Plan Ledger DOL Form 5500 · updated monthly

J.W. Jung Seed Company401(k)

J.W. JUNG SEED COMPANY 401(K) PROFIT SHARING PLAN · RANDOLPH, WI · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

J.W. Jung Seed Company reported $32,133 in plan administrative expenses for 2023: 0.52% of average plan assets, above the peer median. Employer contributions averaged $320 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 0.59% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Wisconsin (1,486th of 1,936), and 3,276th of 5,215 in retail trade. In 2023, employees put in $5.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,866,253
Participants with balances135
Active participants96
Employer contributions$30,678
Employee contributions$163,914
Employer contribution per active participant$320
Average account balance$50,861
Benefits paid to participants$348,852
Plan auditUnmodified (clean) audit opinion
AuditorSVA CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 139 accts · $33K emplr
2023$6.9M · 135 accts · $31K emplr
2022$5.6M · 134 accts · $35K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,151
Investment management$16,982
Total administrative$32,133
The J.W. Jung Seed Company 401(k) match · 2023
Employer contribution per active participant$320
Median for plans this size$1,308
2024$291 per active participant
2023$320 per active participant
2022$376 per active participant

J.W. Jung Seed Company's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,013
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$15,724
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (participants)$1,258

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$35,765 · 0.53%
2023$32,133 · 0.52%
2022$35,863 · 0.59%
Similar plansRetail Trade · Wisconsin
Milaeger's Inc. WI$7.6M · 0.01%
Sendiks Fine Foods, Inc. WI$7.2M · 0.62%
Tw Vending Inc. WI$6.9M · 0.40%
Johnson Motor Sales, Inc. WI$6.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390383080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.