Plan Ledger DOL Form 5500 · updated monthly

Jkb Management, Inc.401(k)

JKB MANAGEMENT, INC. 401(K) PLAN · NEWARK, OH · plan year 2024

Reported admin expense ratio · 2024
1.67%

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

Jkb Management, Inc. reported $35,445 in plan administrative expenses for 2024: 1.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $50 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 accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (3,003rd of 3,295), and 1,411th of 2,240 in accommodation & food services. In 2024, employees put in $12.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,126,206
Participants with balances385
Active participants355
Employer contributions$17,615
Employee contributions$223,803
Employer contribution per active participant$50
Average account balance$5,523
Benefits paid to participants$54,844
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,445
Total administrative$35,445
The Jkb Management, Inc. 401(k) match · 2024
Employer contribution per active participant$50
Median for plans this size$1,313

Jkb 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.

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
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$21,547
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Investment management$13,898

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$35,445 · 1.67%
Similar plansAccommodation & Food Services · Ohio
Madtree Brewing, LLC OH$2.2M · 1.83%
Twin Tier Hospitality LLC OH$2.2M · 1.33%
Kendall House, Inc. OH$2.2M · 0.74%
Blue Ridge Bread, Inc. OH$2.2M · 0.61%
Speedy Management, LTD. OH$2.0M · 1.51%
Good Food, Inc. OH$1.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 031158690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.