Plan Ledger DOL Form 5500 · updated monthly

The Jay Group401(k)

THE JAY GROUP RETIREMENT PLAN · LANCASTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

The Jay Group reported $2,395 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $300 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 0.09% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,999th of 3,651), and 10,131st of 11,654 in professional & technical services. In 2024, employees put in $4.53 for every $1.00 the employer contributed; active participation has grown from 197 to 243 since 2022.

Plan summary
Net assets, end of year$4,097,138
Participants with balances99
Active participants243
Employer contributions$72,801
Employee contributions$329,841
Employer contribution per active participant$300
Average account balance$41,385
Benefits paid to participants$548,339
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 99 accts · $73K emplr
2023$3.7M · 100 accts · $64K emplr
2022$3.4M · 100 accts · $70K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,395
Total administrative$2,395
The The Jay Group 401(k) match · 2024
Employer contribution per active participant$300
Median for plans this size$1,313
2024$300 per active participant
2023$367 per active participant
2022$356 per active participant

The Jay Group's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,395
JANNEY MONTGOMERY SCOTT LLCindirect comp

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

Administrative cost history3
2024$2,395 · 0.06%
2023$4,306 · 0.12%
2022$3,297 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Elocal Holdings, LLC PA$4.2M · 0.30%
Biomeme, Inc. PA$4.0M · 0.22%
Snider Entities, LLC PA$3.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231723070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.