Plan Ledger DOL Form 5500 · updated monthly

Janney Montgomery Scott LLC401(k)

JANNEY MONTGOMERY SCOTT LLC PROFIT SHARING AND SAVINGS PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Janney Montgomery Scott LLC reported $712 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,096 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 0.000% to 0.000%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 102nd-largest of 3,651 plans among Pennsylvania employers on file, and the 224th of 4,798 in finance & insurance. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$766,154,867
Participants with balances2,778
Active participants2,413
Employer contributions$31,600,979
Employee contributions$36,135,832
Employer contribution per active participant$13,096
Average account balance$275,794
Benefits paid to participants$75,204,672
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON LAMBERT
Plan history3
Yearassets · accounts · employer contribution
2024$766.2M · 2,778 accts · $31.6M emplr
2023$664.4M · 2,705 accts · $29.0M emplr
2022$551.1M · 2,644 accts · $21.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$712
Total administrative$712
The Janney Montgomery Scott LLC 401(k) match · 2024
Employer contribution per active participant$13,096
Median for plans this size$4,294
2024$13,096 per active participant
2023$12,439 per active participant
2022$9,339 per active participant

Janney Montgomery Scott LLC's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. 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
QDRO CONSULTANTS CO LLC$300

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$712 · 0.00%
2023$734 · 0.00%
2022$654 · 0.00%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Erie Indemnity Company PA$1.4B · 0.02%
Independence Blue Cross, LLC PA$958.2M · 0.08%
Federated Hermes, Inc. PA$693.5M · 0.04%
Fulton Financial Corporation PA$639.8M · 0.04%
Ascensus, LLC. PA$621.8M · 0.00%
F.N.B. Corporation PA$603.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230731260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.