Plan Ledger DOL Form 5500 · updated monthly

Pj Holdings Ky, LLC401(k)

TEAM PJ OPS 401(K) PLAN · LEXINGTON, KY · plan year 2022

Reported admin expense ratio · 2022
0.89%

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

Pj Holdings Ky, LLC reported $7,687 in plan administrative expenses for 2022: 0.89% of average plan assets, above the peer median. Employer contributions averaged $45 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 4 years on file its reported administrative ratio fell from 1.47% to 0.89%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Kentucky (836th of 871), and 760th of 786 in management of companies. In 2022, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$806,207
Participants with balances69
Active participants1,276
Employer contributions$57,826
Employee contributions$97,658
Employer contribution per active participant$45
Average account balance$11,684
Benefits paid to participants$66,503
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2022$806K · 69 accts · $58K emplr
2020$755K · 84 accts · $82K emplr
2019$483K · 88 accts · $75K emplr
2018$269K · 94 accts · $92K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,650
Investment management$37
Total administrative$7,687
The Pj Holdings Ky, LLC 401(k) match · 2022
Employer contribution per active participant$45
Median for plans this size$331
2022$45 per active participant
2020$57 per active participant
2019$57 per active participant
2018$74 per active participant

Pj Holdings Ky, LLC's 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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 history4
2022$7,687 · 0.89%
2020$5,102 · 0.82%
2019$4,040 · 1.07%
2018$2,821 · 1.47%
Similar plansManagement of Companies · Kentucky
Hinkle Holding Co., LLC KY$13.1M · 0.10%
Harper Industries Inc. KY$5.4M · 0.04%
Ecofibre USA, Inc. KY$1.7M · 1.60%
Frx Management Holdings PA$1.0M · 1.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205622351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.