Retirement plan

SHAW SERVICES COMPANY 401(K) PLAN

Name: SHAW SERVICES COMPANY - SHAW SERVICES COMPANY 401(K) PLAN (2024) Form 5500
Creator: SHAW SERVICES COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHAW SERVICES COMPANY 401(K) PLAN, SHAW SERVICES COMPANY

SHAW SERVICES COMPANYEIN 27-1500013Plan #001PY 2024

300 KALAMATH STREET - DENVER, CO 80223303-825-4740

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$26.3M

+13.1% from 2023

Total participants

286

-12.5% from 2023

Average account balance

$93,056

+27.9% from 2023

Annual return

15.24%

-3.77 pp from 2023

Benchmarks

See 3,446 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,446 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$26.33M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$93K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

283

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.24%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$349

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$44,076
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY CAPITAL MANAGEMENT Service code 28 · EIN 11-3658445	Investment Management	$19,587
COOK STREET CONSULTING1 year Filed as: COOK STREET CONSULTING, INC Service code 28 · EIN 84-0854432	Investment Management	$19,284
M HOLDING SECURITIES, INC.2 years Filed as: P&M HOLDING GROUP LLP Service code 10 · EIN 33-1498605	Accounting	$16,800

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$99K

$485 / participant

Recordkeeping$44K44.5%
Investment mgmt$39K39.3%
Other / not subdivided$16K16.2%

% of EOY assets

0.375%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN, PLLC
Auditor EIN: 331498605
Audit fees: $16,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,056

$80,748+15.2%

$102,383-9.1%

$74,429+25.0%

Participation rate

98.5%

65.7%+32.9pp

74.5%+24.0pp

67.2%+31.3pp

Annual return

15.24%

27.57%-12.3pp

24.94%-9.7pp

1368.38%-1353.1pp

Employer contribution / active EE

$3,344

$3,159+5.8%

$3,870-13.6%

$2,625+27.4%

Participant deferral / active EE

$10,778

$3,861+179.2%

$5,060+113.0%

$4,348+147.9%

Admin fee / account holder

$349

$2,371-85.3%

$8,391-95.8%

$1,944-82.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.2 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$44,076

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY CAPITAL MANAGEMENT

Service code 28 · EIN 11-3658445

Investment Management

$19,587

COOK STREET CONSULTING1 year

Filed as: COOK STREET CONSULTING, INC

Service code 28 · EIN 84-0854432

Investment Management

$19,284

M HOLDING SECURITIES, INC.2 years

Filed as: P&M HOLDING GROUP LLP

Service code 10 · EIN 33-1498605

Accounting

$16,800

SHAW SERVICES COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHAW SERVICES COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion