Plan Ledger DOL Form 5500 · updated monthly

Jordan Manufacturing Company Inc401(k)

JORDAN MANUFACTURING COMPANY INC 401 K PLAN · MONTICELLO, IN · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Jordan Manufacturing Company Inc reported $39,758 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $983 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 fell from 1.02% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,200th of 1,562), and 11,379th of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has shrunk from 426 to 225 since 2022.

Plan summary
Net assets, end of year$4,669,936
Participants with balances124
Active participants225
Employer contributions$221,146
Employee contributions$419,331
Employer contribution per active participant$983
Average account balance$37,661
Benefits paid to participants$652,094
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER MILLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 124 accts · $221K emplr
2023$4.2M · 195 accts · $239K emplr
2022$3.6M · 214 accts · $295K emplr
The Jordan Manufacturing Company Inc 401(k) match · 2024
Employer contribution per active participant$983
Median for plans this size$1,313
2024$983 per active participant
2023$782 per active participant
2022$693 per active participant

Jordan Manufacturing Company Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIRST MERCHANTS TRUST CO · Loan processing$39,758

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$39,758 · 0.90%
2023$36,463 · 0.93%
2022$39,696 · 1.02%
Same employer
Similar plansManufacturing · Indiana
Starplus Energy LLC IN$4.8M · 0.58%
Lakota Corp. IN$4.7M · 0.49%
Gta Containers, Inc. IN$4.7M · 0.25%
Ascot Enterprises, Inc. IN$4.5M · 0.58%
Chromasource, Inc. IN$4.4M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362901095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.