Plan Ledger DOL Form 5500 · updated monthly

Myjove Corporation401(k)

JOVE 401(K) PLAN AND TRUST · CAMBRIDGE, MA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Myjove Corporation reported $59 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,855 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (2,488th of 2,726), and 2,029th of 2,199 in information & media. In 2022, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,050,240
Participants with balances84
Active participants61
Employer contributions$174,184
Employee contributions$337,045
Employer contribution per active participant$2,855
Average account balance$36,312
Benefits paid to participants$204,214
Plan auditDisclaimer of opinion
AuditorMARCUM LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$59
Total administrative$59
The Myjove Corporation 401(k) match · 2022
Employer contribution per active participant$2,855
Median for plans this size$1,114

Myjove Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$59 · 0.00%
Similar plansInformation & Media · Massachusetts
Paperless Parts, Inc. MA$4.3M · 0.66%
Logicmanager Inc. MA$4.2M · 0.20%
Ventois Inc MA$4.0M · 0.74%
Quality Matrix Inc MA$3.6M · 0.23%
Reggora, Inc. MA$2.8M · 0.18%
Digital Guardian, Inc. MA$2.7M · 0.21%
Tulip Interfaces, Inc MA$2.6M · 0.08%
Insightsquared, Inc. MA$417K · 1.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 208388889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.