Plan Ledger DOL Form 5500 · updated monthly

Jem Technical Marketing Co., Inc.401(k)

JEM TECHNICAL 401(K) & PROFIT SHARING PLAN · ORONO, MN · plan year 2022

Reported admin expense ratio · 2022
0.60%

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

Jem Technical Marketing Co., Inc. reported $38,184 in plan administrative expenses for 2022: 0.60% of average plan assets, above the peer median. Employer contributions averaged $2,301 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Minnesota (1,518th of 1,918), and 3,515th of 4,246 in wholesale trade. In 2022, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,919,531
Participants with balances125
Active participants91
Employer contributions$209,356
Employee contributions$391,633
Employer contribution per active participant$2,301
Average account balance$47,356
Benefits paid to participants$399,296
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$5.9M · 125 accts · $209K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$38,184
Total administrative$38,184
The Jem Technical Marketing Co., Inc. 401(k) match · 2022
Employer contribution per active participant$2,301
Median for plans this size$1,114

Jem Technical Marketing Co., Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$38,184 · 0.60%
Similar plansWholesale Trade · Minnesota
Geritom Med, Inc. MN$7.0M · 0.95%
Ototronix, LLC MN$6.1M · 0.42%
Edwards Oil, Inc. MN$5.7M · 0.85%
Coremark Metals MN$5.6M · 0.55%
Nws Acquisition, LLC. MN$5.1M · 0.49%
Crow Wing Recycling, Inc. MN$5.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411655763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.