Plan Ledger DOL Form 5500 · updated monthly

J & E Precision Tool, LLC401(k)

J & E PRECISION TOOL, LLC 401(K) PLAN · SOUTHAMPTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

J & E Precision Tool, LLC reported $60,554 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,992 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 0.35% to 0.48%. 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 Massachusetts (1,674th of 2,726), and 7,794th of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,773,941
Participants with balances184
Active participants176
Employer contributions$526,657
Employee contributions$1,151,898
Employer contribution per active participant$2,992
Average account balance$69,424
Benefits paid to participants$2,851,628
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 184 accts · $527K emplr
2023$12.3M · 182 accts · $476K emplr
2022$11.3M · 170 accts · $376K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,554
Total administrative$60,554
The J & E Precision Tool, LLC 401(k) match · 2024
Employer contribution per active participant$2,992
Median for plans this size$2,416
2024$2,992 per active participant
2023$2,516 per active participant
2022$2,110 per active participant

J & E Precision Tool, LLC's 2024 employer contribution ran above 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 · 20242
GLOBAL RETIREMENT PARTNERS LLCindirect comp
ARES RETIREMENT PLAN SERVICES, LLC · 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$60,554 · 0.48%
2023$45,349 · 0.38%
2022$27,366 · 0.35%
Similar plansManufacturing · Massachusetts
Ariston USA, LLC MA$13.0M · 0.51%
Lutco, Inc. MA$12.9M · 0.51%
Keystone Dental, Inc. MA$12.9M · 0.26%
Pete's Tire Barn, Inc. MA$12.7M · 0.60%
Foghorn Therapeutics Inc MA$12.6M · 0.33%
Equal Exchange, Inc. MA$12.4M · 0.03%
Scully Signal Company MA$12.4M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042869823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.