Plan Ledger DOL Form 5500 · updated monthly

Jbc Style Ny, LLC401(k)

JBC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.13%

Jbc Style Ny, LLC reported $51,160 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% 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 2 years on file its reported administrative ratio rose from 0.79% to 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,547th of 5,648), and 1,485th of 2,534 in administrative & support services. active participation has shrunk from 165 to 138 since 2022.

Plan summary
Net assets, end of year$4,651,507
Participants with balances114
Active participants138
Employer contributions—
Employee contributions$663,518
Employer contribution per active participant—
Average account balance$40,803
Benefits paid to participants$1,021,265
Plan auditUnmodified (clean) audit opinion
AuditorREID CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 114 accts
2023$4.4M · 124 accts
2022$3.2M · 121 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,425
Investment management$26,735
Total administrative$51,160
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 · 20244
MERRILL LYNCH PIERCE FENNER SMITH · Investment advisory (plan)$21,893
THE BENEFIT PRACTICE · Contract administrator$12,412
EMPOWER ADVISORY GROUP, LLC · Investment management$2,533

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

Administrative cost history3
2024$51,160 · 1.13%
2023$32,327 · 0.85%
2022$26,264 · 0.79%
Similar plansAdministrative & Support Services · New York
Hearth Management, LLC NY$4.6M · 0.82%
Bond Veterinary, Inc NY$4.6M · 0.42%
Safetec of America Inc NY$4.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261632925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.