Plan Ledger DOL Form 5500 · updated monthly

The Shade Store, LLC401(k)

THE SHADE STORE, LLC 401(K) PLAN · PORT CHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

The Shade Store, LLC reported $85,024 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,487 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 0.50% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,563rd-largest of 5,648 plans among New York employers on file, and the 762nd of 5,215 in retail trade. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,428,637
Participants with balances1,040
Active participants1,506
Employer contributions$2,239,580
Employee contributions$4,603,243
Employer contribution per active participant$1,487
Average account balance$39,835
Benefits paid to participants$4,273,916
Plan auditUnmodified (clean) audit opinion
AuditorLONG & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$41.4M · 1,040 accts · $2.2M emplr
2023$33.2M · 988 accts · $2.1M emplr
2022$25.4M · 347 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,024
Investment management$45,000
Total administrative$85,024
The The Shade Store, LLC 401(k) match · 2024
Employer contribution per active participant$1,487
Median for plans this size$2,416
2024$1,487 per active participant
2023$1,440 per active participant
2022$1,323 per active participant

The Shade Store, 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
PASI, LLC · Plan administrator · Recordkeeping$24,430
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$15,594
MERRILL LYNCH · Investment advisory (participants)$45,000

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

Recordkeeper by year2
2024John Hancock, PASI, LLC
2023John Hancock

This plan has changed recordkeepers within these filings. If you left The Shade Store, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,024 · 0.23%
2023$42,026 · 0.14%
2022$106,315 · 0.50%
Same employer
Similar plansRetail Trade · New York
Bob Johnson Chevrolet NY$50.9M · 0.35%
Adams Fairacre Farms, Inc. NY$47.7M · 0.25%
Healey Brothers, Inc. NY$43.7M · 0.28%
Roman Health Ventures, Inc. NY$39.9M · 0.44%
Sam Ash Music Corporation NY$39.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202342010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.