Plan Snapshot
- Plan Sponsor: The Shade Store, LLC
- Sponsor EIN: 202342010
- Sponsor Address: 21 ABENDROTH AVE, PORT CHESTER, NY, 10573
- Plan Type: 401(k)
- Total Participants: 1,506
- Total Assets: $41.4M
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 | 1,506 | $41.4M | $2.2M | $4.6M |
| 2023 | 1,456 | $33.2M | $2.1M | $4.3M |
| 2022 | 1,587 | $25.4M | $2.1M | $4.4M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH | Investment Advisor | $45,000 | — | $45,000 |
| PASI, LLC | Recordkeeper | $24,430 | — | $24,430 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $15,594 | — | $15,594 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — Investment Advisor
- JOHN HANCOCK LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,024
- Estimated Expense Ratio: 0.205% 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 | $85,024 | $45,000 | $24,430 | — | — |
| 2023 | $42,026 | $11,250 | $30,776 | — | — |
| 2022 | $106,315 | — | $96,875 | — | $9,440 |