Plan Ledger DOL Form 5500 · updated monthly

Smith and Jennings, Inc.401(k)

SMITH & JENNINGS, LANDTRANS, AND C&S TURF SOLUTIONS 401(K) PLAN · HIGH POINT, NC · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Smith and Jennings, Inc. reported $55 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $384 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,916th of 2,005), and 5,171st of 5,337 in construction. In 2022, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$701,989
Participants with balances82
Active participants115
Employer contributions$44,156
Employee contributions$78,162
Employer contribution per active participant$384
Average account balance$8,561
Benefits paid to participants$4,124
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$55
Total administrative$55
The Smith and Jennings, Inc. 401(k) match · 2022
Employer contribution per active participant$384
Median for plans this size$331

Smith and Jennings, Inc.'s 2022 employer contribution ran above the $331 median for plans its size. 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$55 · 0.01%
Same employer
Similar plansConstruction · North Carolina
The Spangler Group, LLC NC$1.1M · 0.54%
Hyper Networks LLC NC$747K · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560957120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.