Jml Optical Industries, LLC401(k)
JML OPTICAL INDUSTRIES LLC 401K PROFIT SHARING PLAN & TRUST · ROCHESTER, NY · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Jml Optical Industries, LLC reported $42,536 in plan administrative expenses for 2022: 0.79% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,394 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 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,513th of 5,648), and 1,464th of 2,534 in administrative & support services. In 2022, employees put in $3.81 for every $1.00 the employer contributed.
Jml Optical Industries, LLC's 2022 employer contribution ran above the $1,114 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 452007923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.