Shelbyville Laundry 401(k) match, vesting and fees
What Shelbyville Laundry's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Deming Malone Livesay and Ostrof (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 352 defined-contribution plans in other services with 500 to 999 participants.
| Shelbyville Laundry: employer contribution per participant | $1,611 | |
| Peer median | $1,775 |
| Shelbyville Laundry: average balance | $31,778 | |
| Peer median | $48,211 |
| Shelbyville Laundry: admin expenses ÷ assets | 0.64% | |
| Peer median | 0.25% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $11.4M at the end of plan year 2021 to $19.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,578 | $19.8M | $1M | $1,611 | 0.64% | Not published | Form 5500 ↗ |
| 2023 | 1,614 | $17.3M | $787K | $1,015 | 0.63% | Not published | Form 5500 ↗ |
| 2022 | 664 | $8.6M | $611K | $1,683 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 854 | $11.4M | $546K | $1,331 | 0.20% | Not published | Form 5500 ↗ |
Common questions
Does Shelbyville Laundry match 401(k) contributions?
The match terms for the Shelbyville Laundry Inc. 401(k) Profit Sharing Plan & Trust have not been published from its filing yet. The plan year 2024 filing reports $1M in employer contributions, about $1,611 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Shelbyville Laundry 401(k) match vested?
The vesting schedule for the Shelbyville Laundry Inc. 401(k) Profit Sharing Plan & Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Shelbyville Laundry 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Shelbyville Laundry Inc..
I left Shelbyville Laundry. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Shelbyville Laundry Inc., (630) 618-1463) or the recordkeeper, ADP, Inc.. The Shelbyville Laundry old 401(k) page lists the contacts from every plan filing. Find an old Shelbyville Laundry 401(k)
Data from the public Form 5500 annual reports Shelbyville Laundry filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Shelbyville Laundry. Not financial advice. Report a correction · Methodology