Department of Labor filing

SHIMS BARGAIN, INC.

SHIMS BARGAIN, INC. 401(K) RETIREMENT PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Aug 11, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

45filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,358

Reported employer contributions per active participant.

Higher than about 35% of comparable plans

#People in the filing

225

Active participants reported for 2024.

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

¢Visible plan-paid fees

$105 / participant

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

Lower cost than about 68% of comparable plans

↗Investment performance

Not available

Plan assets changed 25.0%, 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 · 202445out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions35th percentileTypical peer $1,953 · based on 807 comparable plans

Lower reported administrative expense68th percentileTypical peer $170 · based on 814 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, 2024, SHIMS BARGAIN, INC. reported $305,456 in employer contributions across the plan and 225 active participants. That works out to $1,358 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 proxy87%

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 25.8%

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

Expense trendUp 29.6%

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

Peer context45/100

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: $305,456
Participant contributions: $709,010
Other contributions: Not reported
Employer share of reported contributions: 30.1%
Beginning assets: $8,070,106
Ending assets: $10,090,960
Ending net assets: $10,090,960
Ending liabilities: $0
Total income: $2,368,275
Total expenses: $347,421
Administrative expenses: $25,025
Participant loans: $358,296

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

$1,079

2023

$1,789

2024

$1,358

Plan-paid administrative expenses per participant

2022

$81

2023

$98

2024

$105

Active participants

2022

206

2023

145

2024

225

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,358	225	10.1M	20250811050740NAL0006703681001
2023	$1,789	145	8.1M	20241014175501NAL0015385763001
2022	$1,079	206	6.2M	20231016110505NAL0025381427001

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: 3.6%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 954446696-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2003
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
2E2F2G2J2K2T3D3F3H

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
BLACKROCK INVESTMENTS, INC.	2024	Not reported	unknown
FIDELITY DISTRIBUTORS CORP.	2024	Not reported	unknown
INVESCO	2024	Not reported	unknown
STATE STREET GLOBAL MARKETS	2024	Not reported	unknown
VANGUARD	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250811050740NAL0006703681001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗