Plan Ledger DOL Form 5500 · updated monthly

Jonti-Craft, Inc.401(k)

JONTI-CRAFT, INC. 401(K) RETIREMENT SAVINGS PLAN · WABASSO, MN · plan year 2025

Reported admin expense ratio · 2025
0.49%

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

Jonti-Craft, Inc. reported $52,201 in plan administrative expenses for 2025: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,102 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 3 years on file its reported administrative ratio fell from 0.63% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,220th of 1,918), and 8,199th of 13,661 in manufacturing. In 2025, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 92 to 108 since 2022.

Plan summary
Net assets, end of year$11,451,007
Participants with balances146
Active participants108
Employer contributions$227,065
Employee contributions$506,523
Employer contribution per active participant$2,102
Average account balance$78,432
Benefits paid to participants$396,716
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$11.5M · 146 accts · $227K emplr
2024$9.8M · 110 accts · $182K emplr
2023$8.5M · 128 accts · $72K emplr
2022$7.4M · 128 accts · $68K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$26,635
Investment management$25,566
Total administrative$52,201
The Jonti-Craft, Inc. 401(k) match · 2025
Employer contribution per active participant$2,102
Median for plans this size$2,666
2025$2,102 per active participant
2024$1,119 per active participant
2023$395 per active participant
2022$741 per active participant

Jonti-Craft, Inc.'s 2025 employer contribution ran below the $2,666 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.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$25,566

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

Administrative cost history4
2025$52,201 · 0.49%
2024$53,751 · 0.59%
2023$48,018 · 0.60%
2022$52,353 · 0.63%
Similar plansManufacturing · Minnesota
Sunrich Products MN$12.2M · 0.23%
Minmor Industries, LLC MN$12.1M · 0.08%
Electromed, Inc. MN$11.5M · 0.31%
Fey Industries, Inc. MN$11.4M · 0.32%
Halcon Furniture LLC MN$11.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411363704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.