Plan Ledger DOL Form 5500 · updated monthly

Joieful Connections LLC401(k)

JOIEFUL CONNECTIONS LLC 401(K) PROFIT SHARING PLAN & TRUST · DALLAS, OR · plan year 2023

Reported admin expense ratio · 2023
2.17%

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

Joieful Connections LLC reported $7,334 in plan administrative expenses for 2023: 2.17% of average plan assets, above the peer median. Employer contributions averaged $0 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 under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Oregon (986th of 1,021), and 3,184th of 3,341 in other services.

Plan summary
Net assets, end of year$504,648
Participants with balances403
Active participants340
Employer contributions$0
Employee contributions$314,338
Employer contribution per active participant$0
Average account balance$1,252
Benefits paid to participants$18,743
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, PC
Plan history2
Yearassets · accounts · employer contribution
2024$0 · $70K emplr
2023$505K · 403 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,501
Investment management$2,833
Total administrative$7,334
The Joieful Connections LLC 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$522

Joieful Connections LLC's 2023 employer contribution ran below the $522 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.

Administrative cost history2
2024Not separately reported
2023$7,334 · 2.17%
Similar plansOther Services · Oregon
First Response, Inc. OR$700K · 0.02%
Dabella Exteriors LLC OR$534K · 3.04%
Caring for the Coast LLC OR$233K · 2.92%
Westside Drywall Inc OR$85K · 2.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843260365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.