Plan Ledger DOL Form 5500 · updated monthly

J. H. Fletcher & Co.401(k)

J. H. FLETCHER & CO. EMPLOYEES' PROFIT SHARING PLAN · HUNTINGTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

J. H. Fletcher & Co. reported $151,130 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $12,304 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 0.16% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 33rd-largest of 265 plans among West Virginia employers on file, and the 2,705th of 13,661 in manufacturing. In 2024, the employer put in $5.06 for every $1.00 employees contributed themselves; active participation has grown from 253 to 323 since 2022.

Plan summary
Net assets, end of year$62,287,103
Participants with balances334
Active participants323
Employer contributions$3,974,206
Employee contributions$784,763
Employer contribution per active participant$12,304
Average account balance$186,488
Benefits paid to participants$1,425,508
Plan auditUnmodified (clean) audit opinion
AuditorHESS STEWART & CAMPBELL PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$62.3M · 334 accts · $4.0M emplr
2023$54.9M · 236 accts · $3.4M emplr
2022$48.8M · 235 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,746
Investment management$56,721
Total administrative$151,130
The J. H. Fletcher & Co. 401(k) match · 2024
Employer contribution per active participant$12,304
Median for plans this size$3,635
2024$12,304 per active participant
2023$11,529 per active participant
2022$9,689 per active participant

J. H. Fletcher & Co.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20244
ACTUARIAL BENEFITS & DESIGN CO., IN · Recordkeeping · Pension consulting$15,828
JOHN HANCOCK USA · Recordkeeping$5,954
WELLTH ADVISORY SERVICES, LLC$24,473
HESS STEWART & CAMPBELL · Accounting / auditindirect 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
2024ACTUARIAL BENEFITS & DESIGN CO., IN, John Hancock
2023ACTUARIAL BENEFITS & DESIGN CO., IN, John Hancock

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Administrative cost history3
2024$151,130 · 0.26%
2023$108,578 · 0.21%
2022$88,437 · 0.16%
Same employer
Similar plansManufacturing · West Virginia
Busch Consolidated, Inc. VA$62.5M · 0.14%
Monosol, LLC IN$62.4M · 0.00%
Millwork Holdings Co., Inc. NY$62.3M · 0.06%
Minco Products, Inc. MN$62.3M · 0.17%
W&W-Afco Steel LLC OK$62.2M · 0.17%
Hoffer Plastics Corporation IL$62.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550455959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.