Plan Ledger DOL Form 5500 · updated monthly

Jaspers Food Management, Inc.401(k)

MMG CONSOLIDATED 401(K) PLAN · EUGENE, OR · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Jaspers Food Management, Inc. reported $48,507 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $203 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 0.42% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Oregon (623rd of 1,021), and the 672nd of 2,240 in accommodation & food services. In 2024, employees put in $3.23 for every $1.00 the employer contributed; active participation has grown from 525 to 608 since 2022.

Plan summary
Net assets, end of year$8,045,513
Participants with balances178
Active participants608
Employer contributions$123,380
Employee contributions$398,451
Employer contribution per active participant$203
Average account balance$45,200
Benefits paid to participants$618,605
Plan auditUnmodified (clean) audit opinion
AuditorHOWELL STRACZAK LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 178 accts · $123K emplr
2023$7.2M · 169 accts · $103K emplr
2022$6.5M · 154 accts · $88K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,938
Investment management$28,004
Total administrative$48,507
The Jaspers Food Management, Inc. 401(k) match · 2024
Employer contribution per active participant$203
Median for plans this size$1,313
2024$203 per active participant
2023$173 per active participant
2022$168 per active participant

Jaspers Food Management, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$15,937
TPG FINANCIAL ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$28,004
PENSION PLAN SPECIALISTS · Pension consulting$4,065

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023CAPITAL RESEARCH AND MANAGEMENT, The Standard

This plan has changed recordkeepers within these filings. If you left Jaspers Food Management, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,507 · 0.64%
2023$32,198 · 0.47%
2022$30,161 · 0.42%
Similar plansAccommodation & Food Services · Oregon
R.L.K. and Company OR$13.8M · 0.48%
Team Jck, LLC OR$9.2M · 0.76%
H Lodge, LLC OR$6.6M · 0.25%
Abbys LLC OR$6.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931105062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.