Plan Ledger DOL Form 5500 · updated monthly

A.F.M.L. Inc. dba Jiffy Lube401(k)

AFML, INC. 401(K) PROFIT SHARING PLAN · AUGUSTA, GA · plan year 2021

Reported admin expense ratio · 2021
1.16%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

A.F.M.L. Inc. dba Jiffy Lube reported $18,842 in plan administrative expenses for 2021: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,853 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio has held roughly steady near 1.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Georgia (1,964th of 2,160), and 2,905th of 3,341 in other services. In 2021, the employer put in $1.91 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,806,528
Participants with balances56
Active participants63
Employer contributions$116,743
Employee contributions$60,975
Employer contribution per active participant$1,853
Average account balance$32,259
Benefits paid to participants$31,973
Plan auditDisclaimer of opinion
AuditorSEROTTA MADDOCKS EVANS & CO., CPAS
Plan history2
Yearassets · accounts · employer contribution
2022$1.6M · 42 accts · $49K emplr
2021$1.8M · 56 accts · $117K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$18,842
Total administrative$18,842
The A.F.M.L. Inc. dba Jiffy Lube 401(k) match · 2021
Employer contribution per active participant$1,853
Median for plans this size$994
2022$588 per active participant
2021$1,853 per active participant

A.F.M.L. Inc. dba Jiffy Lube's 2021 employer contribution ran above the $994 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$19,182 · 1.14%
2021$18,842 · 1.16%
Similar plansOther Services · Georgia
Oryza Group GA$2.1M · 0.67%
Reformation Holdings Inc GA$773K · 1.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 582204515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.