Retirement plan

JASCO PRODUCTS COMPANY LLC 401(K) PROFIT SHARING PLAN

Name: JASCO PRODUCTS COMPANY LLC - JASCO PRODUCTS COMPANY LLC 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: JASCO PRODUCTS COMPANY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JASCO PRODUCTS COMPANY LLC 401(K) PROFIT SHARING PLAN, JASCO PRODUCTS COMPANY LLC

JASCO PRODUCTS COMPANY LLCEIN 73-1591580Plan #001PY 2023

10 E. MEMORIAL RD., BUILDING B - OKLAHOMA CITY, OK 73114405-302-2198byjasco.comLinkedIn201-500 employeesconsumer electronics

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$42.3M

+17.9% from 2022

Total participants

479

-5.0% from 2022

Average account balance

$94,450

+24.7% from 2022

Annual return

18.63%

+33.97 pp from 2022

Benchmarks

See 1,359 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,359 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$48.99M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

437

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$329

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
NATIONWIDE9+ years Service code 38 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Participant Communication	$44,300
PENSION ASSURANCE LLP9+ years Filed as: PENSION SOLUTIONS Service code 13 · EIN 73-1521434 9116 N KELLEY AVE · OKLAHOMA CITY, OK 73131	Contract Administrator	$30,714
OSAIC WEALTH INC1 year Filed as: OSAIC WEALTH INC. Service code 26 · EIN 93-0987232 AMONE GELLINEAU COMM DEPT · JERSEY CITY, NJ 07302	Advisory (Participants)	$29,984
ROYAL ALLIANCE ASSOCIATES INC4 years Service code 26 · EIN 93-0987232 AMONE GELLINEAU COMM DEPT · NEW JERSEY, NJ 07302	Advisory (Participants)	$28,291
BRINKER CAPITAL3 years Filed as: BRINKER CAPITAL INVESTMENTS Service code 26 · EIN 13-4109249	Advisory (Participants)	$28,194

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$161K

$464 / participant

Investment mgmt$131K81.0%
Contract admin$31K19.0%

% of EOY assets

0.382%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ARLEDGE AND ASSOCIATES, P.C.
Auditor EIN: 731185089
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,450

$91,406+3.3%

$130,062-27.4%

$74,473+26.8%

Participation rate

91.1%

77.8%+13.3pp

78.5%+12.6pp

70.7%+20.3pp

Annual return

18.63%

23.21%-4.6pp

-137.37%+156.0pp

34.36%-15.7pp

Employer contribution / active EE

$3,835

$2,565+49.5%

$4,322-11.3%

$2,638+45.4%

Participant deferral / active EE

$5,685

$4,724+20.3%

$5,821-2.3%

$4,530+25.5%

Admin fee / account holder

$360

$283+27.2%

$10,601-96.6%

$347+3.9%

Provider

Service type

Compensation

NATIONWIDE9+ years

Service code 38 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Participant Communication

$44,300

PENSION ASSURANCE LLP9+ years

Filed as: PENSION SOLUTIONS

Service code 13 · EIN 73-1521434

9116 N KELLEY AVE · OKLAHOMA CITY, OK 73131

Contract Administrator

$30,714

OSAIC WEALTH INC1 year

Filed as: OSAIC WEALTH INC.

Service code 26 · EIN 93-0987232

AMONE GELLINEAU COMM DEPT · JERSEY CITY, NJ 07302

Advisory (Participants)

$29,984

ROYAL ALLIANCE ASSOCIATES INC4 years

Service code 26 · EIN 93-0987232

AMONE GELLINEAU COMM DEPT · NEW JERSEY, NJ 07302

Advisory (Participants)

$28,291

BRINKER CAPITAL3 years

Filed as: BRINKER CAPITAL INVESTMENTS

Service code 26 · EIN 13-4109249

Advisory (Participants)

$28,194

JASCO PRODUCTS COMPANY LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JASCO PRODUCTS COMPANY LLC 401(K) PROFIT SHARING 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