Plan Ledger DOL Form 5500 · updated monthly

Jain America Holdings, Inc.401(k)

JAIN AMERICA HOLDINGS, INC. 401(K) PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Jain America Holdings, Inc. reported $104,917 in plan administrative expenses for 2022: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,998 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 0.373%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 238th-largest of 848 plans among Utah employers on file, and the 4,904th of 13,661 in manufacturing. In 2022, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,660,588
Participants with balances735
Active participants518
Employer contributions$1,553,158
Employee contributions$2,108,862
Employer contribution per active participant$2,998
Average account balance$36,273
Benefits paid to participants$2,068,034
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 323 accts · $732K emplr
2023$23.7M · 491 accts · $1.4M emplr
2022$26.7M · 735 accts · $1.6M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$66,743
Investment management$38,174
Total administrative$104,917
The Jain America Holdings, Inc. 401(k) match · 2022
Employer contribution per active participant$2,998
Median for plans this size$2,266
2024$4,332 per active participant
2023$4,739 per active participant
2022$2,998 per active participant

Jain America Holdings, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$81,315 · 0.37%
2023$135,589 · 0.54%
2022$104,917 · 0.37%
Similar plansManufacturing · Utah
Inw Manufacturing, LLC UT$33.7M · 0.35%
Rhodes International, Inc. UT$33.1M · 0.28%
Clarus Corporation UT$28.1M · 0.10%
Moxtek, Inc. UT$27.0M · 0.20%
Fetzers' Inc. UT$26.1M · 0.39%
Doppelmayr USA, Inc. UT$26.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811519531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.