Plan Snapshot
- Plan Sponsor: Shapco INC.
- Sponsor EIN: 953942140
- Sponsor Address: 1666 20TH STREET, SUITE 100, SANTA MONICA, CA, 90404
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 504
- Total Assets: $31.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 504 | $31.7M | $0 | $0 |
| 2024 | 405 | $26.4M | $654,840 | $2.0M |
| 2023 | 428 | $23.8M | $470,950 | $2.0M |
| 2022 | 438 | $19.7M | $376,590 | $1.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $63,998 | — | $63,998 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,998
- Estimated Expense Ratio: 0.202% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $2,257,262 | — | $63,999 | — | — |
| 2024 | $75,123 | — | $75,123 | — | — |
| 2023 | $64,462 | — | $64,462 | — | — |
| 2022 | $60,031 | — | $60,031 | — | — |