Retirement plan

JEDMED INSTRUMENT COMPANY EMPLOYEE STOCK OWNERSHIP AND SALARY DEFERRAL PLAN

Name: JEDMED INSTRUMENT COMPANY - JEDMED INSTRUMENT COMPANY EMPLOYEE STOCK OWNERSHIP AND SALARY DEFERRAL PLAN (2023) Form 5500
Creator: JEDMED INSTRUMENT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEDMED INSTRUMENT COMPANY EMPLOYEE STOCK OWNERSHIP AND SALARY DEFERRAL PLAN, JEDMED INSTRUMENT COMPANY

JEDMED INSTRUMENT COMPANYEIN 43-1141467Plan #004PY 2023

5416 JEDMED COURT - ST. LOUIS, MO 631292221314-845-3770

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$14.8M

+4.1% from 2022

Total participants

0.0% from 2022

Average account balance

$301,949

-2.3% from 2022

Annual return

4.51%

+8.15 pp from 2022

Benchmarks

See 14,460 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,460 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$15.66M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$320K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$830K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.20%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$18652

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2O2E2F2H2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$793K

$22665 / participant

Other / not subdivided$793K100.0%

% of EOY assets

5.362%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$301,949

$80,985+272.8%

$96,576+212.7%

$75,181+301.6%

Participation rate

97.1%

71.8%+25.4pp

76.0%+21.2pp

67.2%+29.9pp

Annual return

4.51%

27.05%-22.5pp

25.87%-21.4pp

160.69%-156.2pp

Employer contribution / active EE

$11,429

$2,282+400.7%

$2,965+285.5%

$2,671+328.0%

Participant deferral / active EE

$8,790

$3,929+123.7%

$4,851+81.2%

$4,126+113.0%

Admin fee / account holder

$16,189

$6,719+141.0%

$8,253+96.2%

$5,650+186.5%

JEDMED INSTRUMENT COMPANY EMPLOYEE STOCK OWNERSHIP AND SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEDMED INSTRUMENT COMPANY EMPLOYEE STOCK OWNERSHIP AND SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion