Plan Ledger DOL Form 5500 · updated monthly

Jetstream Ground Services, Inc.401(k)

JETSTREAM GROUND SERVICES, INC. 401(K) PLAN · JUPITER, FL · plan year 2023

Reported admin expense ratio · 2023
0.87%

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

Jetstream Ground Services, Inc. reported $31,397 in plan administrative expenses for 2023: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $305 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 0.89% to 5.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (2,668th of 3,644), and 1,775th of 2,677 in transportation & warehousing. In 2023, employees put in $5.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,070,357
Participants with balances2,246
Active participants512
Employer contributions$156,223
Employee contributions$876,546
Employer contribution per active participant$305
Average account balance$1,812
Benefits paid to participants$588,349
Plan auditUnmodified (clean) audit opinion
AuditorHOLYFIELD & THOMAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 981 accts · $76K emplr
2023$4.1M · 2,246 accts · $156K emplr
2022$3.1M · 1,977 accts · $134K emplr
The Jetstream Ground Services, Inc. 401(k) match · 2023
Employer contribution per active participant$305
Median for plans this size$1,308
2024$396 per active participant
2023$305 per active participant
2022$285 per active participant

Jetstream Ground Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ORIENTAL PENSION CONSULTANTS · Contract administrator$17,802
EDWARD D. JONES & CO LP · Investment advisory (plan)$16,922
EMPOWER ADVISORY GROUP,LLC · Investment management$65

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

Administrative cost history3
2024$183,984 · 5.21%
2023$31,397 · 0.87%
2022$29,602 · 0.89%
Same employer
Similar plansTransportation & Warehousing · Florida
Dann Ocean Towing Inc. FL$4.6M · 0.98%
King Ocean Agency Inc FL$4.2M · 0.96%
Cruise Yacht Opco LTD. FL$4.1M · 0.12%
Sun Terminals Inc FL$3.7M · 1.02%
Southeast Unloading, LLC FL$3.7M · 2.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650646137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.