Plan Ledger DOL Form 5500 · updated monthly

Jackson Tube Service, Inc.401(k)

JACKSON TUBE SERVICE, INC. 401(K) PLAN · PIQUA, OH · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Jackson Tube Service, Inc. reported $54,477 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,905 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 3 years on file its reported administrative ratio has held roughly steady near 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,602nd-largest of 3,295 plans among Ohio employers on file, and 7,119th of 13,661 in manufacturing. In 2023, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,927,224
Participants with balances142
Active participants137
Employer contributions$260,972
Employee contributions$640,479
Employer contribution per active participant$1,905
Average account balance$105,121
Benefits paid to participants$1,987,680
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 146 accts · $230K emplr
2023$14.9M · 142 accts · $261K emplr
2022$14.5M · 155 accts · $264K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$54,477
Total administrative$54,477
The Jackson Tube Service, Inc. 401(k) match · 2023
Employer contribution per active participant$1,905
Median for plans this size$2,440
2024$1,677 per active participant
2023$1,905 per active participant
2022$1,736 per active participant

Jackson Tube Service, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$54,511
AMERIPRISE FINANCIAL SERVICES INC · Other servicesindirect comp
TRINITY PENSION CONSULTANTS · Other servicesindirect 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$51,489 · 0.36%
2023$54,477 · 0.37%
2022$56,828 · 0.37%
Same employer
Similar plansManufacturing · Ohio
Select Arc, Inc. OH$15.1M · 0.62%
Gvs Filtration, Inc. OH$15.1M · 0.20%
Fallsway Equipment Co. Inc. OH$14.9M · 0.23%
Kent Displays Inc OH$14.9M · 0.10%
Sentrilock, LLC OH$14.8M · 0.49%
Kalida Manufacturing Inc. OH$14.8M · 0.15%
A & P Technology, Inc. OH$14.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310811394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.