Plan Ledger DOL Form 5500 · updated monthly

Jack's Fresh Market401(k)

JACK'S FRESH MARKET SAVINGS & RETIREMENT PLAN · MENOMINEE, MI · plan year 2022

Reported admin expense ratio · 2022
0.69%

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

Jack's Fresh Market reported $13,650 in plan administrative expenses for 2022: 0.69% of average plan assets, above the peer median. Employer contributions averaged $0 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 retail trade employers. By assets it is among the smaller plans on file in Michigan (2,389th of 2,619), and 4,722nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$1,795,640
Participants with balances58
Active participants176
Employer contributions$0
Employee contributions$85,599
Employer contribution per active participant$0
Average account balance$30,959
Benefits paid to participants$162,531
Plan auditUnmodified (clean) audit opinion
AuditorKERBERROSESC
The Jack's Fresh Market 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Jack's Fresh Market's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,650 · 0.69%
Similar plansRetail Trade · Michigan
Shea Automotive Group MI$2.3M · 0.38%
Greyson Clothiers, LLC MI$1.8M · 0.51%
Carite Inc. MI$1.8M · 0.24%
Krlfm Inc MI$1.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811332871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.