Plan Ledger DOL Form 5500 · updated monthly

Juut Holdings, Inc.401(k)

JUUT SALONSPA 401(K) RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Juut Holdings, Inc. reported $99,845 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $279 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 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 777th-largest of 1,918 plans among Minnesota employers on file, and the 863rd of 3,341 in other services. In 2024, employees put in $19.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,284,284
Participants with balances442
Active participants299
Employer contributions$83,481
Employee contributions$1,585,780
Employer contribution per active participant$279
Average account balance$57,204
Benefits paid to participants$1,152,844
Plan auditUnmodified (clean) audit opinion
AuditorBARTON WALTER & KRIER P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 442 accts · $83K emplr
2023$21.8M · 453 accts · $82K emplr
2022$17.3M · 416 accts · $76K emplr
Administrative expenses, itemized · 2024
Investment management$32,500
Total administrative$99,845
The Juut Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$279
Median for plans this size$2,416
2024$279 per active participant
2023$260 per active participant
2022$254 per active participant

Juut Holdings, Inc.'s 2024 employer contribution ran below the $2,416 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$12,738
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (participants)$32,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$99,845 · 0.42%
2023$85,915 · 0.44%
2022$79,854 · 0.43%
Similar plansOther Services · Minnesota
National Co+Op Grocers MN$26.9M · 0.02%
Lamettrys Collision, Inc. MN$25.4M · 0.36%
Vertin Company MN$24.1M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411975656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.