Plan Ledger DOL Form 5500 · updated monthly

Jmark Business Solutions, Inc.401(k)

JMARK BUSINESS SOLUTIONS, INC. 401(K) PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Jmark Business Solutions, Inc. reported $19,459 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $2,092 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 0.44% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Missouri (1,039th of 1,393), and 9,439th of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 113 to 128 since 2022.

Plan summary
Net assets, end of year$5,902,591
Participants with balances160
Active participants128
Employer contributions$267,800
Employee contributions$512,826
Employer contribution per active participant$2,092
Average account balance$36,891
Benefits paid to participants$36,518
Plan auditUnmodified (clean) audit opinion
AuditorALIGN CPAS, LLC.
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 160 accts · $268K emplr
2023$4.5M · 127 accts · $94K emplr
2022$3.3M · 151 accts · $87K emplr
The Jmark Business Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,092
Median for plans this size$1,313
2024$2,092 per active participant
2023$759 per active participant
2022$773 per active participant

Jmark Business Solutions, Inc.'s 2024 employer contribution ran above 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 · 20243
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$11,860
FM INTERNATIONAL, LTD. · Recordkeeping · Loan processing$6,554
MESIROW FINANCIAL INC · Investment advisory (plan)$1,045

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

Recordkeeper by year2
2024FM INTERNATIONAL, LTD., Transamerica
2023FM INTERNATIONAL, LTD., Transamerica

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

Administrative cost history3
2024$19,459 · 0.37%
2023$17,074 · 0.44%
2022$15,485 · 0.44%
Same employer
Similar plansProfessional & Technical Services · Missouri
Gonzalez Companies, LLC MO$6.3M · 0.25%
Watchtower Security LLC MO$6.0M · 0.70%
Solution Holdings, L.L.C. MO$6.0M · 0.58%
H & H Color Lab, Inc. MO$5.4M · 0.97%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 431918976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.