Plan Ledger DOL Form 5500 · updated monthly

Jsj Corporation401(k)

JSJ CORPORATION RETIREMENT SAVINGS AND INVESTMENT PLAN · GRAND HAVEN, MI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Jsj Corporation reported $323,429 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,226 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 0.29% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 222nd-largest of 2,619 plans among Michigan employers on file, and the 182nd of 786 in management of companies. In 2024, employees put in $2.69 for every $1.00 the employer contributed; active participation has shrunk from 1,092 to 927 since 2022.

Plan summary
Net assets, end of year$128,173,013
Participants with balances1,483
Active participants927
Employer contributions$2,063,782
Employee contributions$5,558,239
Employer contribution per active participant$2,226
Average account balance$86,428
Benefits paid to participants$20,591,578
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history3
Yearassets · accounts · employer contribution
2024$128.2M · 1,483 accts · $2.1M emplr
2023$124.4M · 1,798 accts · $2.0M emplr
2022$109.7M · 1,778 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,698
Investment management$214,393
Total administrative$323,429
The Jsj Corporation 401(k) match · 2024
Employer contribution per active participant$2,226
Median for plans this size$3,635
2024$2,226 per active participant
2023$1,814 per active participant
2022$3,754 per active participant

Jsj Corporation's 2024 employer contribution ran below the $3,635 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$132,994
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$80,799
WARNER NORCROSS & JUDD LLP · Legal · Contract administrator$600

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$323,429 · 0.26%
2023$305,198 · 0.26%
2022$358,623 · 0.29%
Same employer
Similar plansManagement of Companies · Michigan
Ufp Industries, Inc MI$791.7M · 0.06%
Fives Inc. MI$314.4M · 0.05%
Altagas Services (U.S.) Inc. MI$186.4M · 0.00%
Viking Group, Inc. MI$131.9M · 0.06%
Central Transport, LLC MI$94.4M · 0.03%
Centra, Inc MI$82.3M · 0.04%
Soave Enterprises, LLC MI$81.6M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381941886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.