Plan Ledger DOL Form 5500 · updated monthly

J-Star Motion Corporation401(k)

J-STAR MOTION CORPORATION 401(K) PLAN · CEDAR SPRINGS, MI · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

J-Star Motion Corporation reported $12,996 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,589 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 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,265th of 2,619), and 12,352nd of 13,661 in manufacturing. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 120 to 152 since 2022.

Plan summary
Net assets, end of year$2,871,837
Participants with balances242
Active participants152
Employer contributions$241,498
Employee contributions$463,500
Employer contribution per active participant$1,589
Average account balance$11,867
Benefits paid to participants$638,150
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 242 accts · $241K emplr
2023$2.5M · 217 accts · $211K emplr
2022$1.7M · 171 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,996
Total administrative$12,996
The J-Star Motion Corporation 401(k) match · 2024
Employer contribution per active participant$1,589
Median for plans this size$1,313
2024$1,589 per active participant
2023$1,395 per active participant
2022$1,617 per active participant

J-Star Motion Corporation's 2024 employer contribution ran above the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$12,995

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$12,996 · 0.49%
2023$11,453 · 0.55%
2022$2,585 · 0.16%
Same employer
Similar plansManufacturing · Michigan
The F.P. Horak Company MI$2.9M · 0.29%
D&N Bending Corp. MI$2.9M · 0.11%
Honeytree Inc MI$2.8M · 0.34%
Concord Tool & Mfg, Inc. MI$2.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465734185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.