Plan Ledger DOL Form 5500 · updated monthly

Jteam Emp LLC401(k)

JTEAM EMP LLC 401(K) PROFIT SHARING PLAN & TRUST · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Jteam Emp LLC reported $16,223 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $377 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 3 years on file its reported administrative ratio has held roughly steady near 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in North Carolina (1,635th of 2,005), and 2,616th of 3,341 in other services. In 2024, employees put in $7.11 for every $1.00 the employer contributed; active participation has grown from 143 to 165 since 2022.

Plan summary
Net assets, end of year$3,233,092
Participants with balances190
Active participants165
Employer contributions$62,286
Employee contributions$442,669
Employer contribution per active participant$377
Average account balance$17,016
Benefits paid to participants$240,706
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 190 accts · $62K emplr
2023$2.7M · 187 accts · $65K emplr
2022$2.0M · 156 accts · $68K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,073
Investment management$8,290
Trustee / custodial$860
Total administrative$16,223
The Jteam Emp LLC 401(k) match · 2024
Employer contribution per active participant$377
Median for plans this size$1,313
2024$377 per active participant
2023$422 per active participant
2022$479 per active participant

Jteam Emp LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$7,073
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$8,290

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$16,223 · 0.55%
2023$12,666 · 0.54%
2022$10,446 · 0.54%
Same employer
Similar plansOther Services · North Carolina
Inreach NC$3.5M · 1.07%
Makson, Inc NC$3.4M · 1.64%
Ovme Mso LLC NC$2.5M · 1.48%
Airo Mechanical LLC NC$2.5M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813831307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.