Plan Ledger DOL Form 5500 · updated monthly

Shur-Co, LLC401(k)

SHUR-CO, LLC 401(K) PLAN · YANKTON, SD · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Shur-Co, LLC reported $53,798 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,226 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 3 years on file its reported administrative ratio has held roughly steady near 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 83rd-largest of 233 plans among South Dakota employers on file, and the 5,623rd of 13,661 in manufacturing. In 2024, employees put in $3.14 for every $1.00 the employer contributed; active participation has grown from 340 to 400 since 2022.

Plan summary
Net assets, end of year$21,717,565
Participants with balances486
Active participants400
Employer contributions$490,228
Employee contributions$1,539,743
Employer contribution per active participant$1,226
Average account balance$44,686
Benefits paid to participants$3,458,200
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 486 accts · $490K emplr
2023$19.9M · 420 accts · $401K emplr
2022$16.7M · 359 accts · $362K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,757
Investment management$36,041
Total administrative$53,798
The Shur-Co, LLC 401(k) match · 2024
Employer contribution per active participant$1,226
Median for plans this size$2,416
2024$1,226 per active participant
2023$1,076 per active participant
2022$1,065 per active participant

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

Service providers · 20242
VISIONPOINT ADVISORY GROUP · Investment advisory (plan)$36,041
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$17,757

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

Administrative cost history3
2024$53,798 · 0.26%
2023$48,771 · 0.27%
2022$50,660 · 0.27%
Same employer
Similar plansManufacturing · South Dakota
Aerostar International, LLC SD$36.9M · 0.10%
Viaflex, Inc. SD$32.9M · 0.35%
Persona Signs, LLC SD$20.5M · 0.49%
Glacial Lakes SD$20.0M · 0.18%
Dakota Provisions, LLC SD$16.6M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274029187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.