Plan Ledger DOL Form 5500 · updated monthly

J.B. Sullivan, Inc.401(k)

J.B. SULLIVAN, INC. RETIREMENT PLAN · SAVANNA, IL · plan year 2023

Reported admin expense ratio · 2023
0.81%

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

J.B. Sullivan, Inc. reported $71,441 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $128 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 rose from 0.71% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,464th of 3,702), and 2,810th of 5,215 in retail trade. In 2023, employees put in $7.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,133,567
Participants with balances236
Active participants320
Employer contributions$41,064
Employee contributions$325,892
Employer contribution per active participant$128
Average account balance$38,702
Benefits paid to participants$1,106,800
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$9.1M · 236 accts · $41K emplr
2022$8.5M · 263 accts · $103K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,510
Investment management$30,931
Total administrative$71,441
The J.B. Sullivan, Inc. 401(k) match · 2023
Employer contribution per active participant$128
Median for plans this size$1,308
2023$128 per active participant
2022$314 per active participant

J.B. Sullivan, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Participant communication$40,510
STEELE CAPITAL MANAGEMENT, INC. · Trustee (directed) · Investment advisory (plan)$30,931
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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Administrative cost history3
2024Not separately reported
2023$71,441 · 0.81%
2022$67,841 · 0.71%
Same employer
Similar plansRetail Trade · Illinois
Carpet Weavers, Inc. IL$9.5M · 0.41%
Hammacher Schlemmer IL$9.5M · 0.01%
Butera Finer Foods, Inc. IL$9.4M · 0.27%
Star Nissan IL$9.1M · 0.06%
Atl Tire Services, LLC IL$9.1M · 0.36%
O'Brien Auto Team, Inc. IL$9.0M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362868676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.