Plan Ledger DOL Form 5500 · updated monthly

Jetsuitex, Inc.401(k)

JETSUITEX, INC. 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Jetsuitex, Inc. reported $122,587 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,735 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 0.59% to 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 2,087th-largest of 5,688 plans among Texas employers on file, and the 763rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 846 to 988 since 2022.

Plan summary
Net assets, end of year$19,195,325
Participants with balances1,016
Active participants988
Employer contributions$1,713,755
Employee contributions$4,155,880
Employer contribution per active participant$1,735
Average account balance$18,893
Benefits paid to participants$3,213,230
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 1,016 accts · $1.7M emplr
2023$14.0M · 1,038 accts · $1.3M emplr
2022$9.4M · 759 accts · $800K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,510
Investment management$34,250
Total administrative$122,587
The Jetsuitex, Inc. 401(k) match · 2024
Employer contribution per active participant$1,735
Median for plans this size$2,416
2024$1,735 per active participant
2023$1,372 per active participant
2022$945 per active participant

Jetsuitex, 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 · 20243
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$34,250
UBS FINANCIAL SERVICES INC$6,827

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$122,587 · 0.74%
2023$87,673 · 0.75%
2022$55,326 · 0.59%
Same employer
Similar plansTransportation & Warehousing · Texas
G2 Secure Staff, L.L.C. TX$19.7M · 1.90%
Flashparking Inc. TX$19.3M · 0.73%
Premier Trailers, LLC TX$19.2M · 0.00%
Gulf Stream Marine, Inc. TX$17.8M · 0.19%
Uship, Inc TX$17.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300874642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.