Plan Ledger DOL Form 5500 · updated monthly

Jennings, Strouss & Salmon, P.L.C.401(k)

JENNINGS, STROUSS & SALMON, P.L.C. SECTION 401(K) PROFIT SHARING PLAN AND TRUST · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Jennings, Strouss & Salmon, P.L.C. reported $110,923 in plan administrative expenses for 2022: 0.28% of average plan assets, above the peer median. Employer contributions averaged $4,885 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 1 year on file its reported administrative ratio rose from 0.28% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 251st-largest of 1,285 plans among Arizona employers on file, and the 3,684th of 11,654 in professional & technical services. In 2022, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,996,464
Participants with balances216
Active participants151
Employer contributions$737,622
Employee contributions$1,330,997
Employer contribution per active participant$4,885
Average account balance$162,021
Benefits paid to participants$3,211,050
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.8M · 94 accts
2022$35.0M · 216 accts · $738K emplr
Administrative expenses, itemized · 2022
Investment management$56,354
Total administrative$110,923
The Jennings, Strouss & Salmon, P.L.C. 401(k) match · 2022
Employer contribution per active participant$4,885
Median for plans this size$2,266

Jennings, Strouss & Salmon, P.L.C.'s 2022 employer contribution ran above the $2,266 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
2023$93,900 · 0.46%
2022$110,923 · 0.28%
Similar plansProfessional & Technical Services · Arizona
The Alexander Group, Inc. AZ$39.0M · 0.07%
Gha Technologies, Inc. AZ$38.7M · 0.13%
Asi Operations LLC AZ$37.7M · 0.11%
Planetary Science Institute AZ$34.5M · 0.00%
Tiffany & Bosco, P.A. AZ$32.7M · 0.22%
Aam. LLC AZ$32.4M · 0.28%
Stach & Liu, LLC AZ$29.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860108229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.