Plan Ledger DOL Form 5500 · updated monthly

Journeyman Distillery LLC401(k)

JOURNEYMAN DISTILLERY LLC 401(K) PLAN · THREE OAKS, MI · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Journeyman Distillery LLC reported $110 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $138 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 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,553rd of 2,619), and 13,473rd of 13,661 in manufacturing. In 2022, employees put in $4.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$478,080
Participants with balances41
Active participants130
Employer contributions$17,970
Employee contributions$79,350
Employer contribution per active participant$138
Average account balance$11,660
Benefits paid to participants$1,812
Plan auditUnmodified (clean) audit opinion
AuditorO'NEILL & GASPARDO, LLC
The Journeyman Distillery LLC 401(k) match · 2022
Employer contribution per active participant$138
Median for plans this size$331

Journeyman Distillery LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$110 · 0.02%
Same employer
Similar plansManufacturing · Michigan
Fluresh LLC MI$581K · 1.82%
Nagel Paper, Inc. MI$524K · 1.26%
Pearson Foods Corporation MI$451K · 0.19%
Bazco Enterprises, Inc. MI$434K · 0.14%
Ktm Industries Inc MI$334K · 0.94%
Mylocker, LLC MI$40K · 1.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 272032104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.