Plan Ledger DOL Form 5500 · updated monthly

J.M. Haley Corp.401(k)

J. M. HALEY CORP. RETIREMENT PLAN · FARMINGDALE, NY · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

J.M. Haley Corp. reported $26,023 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $2,598 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,211th of 5,648), and 10,511th of 13,661 in manufacturing. In 2022, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,340,750
Participants with balances73
Active participants89
Employer contributions$231,257
Employee contributions$317,548
Employer contribution per active participant$2,598
Average account balance$86,860
Benefits paid to participants$511,312
Plan auditUnmodified (clean) audit opinion
AuditorTMI CPA, P.C.
Administrative expenses, itemized · 2022
Professional / advisory$26,023
Total administrative$26,023
The J.M. Haley Corp. 401(k) match · 2022
Employer contribution per active participant$2,598
Median for plans this size$1,114

J.M. Haley Corp.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$26,023 · 0.38%
Similar plansManufacturing · New York
Aakron Rule Corporation NY$6.4M · 0.80%
Seviroli Foods, LLC NY$6.4M · 0.17%
Haakon Industries, Inc. NY$6.4M · 1.27%
Costanzo's Bakery, LLC NY$6.4M · 0.56%
Deiorio Foods, Inc. NY$6.1M · 0.66%
Orcon Industries Corp. NY$6.0M · 0.03%
Dyna-Empire Inc. NY$5.9M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 112270289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.