Plan Ledger DOL Form 5500 · updated monthly

Jteam IncESOP

JTEAM INC EMPLOYEE STOCK OWNERSHIP PLAN · RALEIGH, NC · plan year 2023

Plan assets · 2023
$62.6M

Jteam Inc's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $62,569,633 across 134 participant accounts. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other wholesale trade employers. By assets it is the 319th-largest of 2,005 plans among North Carolina employers on file, and the 659th of 4,246 in wholesale trade. active participation has grown from 102 to 115 since 2022.

Plan summary
Net assets, end of year$62,569,633
Participants with balances134
Active participants115
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$466,938
Benefits paid to participants$5,892,694
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.9M · 150 accts
2023$62.6M · 134 accts
2022$58.2M · 123 accts
Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansWholesale Trade · North Carolina
Fluid-Flow Products, Inc. NC$70.9M · 0.52%
Quality Oil Company, LLC NC$70.3M · 0.28%
Guerbet America LLC NC$65.9M · 0.05%
Piedmont Plastics, Inc. NC$60.0M · 0.28%
Polymershapes LLC NC$59.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201895713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.