Plan Ledger DOL Form 5500 · updated monthly

Echelon Supply & Service, Inc.401(k)

JGB ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · LIVERPOOL, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Echelon Supply & Service, Inc. reported $11,310 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 rose from 0.03% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,437th of 5,648), and 8,262nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$11,272,408
Participants with balances210
Active participants246
Employer contributions$0
Employee contributions$586,037
Employer contribution per active participant$0
Average account balance$53,678
Benefits paid to participants$2,005,589
Plan auditUnmodified (clean) audit opinion
AuditorBOWERS & COMPANY CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 210 accts
2023$11.0M · 231 accts
2022$8.3M · 231 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,325
Total administrative$11,310
The Echelon Supply & Service, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Echelon Supply & Service, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
LPL FINANCIAL CORPORATIONindirect comp
RIMKUS, MARCIANO & ASSOCIATES INC · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$11,310 · 0.10%
2023$13,863 · 0.14%
2022$3,500 · 0.03%
Same employer
Similar plansManufacturing · New York
Varflex Corporation NY$11.5M · 0.04%
Kinplex Corporation NY$11.3M · 0.35%
Caf USA, Inc. NY$11.2M · 0.31%
Ascent Pharmaceuticals Inc. NY$11.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161077780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.