Plan Ledger DOL Form 5500 · updated monthly

Jenet Management, LLC401(k)

THE LUPOLI COMPANIES 401(K) · LAWRENCE, MA · plan year 2024

Reported admin expense ratio · 2024
1.45%

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

Jenet Management, LLC reported $36,353 in plan administrative expenses for 2024: 1.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,815 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 3 years on file its reported administrative ratio has held roughly steady near 1.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Massachusetts (2,498th of 2,726), and 1,742nd of 2,096 in real estate & leasing. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 131 to 151 since 2022.

Plan summary
Net assets, end of year$2,909,572
Participants with balances198
Active participants151
Employer contributions$274,064
Employee contributions$433,086
Employer contribution per active participant$1,815
Average account balance$14,695
Benefits paid to participants$339,650
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 198 accts · $274K emplr
2023$2.1M · 163 accts · $213K emplr
2022$1.6M · 135 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,870
Investment management$483
Total administrative$36,353
The Jenet Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,815
Median for plans this size$1,313
2024$1,815 per active participant
2023$1,627 per active participant
2022$1,337 per active participant

Jenet Management, LLC'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.

Administrative cost history3
2024$36,353 · 1.45%
2023$27,274 · 1.45%
2022$23,200 · 1.42%
Similar plansReal Estate & Leasing · Massachusetts
Rentex, Inc. MA$3.8M · 0.07%
Giri Hotel Management LLC MA$3.6M · 1.43%
Makor Management LLC MA$2.9M · 1.33%
Chartwell Management, LLC MA$2.8M · 1.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464438767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.