Plan Ledger DOL Form 5500 · updated monthly

Jagenberg US Holding, Inc.401(k)

JAGENBERG US HOLDING, INC. 401(K) RETIREMENT PLAN · SPARTANBURG, SC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Jagenberg US Holding, Inc. reported $5,801 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,170 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 0.02% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 337th-largest of 807 plans among South Carolina employers on file, and 7,183rd of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 145 to 163 since 2022.

Plan summary
Net assets, end of year$14,676,747
Participants with balances203
Active participants163
Employer contributions$353,724
Employee contributions$606,462
Employer contribution per active participant$2,170
Average account balance$72,299
Benefits paid to participants$1,478,961
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 203 accts · $354K emplr
2023$13.6M · 189 accts · $327K emplr
2022$12.3M · 140 accts · $337K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,801
Total administrative$5,801
The Jagenberg US Holding, Inc. 401(k) match · 2024
Employer contribution per active participant$2,170
Median for plans this size$2,416
2024$2,170 per active participant
2023$2,082 per active participant
2022$2,327 per active participant

Jagenberg US Holding, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20245
MMA SECURITIES, LLC · Investment advisory (plan)$16,701
EMPOWER ADVISORY GROUP, LLC · Investment management$3,679
COMPENSATION SYSTEMS, INC. · Contract administratorindirect comp
MML INVESTOR SERVICES INCindirect 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$5,801 · 0.04%
2023$781 · 0.01%
2022$2,019 · 0.02%
Similar plansManufacturing · South Carolina
Britax Child Safety, Inc. SC$16.0M · 0.24%
Swiss Krono USA, Inc. SC$15.9M · 0.56%
Rather Outdoors Corporation SC$15.1M · 0.60%
Leigh Fibers, Inc. SC$14.6M · 0.12%
Precision Valve Corporation SC$14.6M · 0.57%
Bomag Americas, Inc. SC$14.6M · 0.02%
Bwt LLC SC$14.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273358020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.