Shamin Management 1 401(k) Plan: Login, Facts & Contact Information
Shamin Management 1 401(k) Login
249 former Shamin Management 1 employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Shamin Management 1 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $946,179 went into the plan in contributions, $123,398 of it from the employer (13%).
- $492,460 was paid out to participants.
- Investment and other income added $676,261.
- Administrative expenses were $35,311, about $70 per account.
How the Shamin Management 1 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 1,536 | $4.25 million | $132,068 | $302,893 |
| 2020 | 1,835 | $5.05 million | $115,058 | $620,061 |
| 2021 | 1,905 | $5.66 million | $110,560 | $775,999 |
| 2022 | 1,480 | $5.22 million | $114,947 | $373,936 |
| 2023 | 1,387 | $6.54 million | $121,543 | $552,730 |
| 2024 | 1,688 | $7.60 million | $123,398 | $492,460 |
Shamin Management 1 401(k) Contact Information
Questions about the Shamin Management 1 401(k)
Does Shamin Management 1 contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $123,398, 13% of all contributions.
Does the Shamin Management 1 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Shamin Management 1 401(k) plan?
1,688 participants at the start of plan year 2024, 1,563 of them active employees, and 249 former employees who still had money in the plan.
What is the average 401(k) balance at Shamin Management 1?
About $15,015 per account: $7.60 million in plan assets across 506 accounts with a balance at the end of plan year 2024.
Who manages the Shamin Management 1 401(k) accounts?
USI Consulting Group is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Shamin Management 1. How do I access my 401(k)?
Your account stays with USI Consulting Group after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.