Plan Ledger DOL Form 5500 · updated monthly

Next Jump, Inc.401(k)

NEXT JUMP, INC 401(K) · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Next Jump, Inc. reported $906 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,873 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 0.010% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (3,152nd of 5,648), and the 835th of 2,534 in administrative & support services. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has shrunk from 31 to 18 since 2022.

Plan summary
Net assets, end of year$13,393,536
Participants with balances110
Active participants18
Employer contributions$159,706
Employee contributions$269,164
Employer contribution per active participant$8,873
Average account balance$121,759
Benefits paid to participants$808,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 110 accts · $160K emplr
2023$12.0M · 118 accts · $157K emplr
2022$10.8M · 130 accts · $177K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$906
Total administrative$906
The Next Jump, Inc. 401(k) match · 2024
Employer contribution per active participant$8,873
Median for plans this size$2,416
2024$8,873 per active participant
2023$5,241 per active participant
2022$5,712 per active participant

Next Jump, Inc.'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 · 20241
ASCENSUS LLC · Recordkeeping$906

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$906 · 0.01%
2023$1,594 · 0.01%
2022$1,230 · 0.01%
Similar plansAdministrative & Support Services · New York
Conductor LLC NY$14.2M · 0.03%
Rosco, Inc. NY$14.1M · 0.01%
Fareportal Inc NY$13.9M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043461509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.