Plan Ledger DOL Form 5500 · updated monthly

Jh Bennett, Inc.401(k)

JH BENNETT, INC. 401(K) PROFIT SHARING PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Jh Bennett, Inc. reported $57,655 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $806 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 0.79% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,630th of 3,651), and 3,237th of 5,215 in retail trade. In 2024, employees put in $2.68 for every $1.00 the employer contributed; active participation has grown from 146 to 192 since 2022.

Plan summary
Net assets, end of year$7,122,069
Participants with balances124
Active participants192
Employer contributions$154,762
Employee contributions$414,858
Employer contribution per active participant$806
Average account balance$57,436
Benefits paid to participants$342,031
Plan auditUnmodified (clean) audit opinion
AuditorBUCKNO LISICKY & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 124 accts · $155K emplr
2023$6.1M · 115 accts · $143K emplr
2022$5.2M · 101 accts · $129K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,956
Investment management$26,699
Total administrative$57,655
The Jh Bennett, Inc. 401(k) match · 2024
Employer contribution per active participant$806
Median for plans this size$1,313
2024$806 per active participant
2023$745 per active participant
2022$886 per active participant

Jh Bennett, 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,406
AMERIPRISE FINANCIAL SERVICES · Investment advisory (participants)$26,699

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$57,655 · 0.87%
2023$48,183 · 0.85%
2022$44,507 · 0.79%
Similar plansRetail Trade · Pennsylvania
Liberty Truck Center Inc PA$7.4M · 0.74%
C. Harper Chevrolet, Inc. PA$6.9M · 0.80%
Primitives by Kathy, Inc. PA$6.9M · 0.10%
The Rosado Group PA$6.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231687562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.