Plan Ledger DOL Form 5500 · updated monthly

Jenis Splendid Ice Creams, LLC401(k)

JENI'S SPLENDID ICE CREAMS 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Jenis Splendid Ice Creams, LLC reported $43,975 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $711 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 0.54% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,204th of 3,295), and the 677th of 2,240 in accommodation & food services. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 538 to 713 since 2022.

Plan summary
Net assets, end of year$7,948,604
Participants with balances253
Active participants713
Employer contributions$506,787
Employee contributions$1,106,637
Employer contribution per active participant$711
Average account balance$31,417
Benefits paid to participants$1,143,459
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 253 accts · $507K emplr
2023$6.5M · 261 accts · $469K emplr
2022$4.5M · 217 accts · $409K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,351
Investment management$29,719
Total administrative$43,975
The Jenis Splendid Ice Creams, LLC 401(k) match · 2024
Employer contribution per active participant$711
Median for plans this size$1,313
2024$711 per active participant
2023$705 per active participant
2022$760 per active participant

Jenis Splendid Ice Creams, 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
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$29,719
ADP, INC. · Loan processing · Recordkeeping$9,350

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, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$43,975 · 0.61%
2023$26,259 · 0.47%
2022$24,172 · 0.54%
Same employer
Similar plansAccommodation & Food Services · Ohio
Scott M & a Corporation OH$8.5M · 0.52%
Sbarro, Inc OH$8.4M · 0.06%
Primary Aim, LLC OH$7.4M · 0.87%
Bennett Enterprises, LLC OH$6.5M · 0.31%
Strang Corporation OH$5.9M · 0.17%
Howley Bread Group, LTD. OH$5.6M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050566589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.