Plan Ledger DOL Form 5500 · updated monthly

Jaydev Brew Inc D/B/A More Brewing Co401(k)

MORE BREWING CO 401(K) PLAN · HUNTLEY, IL · plan year 2024

Reported admin expense ratio · 2024
11.14%

Jaydev Brew Inc D/B/A More Brewing Co reported $15,575 in plan administrative expenses for 2024: 11.14% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio rose from 2.86% to 11.14%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,622nd of 3,702), and 13,575th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$197,876
Participants with balances140
Active participants140
Employer contributions—
Employee contributions$147,351
Employer contribution per active participant—
Average account balance$1,413
Benefits paid to participants$35,185
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$198K · 140 accts
2023$82K · 149 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,575
Total administrative$15,575
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 · 20241
VESTWELL · Contract administrator · Investment advisory (plan)$15,604

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

Administrative cost history2
2024$15,575 · 11.14%
2023$2,332 · 2.86%
Similar plansManufacturing · Illinois
Rjl Inc IL$456K · 1.99%
Kdm Enterprises, LLC IL$390K · 1.16%
Urban Farmer, LLC IL$326K · 0.32%
Baily International, LLC IL$196K · 0.40%
Dadant & Sons Inc IL$187K · 1.34%
Pork King Packing, Inc. IL$160K · 3.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810826198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.