Plan Ledger DOL Form 5500 · updated monthly

Jing-Jin Electric North America,401(k)

JING-JIN ELECTRIC NA 401(K) PLAN · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Jing-Jin Electric North America, reported $30,278 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,504 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 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,141st of 2,619), and 11,775th of 13,661 in manufacturing. In 2024, employees put in $2.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,928,850
Participants with balances159
Active participants128
Employer contributions$320,483
Employee contributions$848,328
Employer contribution per active participant$2,504
Average account balance$24,710
Benefits paid to participants$665,820
Plan auditUnmodified (clean) audit opinion
AuditorSCHLAUPITZ MADHAVAN, C.P.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,585
Investment management$17,693
Total administrative$30,278
The Jing-Jin Electric North America, 401(k) match · 2024
Employer contribution per active participant$2,504
Median for plans this size$1,313

Jing-Jin Electric North America,'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$22,288
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$7,989
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history1
2024$30,278 · 0.88%
Similar plansManufacturing · Michigan
Paumac Tubing, LLC MI$4.0M · 0.35%
United Machining. Inc. MI$3.9M · 0.90%
Ads US, Inc. MI$3.9M · 0.45%
G.A. Richards Company MI$3.8M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990379090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.