Plan Ledger DOL Form 5500 · updated monthly

Jay Industries, Inc.401(k)

JAY INDUSTRIES, INC. PROFIT SHARING & 401(K) PLAN · MANSFIELD, OH · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Jay Industries, Inc. reported $45,974 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $334 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 3 years on file its reported administrative ratio has held roughly steady near 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,435th-largest of 3,295 plans among Ohio employers on file, and the 6,364th of 13,661 in manufacturing. In 2022, employees put in $4.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,909,137
Participants with balances703
Active participants681
Employer contributions$227,511
Employee contributions$1,129,904
Employer contribution per active participant$334
Average account balance$25,475
Benefits paid to participants$2,721,565
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 375 accts · $231K emplr
2023$11.0M · 372 accts · $206K emplr
2022$17.9M · 703 accts · $228K emplr
The Jay Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$334
Median for plans this size$2,266
2024$357 per active participant
2023$299 per active participant
2022$334 per active participant

Jay Industries, Inc.'s 2022 employer contribution ran below the $2,266 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.

Administrative cost history3
2024$26,228 · 0.21%
2023$46,502 · 0.32%
2022$45,974 · 0.22%
Similar plansManufacturing · Ohio
Cornerstone Wauseon, Inc. OH$18.3M · 0.02%
Malco Products, Inc. OH$17.9M · 0.26%
Luvata Ohio, Inc. OH$17.8M · 0.15%
Reco Equipment Inc OH$17.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340671371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.