Plan Ledger DOL Form 5500 · updated monthly

Jcm Business Solutions, LLC401(k)

JCM BUSINESS SOLUTIONS, LLC 401(K) PLAN · SEAFORD, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Jcm Business Solutions, LLC reported $5,223 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,235 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 fell from 0.14% to 0.11%. 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 (4,392nd of 5,648), and 1,382nd of 2,534 in administrative & support services. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,481,477
Participants with balances146
Active participants367
Employer contributions$453,066
Employee contributions$739,035
Employer contribution per active participant$1,235
Average account balance$37,544
Benefits paid to participants$442,726
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 146 accts · $453K emplr
2023$4.0M · 128 accts · $384K emplr
2022$2.8M · 120 accts · $330K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,223
Total administrative$5,223
The Jcm Business Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$1,235
Median for plans this size$1,313
2024$1,235 per active participant
2023$1,839 per active participant
2022$949 per active participant

Jcm Business Solutions, LLC's 2024 employer contribution ran below 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$5,223
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP
2023ADP

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

Administrative cost history3
2024$5,223 · 0.11%
2023$3,497 · 0.10%
2022$3,830 · 0.14%
Similar plansAdministrative & Support Services · New York
Triangle Services, Inc NY$6.1M · 0.96%
Sword Health, Inc. NY$5.8M · 0.74%
Consilium Company, LLC NY$5.7M · 0.07%
Li-Cycle Inc NY$5.5M · 0.65%
W Services Group, LLC NY$5.4M · 0.98%
Kopp Billing Agency, Inc. NY$5.1M · 0.29%
Venture Forthe, Inc. NY$5.1M · 0.88%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 611600949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.