Shintech Incorporated 401(k) Review & Grade
Shintech Incorporated Savings Plan
Houston, TXManufacturing1,028 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$10,460Employer $ per active participant
$12,328Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$268.0MNet plan assets, end of year
$223,150Average balance per account
Score breakdown
- Employer generosity48.4 / 5097th percentile for employer $ per participant
- Low cost18.6 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving14.2 / 1595th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 74th |
| Employee saving | 95th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Shintech Incorporated put in about $10,460 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $10,757,680 |
| Participant (employee) contributions | $12,679,804 |
| Other contributions (incl. rollovers in) | $1,088,473 |
| Administrative expenses paid from the plan | $247,061 |
| Other admin expenses | $247,061 |
| Benefits paid out | $19,156,405 |
| Net assets, start / end of year | $230.7M / $268.0M |
| Active participants, start / end of year | 998 / 1,059 |
| Participants with account balances | 1,201 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Harper & Pearson Company, P.C. |
Largest service providers (Schedule C)
| Vanguard Group, Inc. | $247,061 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015100531NAL0008659042001, received 2025-10-15, EIN 74-1750521, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.