Plan Ledger DOL Form 5500 · updated monthly

Jipc Management, Inc.DC plan

JIPC SAVINGS PLAN · RANCHO SANTA MARGARI, CA · plan year 2024

Employer contribution per participant · 2024
$458

Jipc Management, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $6,899,178 across 890 participant accounts, with employer contributions averaging $458 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.136%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (6,372nd of 9,483), and the 739th of 2,240 in accommodation & food services. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has shrunk from 795 to 314 since 2022.

Plan summary
Net assets, end of year$6,899,178
Participants with balances890
Active participants314
Employer contributions$143,864
Employee contributions$493,674
Employer contribution per active participant$458
Average account balance$7,752
Benefits paid to participants$381,980
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 890 accts · $144K emplr
2023$5.7M · 895 accts · $119K emplr
2022$4.6M · 886 accts · $77K emplr
Employer contributions to the Jipc Management, Inc. plan · 2024
Employer contribution per active participant$458
Median for plans this size$1,313
2024$458 per active participant
2023$147 per active participant
2022$97 per active participant

Jipc Management, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeepingindirect comp

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024Not separately reported
2023$7,018 · 0.14%
2022$6,903 · 0.14%
Similar plansAccommodation & Food Services · California
Sun Basket, Inc. CA$7.1M · 0.32%
Bel Air Bay Club, LTD. CA$6.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770484047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.