Plan Ledger DOL Form 5500 · updated monthly

Siteworx LLC dba SHIFT7 Digital401(k)

SHIFT7 DIGITAL 401(K) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.42%

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

Siteworx LLC dba SHIFT7 Digital reported $37,940 in plan administrative expenses for 2022: 0.42% of average plan assets, below the peer median. Employer contributions averaged $2,372 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 professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,534th of 3,702), and 8,493rd of 11,654 in professional & technical services. In 2022, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,511,925
Participants with balances165
Active participants122
Employer contributions$289,433
Employee contributions$995,307
Employer contribution per active participant$2,372
Average account balance$51,587
Benefits paid to participants$557,490
Plan auditUnmodified (clean) audit opinion
AuditorANGLIN REICHMANN ARMSTRONG, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,255
Investment management$36,685
Total administrative$37,940
The Siteworx LLC dba SHIFT7 Digital 401(k) match · 2022
Employer contribution per active participant$2,372
Median for plans this size$1,114

Siteworx LLC dba SHIFT7 Digital's 2022 employer contribution ran above the $1,114 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 history1
2022$37,940 · 0.42%
Similar plansProfessional & Technical Services · Illinois
Amplifi Loyalty Solutions IL$8.6M · 0.70%
Kalderos, Inc. IL$8.4M · 0.23%
W-T Engineering, LLC IL$8.4M · 0.06%
Kranze Technology IL$8.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820546172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.