Plan Ledger DOL Form 5500 · updated monthly

Shuert Technology, LLC401(k)

SHUERT TECHNOLOGY, LLC 401(K) RETIREMENT PLAN · STERLING HEIGHTS, MI · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Shuert Technology, LLC reported $54,251 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $512 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,691st of 2,619), and 9,612th of 13,661 in manufacturing. In 2022, employees put in $4.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,116,499
Participants with balances87
Active participants150
Employer contributions$76,843
Employee contributions$362,339
Employer contribution per active participant$512
Average account balance$93,293
Benefits paid to participants$98,589
Plan auditUnmodified (clean) audit opinion
AuditorGRANT MILLMAN & JOHNSON
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,881
Investment management$32,370
Total administrative$54,251
The Shuert Technology, LLC 401(k) match · 2022
Employer contribution per active participant$512
Median for plans this size$1,114

Shuert Technology, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$54,251 · 0.63%
Same employer
Similar plansManufacturing · Michigan
Borroughs, LLC MI$8.2M · 0.01%
Yates Industries, Inc. MI$8.2M · 0.16%
Swoboda, Inc. MI$8.2M · 0.44%
Vantage Plastics MI$8.1M · 0.64%
Adco Circuits, Inc. MI$8.0M · 0.51%
Big Rapids Products, Inc. MI$8.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943450951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.