# Shearer Supply, LLC 401(k) Plan
Source: https://planprovider.pro/companies/shearer-supply-llc-401k-plan

> Shearer Supply, LLC&#39;s 401(k) plan: 412 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Shearer Supply, LLC

- **Sponsor EIN:** 752948578

- **Sponsor Address:** TWO HICKORY CENTRE, FARMERS BRANCH, TX, 75234

- **Plan Type:** 401(k)

- **Total Participants:** 412

- **Total Assets:** $15.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|412|$15.3M|$759,578|$1.3M|

| 2023|248|$8.9M|$480,535|$844,058|

| 2022|224|$6.7M|$482,385|$777,807|

## 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|

| ARMANINO LLP|CONTRACT ADMIN|$7,810|—|$7,810|

| WATSON FINANCIAL, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ARMANINO LLP](https://planprovider.pro/provider/armanino-llp) — CONTRACT ADMIN

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $7,810

- **Estimated Expense Ratio:** 0.051% 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|

| 2024|$4,731|—|$4,731|—|—|

| 2023|$1,408|—|$1,408|—|—|

| 2022|$2,277|—|$2,277|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/shearer-supply-llc-401k-plan)

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