Plan Ledger DOL Form 5500 · updated monthly

Jenoptik North America, Inc.401(k)

JENOPTIK NORTH AMERICA 401(K) PLAN · JUPITER, FL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Jenoptik North America, Inc. reported $73,428 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,513 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 0.17% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 617th-largest of 3,644 plans among Florida employers on file, and the 3,562nd of 13,661 in manufacturing. In 2024, employees put in $3.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,025,016
Participants with balances418
Active participants324
Employer contributions$814,350
Employee contributions$3,038,945
Employer contribution per active participant$2,513
Average account balance$100,538
Benefits paid to participants$1,873,775
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.0M · 418 accts · $814K emplr
2023$34.3M · 441 accts · $792K emplr
2022$28.6M · 401 accts · $674K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,909
Investment management$37,175
Audit (IQPA)$24,344
Total administrative$73,428
The Jenoptik North America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,513
Median for plans this size$2,416
2024$2,513 per active participant
2023$2,264 per active participant
2022$2,061 per active participant

Jenoptik North America, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
USI ADVISORS, INC · Recordkeeping · Trustee$37,175
BDO USA, P.C. · Recordkeeping · Pension consulting$24,344
ADP, INC. · Loan processing · Recordkeeping$11,909
ADP BROKER-DEALER · Other servicesindirect 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, BDO USA, P.C., USI ADVISORS, INC
2023ADP, BDO USA , P.C., USI ADVISORS, INC

This plan has changed recordkeepers within these filings. If you left Jenoptik North America, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,428 · 0.19%
2023$68,923 · 0.22%
2022$52,813 · 0.17%
Same employer
Similar plansManufacturing · Florida
Palletone, Inc. FL$44.1M · 0.54%
Sparton Corporation FL$43.6M · 0.31%
Syn-Tech Systems, Inc. FL$42.8M · 0.02%
Pharmalogic Holdings Corp. FL$42.3M · 0.19%
Luminar Technologies Inc. FL$40.6M · 0.81%
Brown Jordan Inc. FL$39.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271657990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.