balances112
Active participants119
Employer contributions$176,703
Employee contributions$696,120
Employer contribution per active participant$1,485
Average account balance$124,532
Benefits paid to participants$1,012,210
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON PARGMAN & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 112 accts · $177K emplr
2023$12.5M · 120 accts · $177K emplr
2022$10.7M · 122 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,061
Investment management$32,745
Total administrative$50,806
The Shodeen Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,485
Median for plans this size$2,416
2024$1,485 per active participant
2023$1,582 per active participant
2022$1,425 per active participant

Shodeen Group, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$18,061
IRON FINANCIAL · Investment advisory (plan)$32,745

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$50,806 · 0.38%
2023$45,925 · 0.40%
2022$48,661 · 0.42%
Similar plansConstruction · Illinois
Rose Paving, LLC IL$15.3M · 0.66%
Quad-County Ready Mix Corp. IL$15.2M · 0.37%
Dukane Precast, Inc. IL$14.6M · 0.57%
J.A. Watts, Inc. IL$13.9M · 0.67%
3E, LLC IL$13.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461638946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.