Plan Ledger DOL Form 5500 · updated monthly

J & B Sausage Co. Inc.401(k)

J BAR B FOODS RETIREMENT PLAN · WAELDER, TX · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

J & B Sausage Co. Inc. reported $10,789 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,250 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 1 year on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,239th-largest of 5,688 plans among Texas employers on file, and the 6,558th of 13,661 in manufacturing. In 2023, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,051,530
Participants with balances285
Active participants239
Employer contributions$537,678
Employee contributions$834,837
Employer contribution per active participant$2,250
Average account balance$59,830
Benefits paid to participants$2,895,163
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$17.1M · 285 accts · $538K emplr
2022$16.6M · 314 accts · $595K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,789
Total administrative$10,789
The J & B Sausage Co. Inc. 401(k) match · 2023
Employer contribution per active participant$2,250
Median for plans this size$2,440
2023$2,250 per active participant
2022$1,522 per active participant

J & B Sausage Co. Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$10,789 · 0.06%
2022$10,963 · 0.07%
Same employer
Similar plansManufacturing · Texas
Lala U.S., Inc. TX$17.4M · 0.16%
Chandler Signs, LLC TX$17.3M · 0.49%
Control Solutions, Inc. TX$17.3M · 0.61%
Omnion Power Inc. TX$16.9M · 0.05%
Handgards, LLC TX$16.9M · 0.25%
Colordynamics, Inc. TX$16.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741648253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.