Plan Ledger DOL Form 5500 · updated monthly

Jn Group, Inc.401(k)

WHOLESALE MOTORS, INC. 401(K) PROFIT SHARING PLAN · HONOLULU, HI · plan year 2023

Reported admin expense ratio · 2023
0.66%

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

Jn Group, Inc. reported $98,064 in plan administrative expenses for 2023: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,228 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 rose from 0.52% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 121st-largest of 269 plans among Hawaii employers on file, and the 1,776th of 5,215 in retail trade. In 2023, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,330,622
Participants with balances350
Active participants201
Employer contributions$246,738
Employee contributions$756,997
Employer contribution per active participant$1,228
Average account balance$46,659
Benefits paid to participants$992,942
Plan auditUnmodified (clean) audit opinion
AuditorCW ASSOCIATES, CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 332 accts · $253K emplr
2023$16.3M · 350 accts · $247K emplr
2022$13.5M · 335 accts · $200K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,614
Investment management$82,450
Total administrative$98,064
The Jn Group, Inc. 401(k) match · 2023
Employer contribution per active participant$1,228
Median for plans this size$2,440
2024$1,224 per active participant
2023$1,228 per active participant
2022$1,070 per active participant

Jn Group, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NEXUS ADMINISTRATORS, INC. · Contract administrator$14,854

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

Administrative cost history3
2024$104,638 · 0.69%
2023$98,064 · 0.66%
2022$79,161 · 0.52%
Same employer
Similar plansRetail Trade · Hawaii
Seven-Eleven Hawaii, Inc. HI$24.2M · 0.39%
Shelton Holdings, LLC HI$23.7M · 0.44%
Cutter Management Co. HI$20.2M · 0.65%
Mjc, Inc. HI$19.3M · 0.31%
Marukai Corporation HI$16.0M · 1.31%
Maui Divers of Hawaii, LTD. HI$14.9M · 0.02%
City Mill Company, Limited HI$13.7M · 0.69%
The Carpet Shoppe, Inc. HI$9.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990106809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.