Plan Ledger DOL Form 5500 · updated monthly

Jo-Ann Stores, LLC401(k)

JO-ANN STORES, LLC 401(K) SAVINGS PLAN · HUDSON, OH · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Jo-Ann Stores, LLC reported $192,931 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $146 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 0.11% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 230th-largest of 3,295 plans among Ohio employers on file, and the 235th of 5,215 in retail trade. In 2023, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$182,732,087
Participants with balances3,610
Active participants19,589
Employer contributions$2,858,657
Employee contributions$8,916,433
Employer contribution per active participant$146
Average account balance$50,618
Benefits paid to participants$26,325,628
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$182.5M · 3,215 accts · $1.1M emplr
2023$182.7M · 3,610 accts · $2.9M emplr
2022$166.5M · 3,794 accts · $2.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$192,931
Total administrative$192,931
The Jo-Ann Stores, LLC 401(k) match · 2023
Employer contribution per active participant$146
Median for plans this size$3,659
2024$55 per active participant
2023$146 per active participant
2022$139 per active participant

Jo-Ann Stores, LLC's 2023 employer contribution ran below the $3,659 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 · 20231
T ROWE PRICE RPS INC · Recordkeeping · Trustee$192,931

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

Recordkeeper by year3
2025T. Rowe Price
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history4
2025Not separately reported
2024$243,654 · 0.13%
2023$192,931 · 0.11%
2022$200,834 · 0.11%
Same employer
Similar plansRetail Trade · Ohio
Big Lots, Inc. OH$333.4M · 0.18%
Designer Brands Inc. OH$241.8M · 0.13%
Ta Operating LLC OH$183.1M · 0.44%
Discount Drug Mart, Inc. OH$169.4M · 0.10%
Carter-Jones Companies, Inc. OH$167.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340720629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.