Plan Ledger DOL Form 5500 · updated monthly

Kelli Network, Inc. dba Jellysmack401(k)

JELLYSMACK 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Kelli Network, Inc. dba Jellysmack reported $8,308 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $7,378 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 0.21% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (4,669th of 5,648), and 1,964th of 2,199 in information & media. In 2023, employees put in $2.25 for every $1.00 the employer contributed; active participation has shrunk from 112 to 64 since 2022.

Plan summary
Net assets, end of year$4,058,295
Participants with balances113
Active participants64
Employer contributions$472,164
Employee contributions$1,061,406
Employer contribution per active participant$7,378
Average account balance$35,914
Benefits paid to participants$749,886
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 68 accts · $233K emplr
2023$4.1M · 113 accts · $472K emplr
2022$2.6M · 133 accts · $463K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,308
Total administrative$8,308
The Kelli Network, Inc. dba Jellysmack 401(k) match · 2023
Employer contribution per active participant$7,378
Median for plans this size$1,308
2024$19,388 per active participant
2023$7,378 per active participant
2022$4,132 per active participant

Kelli Network, Inc. dba Jellysmack's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$8,307

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$4,332 · 0.13%
2023$8,308 · 0.25%
2022$2,923 · 0.21%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 352553158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.