Plan Ledger DOL Form 5500 · updated monthly

Sjs Executives, LLC401(k)

SJS EXECUTIVES, LLC 401(K) PLAN · VIRGINIA BEACH, VA · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Sjs Executives, LLC reported $3,452 in plan administrative expenses for 2023: 0.35% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,261 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 1 year on file its reported administrative ratio fell from 1.24% to 0.35%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (2,167th of 2,266), and 2,172nd of 2,534 in administrative & support services. In 2023, the employer put in $1.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,087,151
Participants with balances95
Active participants111
Employer contributions$139,959
Employee contributions$112,147
Employer contribution per active participant$1,261
Average account balance$11,444
Benefits paid to participants$180,037
Plan auditUnmodified (clean) audit opinion
AuditorCOLBY & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$1.1M · 95 accts · $140K emplr
2022$861K · 102 accts · $106K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,452
Total administrative$3,452
The Sjs Executives, LLC 401(k) match · 2023
Employer contribution per active participant$1,261
Median for plans this size$522
2023$1,261 per active participant
2022$919 per active participant

Sjs Executives, LLC's 2023 employer contribution ran above the $522 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
ADP, INC. · Recordkeeping$3,452

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

Administrative cost history2
2023$3,452 · 0.35%
2022$14,785 · 1.24%
Similar plansAdministrative & Support Services · Virginia
Falken Industries LLC VA$1.3M · 2.79%
Outstaffing, Inc. VA$1.2M · 0.69%
Productiv, Inc. VA$1.2M · 0.03%
Comtrix Solutions Inc VA$1.1M · 0.47%
The Cogar Group, LTD. VA$691K · 3.02%
Liberty Source VA$686K · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272277725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.