Plan Ledger DOL Form 5500 · updated monthly

Jays Outdoors LLC401(k)

JAYS OUTDOORS LLC 401(K) PLAN · CLARE, MI · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Jays Outdoors LLC reported $35,500 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $261 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 0.05% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (1,824th of 2,619), and 3,304th of 5,215 in retail trade. In 2024, employees put in $6.02 for every $1.00 the employer contributed; active participation has grown from 143 to 184 since 2022.

Plan summary
Net assets, end of year$6,756,014
Participants with balances176
Active participants184
Employer contributions$48,040
Employee contributions$289,128
Employer contribution per active participant$261
Average account balance$38,386
Benefits paid to participants$418,789
Plan auditUnmodified (clean) audit opinion
AuditorWEINLANDER FITZHUGH
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 176 accts · $48K emplr
2023$5.8M · 182 accts · $44K emplr
2022$5.3M · 167 accts · $42K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,875
Audit (IQPA)$1,625
Total administrative$35,500
The Jays Outdoors LLC 401(k) match · 2024
Employer contribution per active participant$261
Median for plans this size$1,313
2024$261 per active participant
2023$291 per active participant
2022$294 per active participant

Jays Outdoors LLC'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.

Administrative cost history3
2024$35,500 · 0.57%
2023$11,398 · 0.21%
2022$3,285 · 0.05%
Same employer
Similar plansRetail Trade · Michigan
Sundance Chevrolet Inc MI$7.0M · 0.08%
Sellers Automotive, Inc. MI$6.8M · 0.61%
Leppink's, Inc. MI$6.7M · 0.71%
Burt Watson Chevrolet Inc MI$6.5M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475497643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.