Plan Ledger DOL Form 5500 · updated monthly

Jbc Technologies Inc.401(k)

JBC TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · NORTH RIDGEVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Jbc Technologies Inc. reported $57,668 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,351 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 fell from 1.46% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,383rd of 3,295), and 10,523rd of 13,661 in manufacturing. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,298,316
Participants with balances159
Active participants172
Employer contributions$232,322
Employee contributions$498,314
Employer contribution per active participant$1,351
Average account balance$39,612
Benefits paid to participants$368,769
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.3M · 159 accts · $232K emplr
2023$5.3M · 144 accts · $203K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,668
Total administrative$57,668
The Jbc Technologies Inc. 401(k) match · 2024
Employer contribution per active participant$1,351
Median for plans this size$1,313
2024$1,351 per active participant
2023$1,373 per active participant

Jbc Technologies Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
NATIONWIDE · Recordkeeping$917
MGO ONE SEVEN LLC · Investment advisory (participants) · Investment advisory (plan)$37,973
MGO ONE SEVEN · Investment advisory (participants)$18,634
NATIONWIDE · Investment advisory (participants)indirect comp
MGO ONE SEVEN LLC · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024Nationwide
2023MGO ONE SEVEN LLC

This plan has changed recordkeepers within these filings. If you left Jbc Technologies Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$57,668 · 1.00%
2023$68,042 · 1.46%
Same employer
Similar plansManufacturing · Ohio
Multilink, Inc. OH$6.4M · 0.87%
Htv Industries, Inc. OH$6.3M · 0.06%
D.W. Lift Sales, Inc. OH$6.3M · 0.33%
Technicote, Inc. OH$6.3M · 0.11%
Facil North America Inc OH$6.3M · 0.91%
Cap & Associates, Inc. OH$6.2M · 0.45%
Gb Manufacturing Co. OH$6.2M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341889191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.