Plan Ledger DOL Form 5500 · updated monthly

Jackson Food Service, Inc.401(k)

JACKSON FOOD SERVICE, INC. EMPLOYEES PROFIT SHARING TRUST · MADISON HEIGHTS, MI · plan year 2022

Reported admin expense ratio · 2022
1.96%

Jackson Food Service, Inc. reported $7,952 in plan administrative expenses for 2022: 1.96% of average plan assets, higher than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (2,567th of 2,619), and 1,972nd of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$361,674
Participants with balances85
Active participants87
Employer contributions—
Employee contributions$18,179
Employer contribution per active participant—
Average account balance$4,255
Benefits paid to participants$18,455
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,952
Total administrative$7,952
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$7,952 · 1.96%
Similar plansAccommodation & Food Services · Michigan
Hih, Inc. MI$479K · 0.30%
Andiamo West, Inc. MI$393K · 4.11%
Elephant & Company MI$381K · 0.36%
Aces, LLC MI$367K · 2.44%
Project Barfly, LLC MI$221K · 1.76%
Cda Pizza, Inc. MI$84K · 2.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382514425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.