Plan Ledger DOL Form 5500 · updated monthly

Jmac, Inc.401(k)

JMAC, INC. 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Jmac, Inc. reported $122,906 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,111 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 fell from 0.57% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 706th-largest of 3,295 plans among Ohio employers on file, and the 295th of 786 in management of companies. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,521,096
Participants with balances494
Active participants543
Employer contributions$1,146,032
Employee contributions$2,131,183
Employer contribution per active participant$2,111
Average account balance$92,148
Benefits paid to participants$5,906,129
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.5M · 494 accts · $1.1M emplr
2023$42.7M · 508 accts · $1.1M emplr
2022$35.8M · 500 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,347
Total administrative$122,906
The Jmac, Inc. 401(k) match · 2024
Employer contribution per active participant$2,111
Median for plans this size$2,416
2024$2,111 per active participant
2023$2,020 per active participant
2022$1,898 per active participant

Jmac, Inc.'s 2024 employer contribution ran below the $2,416 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
NATIONWIDE · Recordkeeping · Other services$9,181
LATITUDE SERVICE COMPANY · Other services$7,335

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$122,906 · 0.28%
2023$239,559 · 0.61%
2022$224,956 · 0.57%
Same employer
Similar plansManagement of Companies · Ohio
Sotera Health Holdings, LLC OH$192.4M · 0.29%
Tosoh America, Inc. OH$128.7M · 0.11%
The Cypress Companies, Inc. OH$52.3M · 0.31%
Salo Inc. OH$27.5M · 0.31%
Guyan International, Inc. OH$20.1M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310981458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.