Plan Ledger DOL Form 5500 · updated monthly

JarcDC plan

403(B) THRIFT PLAN OF JARC · BLOOMFIELD HILLS, MI · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Jarc reported $1,045 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (2,224th of 2,619), and 2,614th of 3,341 in other services.

Plan summary
Net assets, end of year$3,242,565
Participants with balances138
Active participants70
Employer contributions$0
Employee contributions$97,598
Employer contribution per active participant$0
Average account balance$23,497
Benefits paid to participants$310,176
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 104 accts
2023$2.3M · 134 accts · $55 emplr
2022$3.2M · 138 accts
Employer contributions to the Jarc plan · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Jarc's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$928 · 0.04%
2023$571 · 0.02%
2022$1,045 · 0.03%
Same employer
Similar plansOther Services · Michigan
Super C Group, LLC MI$3.4M · 0.27%
Alma Tire Service, Inc. MI$3.4M · 0.96%
Bell Fork Lift, Inc. MI$3.3M · 0.15%
Ann Arbor Spark MI$2.8M · 0.59%
Almond Products, Inc. MI$2.7M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237044561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.