Plan Ledger DOL Form 5500 · updated monthly

J & B Importers, Inc.401(k)

J & B IMPORTERS, INC., RETIREMENT/ PROFIT SHARING PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

J & B Importers, Inc. reported $29,217 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,048 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 0.05% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 552nd-largest of 3,644 plans among Florida employers on file, and the 870th of 4,246 in wholesale trade. In 2024, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,389,581
Participants with balances250
Active participants255
Employer contributions$522,341
Employee contributions$1,626,613
Employer contribution per active participant$2,048
Average account balance$189,558
Benefits paid to participants$2,766,978
Plan auditUnmodified (clean) audit opinion
AuditorDE LA HOZ, PEREZ & BARBEITO, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$47.4M · 250 accts · $522K emplr
2023$42.9M · 258 accts · $392K emplr
2022$37.6M · 264 accts · $827K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,249
Audit (IQPA)$19,968
Total administrative$29,217
The J & B Importers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,048
Median for plans this size$2,416
2024$2,048 per active participant
2023$1,469 per active participant
2022$3,063 per active participant

J & B Importers, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
DE LA HOZ, PEREZ & BARBE · Accounting / audit$20,000
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$9,248
USI SECURITIES 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$29,217 · 0.06%
2023$8,438 · 0.02%
2022$19,368 · 0.05%
Same employer
Similar plansWholesale Trade · Florida
Man Capital Corporation FL$56.3M · 0.06%
Eastern Metal Supply, Inc. FL$49.5M · 0.43%
McNichols Company FL$46.0M · 0.23%
Restaurant Services Inc FL$44.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591378517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.