Plan Ledger DOL Form 5500 · updated monthly

Jpn Management, Inc.401(k)

JPN MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN · ALTOONA, PA · plan year 2023

Reported admin expense ratio · 2023
1.01%

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

Jpn Management, Inc. reported $31,215 in plan administrative expenses for 2023: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $484 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 rose from 0.93% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Pennsylvania (3,110th of 3,651), and 686th of 786 in management of companies. In 2023, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,456,129
Participants with balances173
Active participants244
Employer contributions$118,061
Employee contributions$225,423
Employer contribution per active participant$484
Average account balance$19,978
Benefits paid to participants$48,762
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG, OAKES, BROWN & CO., PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 165 accts · $99K emplr
2023$3.5M · 173 accts · $118K emplr
2022$2.7M · 162 accts · $114K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$31,215
Total administrative$31,215
The Jpn Management, Inc. 401(k) match · 2023
Employer contribution per active participant$484
Median for plans this size$1,308
2024$446 per active participant
2023$484 per active participant
2022$468 per active participant

Jpn Management, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$36,882 · 1.10%
2023$31,215 · 1.01%
2022$26,492 · 0.93%
Similar plansManagement of Companies · Pennsylvania
Erie Management Group, LLC PA$10.1M · 0.31%
Esmark, Inc. PA$9.4M · 0.25%
Huntingdon Valley Bank PA$6.6M · 0.39%
Byler Holdings, LLC PA$3.3M · 1.11%
Byler Holdings, LLC PA$2.3M · 0.91%
Kmi Holdings, Inc PA$2.2M · 1.03%
Frx Management Holdings PA$1.0M · 1.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200484997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.