Shift, PPC, LLC 401(k) Review & Grade
Shift Digital Retirement Savings Plan
Birmingham, MIProfessional, Scientific & Technical Services696 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$879Employer $ per active participant
$5,820Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$37.9MNet plan assets, end of year
$62,962Average balance per account
Score breakdown
- Employer generosity9.0 / 5018th percentile for employer $ per participant
- Low cost8.7 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving4.4 / 1529th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 35th |
| Employee saving | 29th |
| Peers that auto-enroll | 48% |
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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
- Shift, PPC put in about $879 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.35% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $611,396 |
| Participant (employee) contributions | $4,047,658 |
| Other contributions (incl. rollovers in) | $637,508 |
| Administrative expenses paid from the plan | $123,143 |
| Contract administrator fees | $98,156 |
| Investment advisory & management fees | $24,987 |
| Benefits paid out | $4,033,757 |
| Net assets, start / end of year | $31.9M / $37.9M |
| Active participants, start / end of year | 733 / 658 |
| Participants with account balances | 602 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $97,656 reported compensation |
| Morgan Stanley Global | $24,987 reported compensation |
| Great Lakes Pension Associates, Inc | $17,461 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015101448NAL0002129891001, received 2025-10-15, EIN 81-4726888, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.