Plan Ledger DOL Form 5500 · updated monthly

Jadex Inc.401(k)

JADEX INC. EMPLOYEE SAVINGS PLAN · GREER, SC · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Jadex Inc. reported $179,054 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $4,275 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 0.39% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 70th-largest of 807 plans among South Carolina employers on file, and the 2,131st of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has shrunk from 1,894 to 1,326 since 2022.

Plan summary
Net assets, end of year$85,913,747
Participants with balances1,818
Active participants1,326
Employer contributions$5,669,295
Employee contributions$8,389,316
Employer contribution per active participant$4,275
Average account balance$47,257
Benefits paid to participants$11,536,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$85.9M · 1,818 accts · $5.7M emplr
2023$71.7M · 1,862 accts · $5.5M emplr
2022$55.8M · 1,899 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$162,171
Investment management$16,883
Total administrative$179,054
The Jadex Inc. 401(k) match · 2024
Employer contribution per active participant$4,275
Median for plans this size$3,635
2024$4,275 per active participant
2023$3,208 per active participant
2022$2,819 per active participant

Jadex Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$162,221
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,883

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$179,054 · 0.23%
2023$174,994 · 0.27%
2022$222,517 · 0.39%
Same employer
Similar plansManufacturing · South Carolina
Diversey, Inc. SC$129.2M · 0.04%
3D Systems Corporation SC$125.7M · 0.14%
Nexans USA Inc. SC$112.4M · 0.20%
Metromont LLC SC$82.2M · 0.15%
Fitesa Simpsonville, Inc. SC$65.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834045964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.