Shively Bros 401(k) match, vesting and fees
What Shively Bros' 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 | Alerus Financial, N.A. | Schedule C ↗ |
| Independent auditor | Lewis & Knopf, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Shively Bros: employer contribution per participant | $554 | |
| Peer median | $1,988 |
| Shively Bros: average balance | $40,753 | |
| Peer median | $75,431 |
| Shively Bros: admin expenses ÷ assets | 0.60% | |
| Peer median | 0.31% |
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 $7.2M at the end of plan year 2021 to $7.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 281 | $7.9M | $107K | $554 | 0.60% | Not published | Form 5500 ↗ |
| 2023 | 255 | $6.3M | $93K | $523 | 0.82% | Not published | Form 5500 ↗ |
| 2022 | 241 | $5.5M | $79K | $502 | 0.80% | Not published | Form 5500 ↗ |
| 2021 | 240 | $7.2M | $68K | $469 | 0.68% | Not published | Form 5500 ↗ |
Other Shively Bros plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Shively Bros., Inc. Employee Stock Ownership Plan and Trust
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.
| Independent auditor | Lewis & Knopf PC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Shively Bros match 401(k) contributions?
The match terms for the Shively Bros., Inc. Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $107K in employer contributions, about $554 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Shively Bros 401(k) match vested?
The vesting schedule for the Shively Bros., Inc. Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Shively Bros 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Alerus Financial, N.A.. The plan administrator is Shively Bros., Inc..
I left Shively Bros. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Shively Bros., Inc., (810) 232-7401) or the recordkeeper, Alerus Financial, N.A.. The Shively Bros old 401(k) page lists the contacts from every plan filing. Find an old Shively Bros 401(k)
Data from the public Form 5500 annual reports Shively Bros 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 Shively Bros. Not financial advice. Report a correction · Methodology