Plan Ledger DOL Form 5500 · updated monthly

Jazwares, LLC401(k)

JAZWARES, LLC SAFE HARBOR 401(K) PLAN · SUNRISE, FL · plan year 2023

Reported admin expense ratio · 2023
0.65%

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

Jazwares, LLC reported $114,123 in plan administrative expenses for 2023: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,352 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 1 year on file its reported administrative ratio rose from 0.60% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,043rd-largest of 3,644 plans among Florida employers on file, and the 1,748th of 4,246 in wholesale trade. In 2023, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 731 to 844 since 2022.

Plan summary
Net assets, end of year$22,098,456
Participants with balances736
Active participants844
Employer contributions$1,984,707
Employee contributions$3,899,522
Employer contribution per active participant$2,352
Average account balance$30,025
Benefits paid to participants$953,678
Plan auditUnmodified (clean) audit opinion
AuditorLERROSARBEY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $652K emplr
2023$22.1M · 736 accts · $2.0M emplr
2022$12.9M · 545 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$54,912
Investment management$59,211
Total administrative$114,123
The Jazwares, LLC 401(k) match · 2023
Employer contribution per active participant$2,352
Median for plans this size$2,440
2023$2,352 per active participant
2022$1,992 per active participant

Jazwares, LLC's 2023 employer contribution ran below the $2,440 median for plans its size. 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,560
REGIONS BANK · Investment advisory (participants)$59,211

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$114,123 · 0.65%
2022$70,069 · 0.60%
Same employer
Similar plansWholesale Trade · Florida
Tabacalera USA Inc. FL$24.9M · 0.37%
Chadwell Supply, Inc. FL$24.1M · 1.01%
Q.E.P. Co., Inc. FL$21.9M · 0.32%
Aqua Lung FL$21.5M · 0.23%
Helm America Corporation FL$21.5M · 0.12%
Micro Matic USA, Inc. FL$21.0M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 510388825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.