Plan Ledger DOL Form 5500 · updated monthly

Jerry's Enterprises, Inc.401(k)

JERRY'S ENTERPRISES INC EMPLOYEE'S PROFIT SHARING 401(K) PLAN · EDINA, MN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Jerry's Enterprises, Inc. reported $58,882 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,668 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 fell from 0.17% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 499th-largest of 1,918 plans among Minnesota employers on file, and the 655th of 5,215 in retail trade. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,523,165
Participants with balances377
Active participants540
Employer contributions$900,709
Employee contributions$1,971,534
Employer contribution per active participant$1,668
Average account balance$131,361
Benefits paid to participants$7,014,258
Plan auditUnmodified (clean) audit opinion
AuditorMILLER WELLE HEISER & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$49.5M · 377 accts · $901K emplr
2023$48.3M · 384 accts · $855K emplr
2022$42.3M · 378 accts · $859K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,573
Investment management$46,309
Total administrative$58,882
The Jerry's Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,668
Median for plans this size$2,416
2024$1,668 per active participant
2023$1,516 per active participant
2022$1,711 per active participant

Jerry's Enterprises, Inc.'s 2024 employer contribution ran below 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$44,031
PRIME CAPITAL INVESTMENT ADVIS · Investment advisory (plan)$46,309

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Jerry's Enterprises, 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$58,882 · 0.12%
2023$64,251 · 0.14%
2022$79,435 · 0.17%
All plans at this employer2
JERRY'S ENTERPRISES INC EMPLOYEE'S PROFIT SHARING 401(K) PLAN401(k)
JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN401(k)
Same employer
Similar plansRetail Trade · Minnesota
Fph Morrie's LLC MN$53.1M · 0.34%
Maurices Incorporated MN$52.0M · 0.11%
Amplifon (USA), Inc. MN$51.6M · 0.50%
Maplewood Motors, LLC MN$49.3M · 0.05%
Twin Cities Automotive, LLC MN$48.1M · 0.25%
Scherer Bros Lumber Co MN$47.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410834686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.