Plan Ledger DOL Form 5500 · updated monthly

Jyg Innovations LLC401(k)

JYG INNOVATIONS 401(K) PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Jyg Innovations LLC reported $12,887 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,156 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 0.34% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,439th of 3,295), and 9,455th of 11,654 in professional & technical services. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has shrunk from 133 to 99 since 2022.

Plan summary
Net assets, end of year$5,846,822
Participants with balances79
Active participants99
Employer contributions$213,397
Employee contributions$588,211
Employer contribution per active participant$2,156
Average account balance$74,010
Benefits paid to participants$725,574
Plan auditUnmodified (clean) audit opinion
AuditorKENTNER SELLERS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 79 accts · $213K emplr
2023$5.0M · 113 accts · $212K emplr
2022$3.6M · 104 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,887
Total administrative$12,887
The Jyg Innovations LLC 401(k) match · 2024
Employer contribution per active participant$2,156
Median for plans this size$1,313
2024$2,156 per active participant
2023$1,669 per active participant
2022$1,412 per active participant

Jyg Innovations LLC's 2024 employer contribution ran above the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$8,886
BRIXEY & MEYER · Contract administrator · Other services$4,000
NEW YORK LIFE SECURITIES · Other servicesindirect comp

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$12,887 · 0.24%
2023$7,773 · 0.18%
2022$12,427 · 0.34%
Same employer
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Sobran Inc OH$6.4M · 0.49%
Agile Pursuits, Inc. OH$6.2M · 0.04%
Assetwatch, Inc. OH$6.1M · 0.08%
Tsy Enterprises LLC OH$5.9M · 0.81%
Certasite, LLC OH$5.7M · 0.05%
On Line Design, Inc. OH$5.7M · 0.85%
Fast Switch, LTD. OH$5.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271356468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.