Plan Ledger DOL Form 5500 · updated monthly

Mast Jaegermeister US401(k)

MAST-JAEGERMEISTER US, INC. 401(K) PLAN · WHITE PLAINS, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Mast Jaegermeister US reported $28,385 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,964 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 0.11% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,843rd-largest of 5,648 plans among New York employers on file, and the 1,255th of 4,246 in wholesale trade. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,953,864
Participants with balances254
Active participants169
Employer contributions$838,911
Employee contributions$1,997,213
Employer contribution per active participant$4,964
Average account balance$129,740
Benefits paid to participants$6,615,348
Plan auditUnmodified (clean) audit opinion
AuditorWILKIN & GUTTENPLAN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$33.0M · 254 accts · $839K emplr
2023$32.4M · 231 accts · $836K emplr
2022$27.1M · 232 accts · $797K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,914
Investment management$14,471
Total administrative$28,385
The Mast Jaegermeister US 401(k) match · 2024
Employer contribution per active participant$4,964
Median for plans this size$2,416
2024$4,964 per active participant
2023$5,356 per active participant
2022$4,661 per active participant

Mast Jaegermeister US's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,471
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,914

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$28,385 · 0.09%
2023$31,878 · 0.11%
2022$30,496 · 0.11%
Same employer
Similar plansWholesale Trade · New York
Puig North America, Inc. NY$34.1M · 0.25%
Marjam Supply Company, Inc. NY$33.1M · 0.35%
Andrew & Sons, LLC NY$31.8M · 0.06%
Michael Skurnik Wines, Inc. NY$31.2M · 0.19%
Natural Organics, Inc. NY$30.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132697884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.