Plan Ledger DOL Form 5500 · updated monthly

Jefferson Valley Operations, Inc.401(k)

JEFFERSON VALLEY RACQUET & FITNESS CLUB 401(K) DISCRETIONARY MATCH PLAN · JEFFERSON VALLEY, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Jefferson Valley Operations, Inc. reported $41,741 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $344 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 0.42% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (3,363rd of 5,648), and the 616th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $10.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,761,971
Participants with balances138
Active participants151
Employer contributions$51,980
Employee contributions$544,840
Employer contribution per active participant$344
Average account balance$85,232
Benefits paid to participants$1,294,293
Plan auditUnmodified (clean) audit opinion
AuditorMSPC CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 138 accts · $52K emplr
2023$10.9M · 134 accts · $44K emplr
2022$10.2M · 137 accts · $43K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,640
Investment management$39,101
Total administrative$41,741
The Jefferson Valley Operations, Inc. 401(k) match · 2024
Employer contribution per active participant$344
Median for plans this size$2,416
2024$344 per active participant
2023$331 per active participant
2022$308 per active participant

Jefferson Valley Operations, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
ASCENSUS LLC · Loan processing · Recordkeeping$2,640
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$39,101

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$41,741 · 0.37%
2023$37,939 · 0.36%
2022$47,587 · 0.42%
Similar plansArts, Entertainment & Recreation · New York
Neue Galerie New York NY$12.9M · 0.47%
Intrepid Museum Foundation NY$12.5M · 0.03%
Better Collective USA, Inc. NY$12.1M · 0.49%
Tr Apparel, LLC NY$11.1M · 0.28%
Asphalt Green, Inc. NY$11.0M · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824603963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.