Plan Ledger DOL Form 5500 · updated monthly

Jewel-Craft, Inc.401(k)

JEWEL-CRAFT, INC. PROFIT SHARING PLAN · ERLANGER, KY · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Jewel-Craft, Inc. reported $92,516 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $972 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 0.77% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (473rd of 871), and 8,820th of 13,661 in manufacturing. In 2024, employees put in $2.69 for every $1.00 the employer contributed; active participation has grown from 168 to 199 since 2022.

Plan summary
Net assets, end of year$9,922,924
Participants with balances240
Active participants199
Employer contributions$193,511
Employee contributions$520,122
Employer contribution per active participant$972
Average account balance$41,346
Benefits paid to participants$966,951
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 240 accts · $194K emplr
2023$9.1M · 229 accts · $190K emplr
2022$8.2M · 199 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,244
Investment management$56,922
Total administrative$92,516
The Jewel-Craft, Inc. 401(k) match · 2024
Employer contribution per active participant$972
Median for plans this size$1,313
2024$972 per active participant
2023$1,010 per active participant
2022$1,094 per active participant

Jewel-Craft, Inc.'s 2024 employer contribution ran below the $1,313 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
DOVER PARTNERS, INC.indirect comp

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$92,516 · 0.97%
2023$96,376 · 1.12%
2022$79,339 · 0.77%
Same employer
Similar plansManufacturing · Kentucky
Hoskin & Muir, Inc. KY$10.5M · 0.51%
V.G. Reed & Sons, Inc. KY$10.4M · 0.02%
Aisan Industries Kentucky KY$10.3M · 0.69%
Merrick Hardwoods, Inc. KY$10.1M · 0.23%
Lohmann Corporation, U.S. KY$9.9M · 0.02%
Fischer Industries, LLC KY$9.8M · 0.62%
Fischbach USA, Inc. KY$9.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610732064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.