Plan Ledger DOL Form 5500 · updated monthly

Jackson Marketing Group, Inc.401(k)

JACKSON MARKETING GROUP, INC. 401K PROFIT SHARING · SIMPSONVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Jackson Marketing Group, Inc. reported $21,328 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,743 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 0.11% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in South Carolina (437th of 807), and 8,219th of 11,654 in professional & technical services. In 2024, employees put in $3.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,295,688
Participants with balances104
Active participants81
Employer contributions$141,208
Employee contributions$450,720
Employer contribution per active participant$1,743
Average account balance$89,382
Benefits paid to participants$279,654
Plan auditUnmodified (clean) audit opinion
AuditorJONES, POUNDER & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 104 accts · $141K emplr
2023$7.8M · 113 accts · $135K emplr
2022$7.2M · 103 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,300
Investment management$7,778
Total administrative$21,328
The Jackson Marketing Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,743
Median for plans this size$1,313
2024$1,743 per active participant
2023$1,751 per active participant
2022$1,277 per active participant

Jackson Marketing Group, Inc.'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 · 20243
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$13,550
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$7,778
CARY STREET PARTNERS INVESTMENT ADVindirect comp

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$21,328 · 0.25%
2023$18,344 · 0.24%
2022$8,636 · 0.11%
Similar plansProfessional & Technical Services · South Carolina
Synterra Corporation SC$11.4M · 0.27%
Human Technologies, Inc. SC$11.1M · 0.29%
Poly-Med, Inc. SC$10.2M · 0.01%
Voco America Inc SC$9.0M · 0.51%
Systemtec, Inc. SC$8.7M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570858638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.