Plan Ledger DOL Form 5500 · updated monthly

Janicki Industries, Inc.401(k)

JANICKI INDUSTRIES RETIREMENT PLAN · SEDRO WOOLLEY, WA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Janicki Industries, Inc. reported $166,917 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,432 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 0.26% 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 217th-largest of 1,714 plans among Washington employers on file, and the 2,208th of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 895 to 1,507 since 2022.

Plan summary
Net assets, end of year$82,163,074
Participants with balances1,774
Active participants1,507
Employer contributions$5,171,399
Employee contributions$9,273,015
Employer contribution per active participant$3,432
Average account balance$46,315
Benefits paid to participants$4,413,443
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$82.2M · 1,774 accts · $5.2M emplr
2023$61.5M · 1,393 accts · $2.2M emplr
2022$47.9M · 1,083 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,017
Audit (IQPA)$16,900
Total administrative$166,917
The Janicki Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$3,432
Median for plans this size$3,635
2024$3,432 per active participant
2023$2,006 per active participant
2022$1,762 per active participant

Janicki Industries, Inc.'s 2024 employer contribution ran below 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$150,016
LARSON GROSS · Accounting / audit$16,900
JANICKI INDUSTRIES · Trusteeindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$166,917 · 0.23%
2023$151,130 · 0.28%
2022$134,271 · 0.26%
Same employer
Similar plansManufacturing · Washington
Northwest Hardwoods, Inc. WA$92.2M · 0.22%
Tree Top, Inc. WA$82.5M · 0.11%
Agc Biologics, Inc. WA$81.5M · 0.01%
Michelsen Packaging Company WA$72.4M · 0.18%
Impinj, Inc. WA$71.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911653257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.