Plan Ledger DOL Form 5500 · updated monthly

J.P. Industries, Inc.401(k)

J.P. INDUSTRIES INC. 401(K) PROFIT SHARING PLAN AND TRUST · TUCSON, AZ · plan year 2019

Reported admin expense ratio · 2019
1.10%

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

J.P. Industries, Inc. reported $19,721 in plan administrative expenses for 2019: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $847 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 5 years on file its reported administrative ratio rose from 0.34% to 1.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 238 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,059th of 1,285), and 10,867th of 11,654 in professional & technical services. In 2019, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,012,599
Participants with balances99
Active participants159
Employer contributions$134,598
Employee contributions$203,728
Employer contribution per active participant$847
Average account balance$20,329
Benefits paid to participants$161,492
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2022$1.3M · 90 accts · $93K emplr
2019$2.0M · 99 accts · $135K emplr
2018$1.6M · 102 accts · $122K emplr
2017$1.4M · 85 accts · $83K emplr
Administrative expenses, itemized · 2019
Recordkeeping & contract admin$19,721
Total administrative$19,721
The J.P. Industries, Inc. 401(k) match · 2019
Employer contribution per active participant$847
Median for plans this size$892
2022$734 per active participant
2019$847 per active participant
2017$550 per active participant

J.P. Industries, Inc.'s 2019 employer contribution ran below the $892 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2022$15,479 · 1.16%
2019$19,721 · 1.10%
2018$16,617 · 1.12%
2017$4,460 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Arizona
Protex AZ$2.4M · 0.57%
Bluemedia, Inc. AZ$2.3M · 0.95%
Ghr Limited AZ$1.9M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860810639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.