Plan Ledger DOL Form 5500 · updated monthly

Jet Research Development, Inc.DC plan

EMPLOYEE BENEFIT PLAN OF JET RESEARCH DEVELOPMENT, INC. · DEERFIELD BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Jet Research Development, Inc. reported $412 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,192 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 0.002% to 0.002%. 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 1,206th-largest of 3,644 plans among Florida employers on file, and the 6,370th of 13,661 in manufacturing. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,891,618
Participants with balances126
Active participants142
Employer contributions$311,244
Employee contributions$656,138
Employer contribution per active participant$2,192
Average account balance$141,997
Benefits paid to participants$857,231
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & ALVAREZ, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 126 accts · $311K emplr
2023$15.6M · 125 accts · $294K emplr
2022$11.8M · 116 accts · $144K emplr
Employer contributions to the Jet Research Development, Inc. plan · 2024
Employer contribution per active participant$2,192
Median for plans this size$2,416
2024$2,192 per active participant
2023$1,936 per active participant
2022$1,059 per active participant

Jet Research Development, 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$412

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$412 · 0.00%
2023$940 · 0.01%
2022$186 · 0.00%
Similar plansManufacturing · Florida
Rls USA Inc. FL$18.8M · 0.37%
Dosal Tobacco Corporation FL$18.4M · 0.48%
List Industries, Inc. FL$18.1M · 0.55%
Emi Industries LLC FL$17.9M · 0.33%
Avidyne Corporation FL$17.2M · 0.04%
Mwi Corporation FL$17.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591427152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.