Plan Ledger DOL Form 5500 · updated monthly

Shoplc Global, Inc.401(k)

SHOPLC GLOBAL, INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Shoplc Global, Inc. reported $38,122 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,972 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 0.33% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,503rd-largest of 5,688 plans among Texas employers on file, and 2,430th of 4,246 in wholesale trade. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has shrunk from 431 to 353 since 2022.

Plan summary
Net assets, end of year$14,313,912
Participants with balances485
Active participants353
Employer contributions$696,170
Employee contributions$1,198,357
Employer contribution per active participant$1,972
Average account balance$29,513
Benefits paid to participants$1,195,135
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 485 accts · $696K emplr
2023$11.9M · 496 accts · $693K emplr
2022$9.5M · 522 accts · $705K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,220
Investment management$19,902
Total administrative$38,122
The Shoplc Global, Inc. 401(k) match · 2024
Employer contribution per active participant$1,972
Median for plans this size$2,416
2024$1,972 per active participant
2023$1,813 per active participant
2022$1,636 per active participant

Shoplc Global, Inc.'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 · 20242
401K ADVISORS INC · Recordkeeping · Trustee$19,902
ADP, INC. · Loan processing · Recordkeeping$18,220

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

Recordkeeper by year2
2024401K ADVISORS INC, ADP
2023401K ADVISORS INC, ADP

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

Administrative cost history3
2024$38,122 · 0.29%
2023$27,567 · 0.26%
2022$33,472 · 0.33%
Same employer
Similar plansWholesale Trade · Texas
FISHER59, LLC TX$14.8M · 0.32%
Allredi, LLC TX$14.5M · 0.32%
All-Pro Fasteners, Inc. TX$14.4M · 0.15%
Tramontina USA, Inc. TX$14.2M · 0.41%
Reece Supply Company, Inc. TX$13.8M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208355838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.