Plan Ledger DOL Form 5500 · updated monthly

Jollys Pharmacy, Inc.401(k)

JOLLY'S PHARMACY INC. 401(K) PROFIT SHARING PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Jollys Pharmacy, Inc. reported $33,320 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $2,697 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 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,178th of 1,714), and 3,061st of 5,215 in retail trade. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,933,175
Participants with balances215
Active participants170
Employer contributions$458,475
Employee contributions$1,045,323
Employer contribution per active participant$2,697
Average account balance$36,898
Benefits paid to participants$235,544
Plan auditUnmodified (clean) audit opinion
AuditorHAGEN, KURTH, PERMAN & CO, P.C.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,211
Investment management$4,109
Total administrative$33,320
The Jollys Pharmacy, Inc. 401(k) match · 2024
Employer contribution per active participant$2,697
Median for plans this size$1,313

Jollys Pharmacy, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$29,211

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

Administrative cost history1
2024$33,320 · 0.49%
Similar plansRetail Trade · Washington
Grizzly Industrial, Inc. WA$8.7M · 0.39%
Sunset Chevrolet, Inc. WA$8.3M · 0.30%
Netrush, LLC WA$7.8M · 0.07%
Wyze Labs, Inc WA$7.6M · 0.52%
Thrift Books Global, LLC WA$7.6M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261966054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.