Plan Ledger DOL Form 5500 · updated monthly

Jean Philippe Fragrances, LLC.401(k)

JEAN PHILIPPE FRAGRANCES, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Jean Philippe Fragrances, LLC. reported $9,024 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,019 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 0.04% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,762nd-largest of 5,648 plans among New York employers on file, and 2,163rd of 4,246 in wholesale trade. In 2024, employees put in $3.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,989,656
Participants with balances234
Active participants194
Employer contributions$585,605
Employee contributions$2,087,688
Employer contribution per active participant$3,019
Average account balance$72,605
Benefits paid to participants$2,665,216
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 234 accts · $586K emplr
2023$13.2M · 219 accts · $453K emplr
2022$8.2M · 131 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,300
Investment management$7,724
Total administrative$9,024
The Jean Philippe Fragrances, LLC. 401(k) match · 2024
Employer contribution per active participant$3,019
Median for plans this size$2,416
2024$3,019 per active participant
2023$2,358 per active participant
2022$1,436 per active participant

Jean Philippe Fragrances, LLC.'s 2024 employer contribution ran above the $2,416 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,724
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,300

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$9,024 · 0.06%
2023$6,216 · 0.06%
2022$4,073 · 0.04%
Similar plansWholesale Trade · New York
E. Gluck Corporation NY$17.6M · 0.02%
Wolf-Gordon, Inc. NY$17.3M · 0.64%
Touton Holdings, LTD NY$17.1M · 0.61%
Sfi Aip Holdings, LLC NY$16.7M · 0.28%
Robert James Sales, Inc. NY$16.6M · 0.21%
Casper Sleep Inc. NY$16.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134066506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.