Plan Ledger DOL Form 5500 · updated monthly

Jett Cutting Service, Inc.401(k)

JETT CUTTING SERVICE, INC. EMPLOYEES' PROFIT SHARING PLAN · BRIDGEVIEW, IL · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Jett Cutting Service, Inc. reported $39,288 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $776 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,644th of 3,702), and 9,820th of 13,661 in manufacturing. In 2022, employees put in $4.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,672,365
Participants with balances73
Active participants91
Employer contributions$70,639
Employee contributions$319,796
Employer contribution per active participant$776
Average account balance$105,101
Benefits paid to participants$1,582,840
Plan auditUnmodified (clean) audit opinion
AuditorWEISS & COMPANY LLP
Administrative expenses, itemized · 2022
Investment management$4,082
Total administrative$39,288
The Jett Cutting Service, Inc. 401(k) match · 2022
Employer contribution per active participant$776
Median for plans this size$1,114

Jett Cutting Service, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$39,288 · 0.44%
Similar plansManufacturing · Illinois
Abrasive-Form, LLC IL$7.8M · 0.32%
Medwest Associates, Inc IL$7.7M · 0.84%
Tone Products, Inc. IL$7.6M · 0.41%
P.S. Greetings, Inc. IL$7.6M · 0.26%
Steel Grip, Inc. IL$7.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363289609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.