Plan Ledger DOL Form 5500 · updated monthly

J.T.M. Provisions Company, Inc.401(k)

J.T.M. PROVISIONS COMPANY, INC. PROFIT SHARING PLAN · HARRISON, OH · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

J.T.M. Provisions Company, Inc. reported $83,462 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,768 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 0.12% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 646th-largest of 3,295 plans among Ohio employers on file, and the 3,084th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 565 to 627 since 2022.

Plan summary
Net assets, end of year$51,542,534
Participants with balances715
Active participants627
Employer contributions$1,735,355
Employee contributions$3,550,776
Employer contribution per active participant$2,768
Average account balance$72,087
Benefits paid to participants$2,366,380
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$51.5M · 715 accts · $1.7M emplr
2023$43.1M · 705 accts · $1.2M emplr
2022$34.4M · 638 accts · $654K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,462
Total administrative$83,462
The J.T.M. Provisions Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,768
Median for plans this size$2,416
2024$2,768 per active participant
2023$1,930 per active participant
2022$1,158 per active participant

J.T.M. Provisions Company, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
LATITUDE SERVICE COMPANY INC · Contract administrator$20,659
EMPOWER ADVISORY GROUP, LLC · Investment management$15,935

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

Administrative cost history3
2024$83,462 · 0.18%
2023$59,343 · 0.15%
2022$45,106 · 0.12%
Same employer
Similar plansManufacturing · Ohio
Grammer Inc. OH$52.6M · 0.59%
Candle-Lite Company, LLC OH$52.1M · 0.24%
Michelman, Inc. OH$50.2M · 0.07%
Gooch & Housego (Ohio) LLC. OH$50.0M · 0.36%
The Dupps Company OH$49.3M · 0.12%
Stratus Unlimited, LLC OH$49.1M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310855794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.