Plan Ledger DOL Form 5500 · updated monthly

Jp Express Service Inc.ESOP

J. P. EXPRESS EMPLOYEE STOCK OWNERSHIP PLAN · ISLANDIA, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Jp Express Service Inc. reported $377 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,458 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,212th-largest of 5,648 plans among New York employers on file, and the 345th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$59,158,713
Participants with balances330
Active participants214
Employer contributions$3,521,965
Employee contributions—
Employer contribution per active participant$16,458
Average account balance$179,269
Benefits paid to participants$2,935,153
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.2M · 330 accts · $3.5M emplr
2023$54.3M · 305 accts · $3.9M emplr
2022$49.4M · 341 accts · $2.5M emplr
Employer contributions to the Jp Express Service Inc. plan · 2024
Employer contribution per active participant$16,458
Median for plans this size$3,635
2024$16,458 per active participant
2023$18,999 per active participant
2022$10,851 per active participant

Jp Express Service Inc.'s 2024 employer contribution ran above the $3,635 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.

Administrative cost history3
2024$377 · 0.00%
2023Not separately reported
2022Not separately reported
All plans at this employer2
JP EXPRESS SERVICE 401(K) PLAN401(k)
J. P. EXPRESS EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansTransportation & Warehousing · New York
Railworks Corporation NY$108.0M · 0.02%
Port Liberty USA LLC NY$58.3M · 0.01%
Emirates USA NY$48.1M · 0.16%
Klm Royal Dutch Airlines NY$48.1M · 0.27%
Liberty Lines Transit, Inc. NY$42.3M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 113198872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.