Plan Snapshot
- Plan Sponsor: Shein Distribution Corporation
- Sponsor EIN: 863716980
- Sponsor Address: 777 S ALAMEDA ST STE 400, LOS ANGELES, CA, 90021
- Plan Type: 401(k)
- Total Participants: 267
- Total Assets: $4.7M
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. |
|---|---|---|---|---|
| 2024 | 267 | $4.7M | $478,297 | $1.5M |
| 2023 | 299 | $2.4M | $263,468 | $923,351 |
| 2022 | 210 | $811,215 | $145,227 | $508,944 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $5,849 | — | $5,849 |
| WEAVER AND TIDWELL L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- WEAVER AND TIDWELL L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,849
- Estimated Expense Ratio: 0.124% 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 | $5,850 | — | — | — | — |
| 2023 | $2,741 | — | — | — | — |
| 2022 | $1,976 | — | — | — | — |