What are the fees in the U S Shale Management Company 401(k) plan?

For plan year 2022, U S Shale Management Company reported $15,670 in plan administrative expenses, or 1.70% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the U S Shale Management Company 401(k)?

The average participant account balance was $7,471 for plan year 2022, based on 114 accounts.

U S Shale Management Company401(k)

Name: U S Shale Management Company 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

US SHALE MANAGEMENT COMPANY 401(K) PLAN · BILLING, MT · plan year 2022

Reported admin expense ratio · 2022

1.70%

U S Shale Management Company reported $15,670 in plan administrative expenses for 2022: 1.70% of average plan assets, higher than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Montana (223rd of 229), and 2,335th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$851,717
Participants with balances114
Active participants92
Employer contributions—
Employee contributions$264,300
Employer contribution per active participant—
Average account balance$7,471
Benefits paid to participants$263,400
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$15,670

Total administrative$15,670

What these fees cost you

Your balance

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$15,670 · 1.70%

Similar plansTransportation & Warehousing · Montana
Billings Flying Service, Inc. MT$5.5M · 0.33%
Freight Agency, Inc. MT$3.0M · 0.39%
Avmax Montana, Inc. MT$1.8M · 1.06%
Onl-Rbw Logistics GA$866K · 1.18%
Smith Trucking Company, Inc. FL$863K · 0.76%
Corcoran Trucking, Inc. MT$861K · 0.81%
Marysville Releasing Inc. IL$856K · 1.05%
Fast Track Ems, LLC VA$846K · 0.47%

Why are you looking at this plan?

Compare
401(k) plans in Montana
Worked here before? Find your old 401(k)
401(k) plans in Transportation & Warehousing
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 475308108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.