Plan Ledger DOL Form 5500 · updated monthly

J.M.F. Company, Inc.Money purchase plan

J.M.F. COMPANY, INC. PENSION PLAN · ST MARIES, ID · plan year 2023

Reported admin expense ratio · 2023
0.81%

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

J.M.F. Company, Inc. reported $73,900 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,287 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 fell from 0.84% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Idaho (179th of 349), and the 1,182nd of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$9,609,963
Participants with balances242
Active participants116
Employer contributions$265,337
Employee contributions—
Employer contribution per active participant$2,287
Average account balance$39,711
Benefits paid to participants$801,038
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 233 accts · $291K emplr
2023$9.6M · 242 accts · $265K emplr
2022$8.5M · 249 accts · $262K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,104
Investment management$39,373
Audit (IQPA)$17,063
Total administrative$73,900
Employer contributions to the J.M.F. Company, Inc. plan · 2023
Employer contribution per active participant$2,287
Median for plans this size$1,308
2024$2,173 per active participant
2023$2,287 per active participant
2022$2,162 per active participant

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

Service providers · 20233
PRINCIPAL BANK · Recordkeeping · Trustee$39,373
POWERS STROMBERG PENSION CONSULTING · Recordkeeping · Pension consulting$20,588
CLIFTONLARSONALLEN LLP · Accounting / audit$17,063

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

Recordkeeper by year2
2024POWERS STROMBERG PENSION CONSULTING, Principal
2023POWERS STROMBERG PENSION CONSULTING, Principal

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Administrative cost history3
2024$74,023 · 0.79%
2023$73,900 · 0.81%
2022$70,504 · 0.84%
Same employer
Similar plansTransportation & Warehousing · Idaho
Empire Airlines Inc. ID$29.9M · 0.28%
Handy Truck Line, Inc. ID$6.8M · 0.84%
Gary Amoth Trucking, Inc. ID$6.5M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820299482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.