Shamit Management Inc. 401(k) Plan: Login, Facts & Contact Information
Shamit Management Inc. 401(k) Login
52 former Shamit Management Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Shamit Management Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 18, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $501,685 went into the plan in contributions, $66,775 of it from the employer (13%).
- $266,175 was paid out to participants.
- Investment and other income added $346,377.
- Administrative expenses were $24,675, about $201 per account.
How the Shamit Management Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 169 | $1.62 million | $47,715 | $18,623 |
| 2020 | 186 | $2.16 million | $47,575 | $800 |
| 2021 | 167 | $2.19 million | $37,069 | $579,708 |
| 2022 | 219 | $2.00 million | $45,217 | $131,713 |
| 2023 | 257 | $2.60 million | $42,760 | $133,962 |
| 2024 | 287 | $3.16 million | $66,775 | $266,175 |
Shamit Management Inc. 401(k) Contact Information
Questions about the Shamit Management Inc. 401(k)
Does Shamit Management Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $66,775, 13% of all contributions.
Does the Shamit Management Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Shamit Management Inc 401(k) plan?
287 participants at the start of plan year 2024, 217 of them active employees, and 52 former employees who still had money in the plan.
What is the average 401(k) balance at Shamit Management Inc?
About $25,663 per account: $3.16 million in plan assets across 123 accounts with a balance at the end of plan year 2024.
Who manages the Shamit Management Inc 401(k) accounts?
ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Shamit Management Inc. How do I access my 401(k)?
Your account stays with ADP Retirement Services 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.