Plan Ledger DOL Form 5500 · updated monthly

Jenkins Living Center Inc.401(k)

JENKINS LIVING CENTER INC. 401(K) RETIREMENT PLAN · WATERTOWN, SD · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Jenkins Living Center Inc. reported $34,395 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $495 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 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Dakota (189th of 233), and 7,986th of 11,911 in health care & social assistance. In 2024, employees put in $3.71 for every $1.00 the employer contributed; active participation has shrunk from 148 to 123 since 2022.

Plan summary
Net assets, end of year$4,861,078
Participants with balances98
Active participants123
Employer contributions$60,943
Employee contributions$225,884
Employer contribution per active participant$495
Average account balance$49,603
Benefits paid to participants$569,922
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 98 accts · $61K emplr
2023$4.6M · 105 accts · $132K emplr
2022$4.5M · 104 accts · $77K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,667
Investment management$31,728
Total administrative$34,395
The Jenkins Living Center Inc. 401(k) match · 2024
Employer contribution per active participant$495
Median for plans this size$1,313
2024$495 per active participant
2023$1,024 per active participant
2022$520 per active participant

Jenkins Living Center Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$18,538
SILVERSTONE ASSET MANAGEMENT, INC. · Recordkeeping · Trustee$15,856
ADP BROKER-DEALERindirect comp

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, SILVERSTONE ASSET MANAGEMENT, INC.
2023ADP, SILVERSTONE ASSET MANAGEMENT, INC.

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Administrative cost history3
2024$34,395 · 0.73%
2023$32,873 · 0.72%
2022$34,491 · 0.70%
Same employer
Similar plansHealth Care & Social Assistance · South Dakota
Profile Plan LLC SD$6.2M · 0.57%
Our Home, Inc. SD$5.5M · 0.50%
Lantis Enterprises, Inc. SD$5.3M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460242831 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.