Plan Ledger DOL Form 5500 · updated monthly

Jasper Products L.L.C.401(k)

JASPER PRODUCTS L.L.C. 401(K) PLAN · JOPLIN, MO · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

Jasper Products L.L.C. reported $204,501 in plan administrative expenses for 2023: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,638 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 0.46% to 0.91%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 306th-largest of 1,393 plans among Missouri employers on file, and the 3,004th of 13,661 in manufacturing. In 2023, employees put in $3.02 for every $1.00 the employer contributed; active participation has grown from 816 to 960 since 2022.

Plan summary
Net assets, end of year$53,291,163
Participants with balances910
Active participants960
Employer contributions$1,572,593
Employee contributions$4,748,905
Employer contribution per active participant$1,638
Average account balance$58,562
Benefits paid to participants$4,766,152
Plan auditUnmodified (clean) audit opinion
AuditorTHE WHITLOCK COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$898K · 33 accts · $1.7M emplr
2023$53.3M · 910 accts · $1.6M emplr
2022$43.7M · 825 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$204,501
Total administrative$204,501
The Jasper Products L.L.C. 401(k) match · 2023
Employer contribution per active participant$1,638
Median for plans this size$2,440
2024$1,729 per active participant
2023$1,638 per active participant
2022$1,865 per active participant

Jasper Products L.L.C.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$204,501
SRA INSURANCE AGENCY LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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$247,818 · 0.91%
2023$204,501 · 0.42%
2022$215,446 · 0.46%
Same employer
Similar plansManufacturing · Missouri
Bellring Brands, Inc. MO$60.4M · 0.06%
Metal Exchange, LLC MO$59.7M · 0.18%
The Gund Company, Inc. MO$55.5M · 0.27%
Duke Manufacturing Company MO$54.0M · 0.15%
Metal Exchange Corporation MO$52.8M · 0.27%
Paulo Products Company MO$51.7M · 0.14%
Haldex Brake Products MO$50.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431838738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.