Department of Labor filing

SHELBY GROUP INTERNATIONAL, INC.

SHELBY GROUP EMPLOYEES PROFIT SHARING 401(K) PLAN · For the plan year ended Dec 31, 2023

Public filing 2023 · received Oct 14, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

66filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$3,654

Reported employer contributions per active participant.

Higher than about 83% of comparable plans

#People in the filing

268

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$255 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 27% of comparable plans

↗Investment performance

Not available

Plan assets changed 7.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202366out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions83rd percentileTypical peer $1,965 · based on 1,320 comparable plans

Lower reported administrative expense27th percentileTypical peer $171 · based on 1,349 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, SHELBY GROUP INTERNATIONAL, INC. reported $979,272 in employer contributions across the plan and 268 active participants. That works out to $3,654 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy69%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 9.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 29.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context66/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $979,272
Participant contributions: $1,391,642
Other contributions: $24,534
Employer share of reported contributions: 41.3%
Beginning assets: $30,724,710
Ending assets: $33,004,358
Ending net assets: $33,004,358
Ending liabilities: Not reported
Total income: $6,825,603
Total expenses: $4,545,955
Administrative expenses: $101,045
Participant loans: $441,499

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,328

2023

$3,654

Plan-paid administrative expenses per participant

2022

$359

2023

$255

Active participants

2022

266

2023

268

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$3,654	268	33M	20241014172703NAL0027980321002
2022	$3,328	266	30.7M	20231010131834NAL0018893731001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 621237127-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jul 1, 1985
Industry: Wholesale trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2F2J2K2S2T2E3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
TRANSAMERICA RETIREMENT SOLUTIONS	2023	Not reported	unknown

Current plan terms

Help fill the gap the filing leaves.

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Filing ACK_ID20241014172703NAL0027980321002

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗