Plan Ledger DOL Form 5500 · updated monthly

Jasper Wyman & Son401(k)

JASPER WYMAN & SON PROFIT SHARING AND SAVINGS PLAN · MILBRIDGE, ME · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Jasper Wyman & Son reported $9,933 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,152 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 0.06% to 0.07%. 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 149th-largest of 354 plans among Maine employers on file, and the 6,143rd of 13,661 in manufacturing. In 2023, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$18,856,046
Participants with balances246
Active participants209
Employer contributions$1,076,667
Employee contributions$1,007,450
Employer contribution per active participant$5,152
Average account balance$76,651
Benefits paid to participants$1,040,278
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 262 accts · $956K emplr
2023$18.9M · 246 accts · $1.1M emplr
2022$15.3M · 259 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,875
Investment management$5,058
Total administrative$9,933
The Jasper Wyman & Son 401(k) match · 2023
Employer contribution per active participant$5,152
Median for plans this size$2,440
2024$3,983 per active participant
2023$5,152 per active participant
2022$4,583 per active participant

Jasper Wyman & Son's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,058
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,875

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$13,013 · 0.07%
2023$9,933 · 0.06%
2022$8,965 · 0.06%
Same employer
Similar plansManufacturing · Maine
The Baker Company ME$19.6M · 0.32%
Gissing North America LLC ME$18.9M · 0.19%
Mowi USA, LLC ME$18.8M · 0.29%
Tex-Tech Industries, Inc. ME$17.7M · 0.49%
Allagash Brewing Company ME$16.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010343273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.