Retirement plan

JM EAGLE EMPLOYEES 401K SAVINGS PLAN

Name: J-M MANUFACTURING COMPANY, INC. - JM EAGLE EMPLOYEES 401K SAVINGS PLAN (2024) Form 5500
Creator: J-M MANUFACTURING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JM EAGLE EMPLOYEES 401K SAVINGS PLAN, J-M MANUFACTURING COMPANY, INC.

J-M MANUFACTURING COMPANY, INC.EIN 84-0895616Plan #001PY 2024

5200 W CENTURY BLVD. - LOS ANGELES, CA 90045310-693-8200

Other plans on this EIN

1 filing

#002Retirement-$30.6M assets

Prospect flagsLow returnsLow employer contribution

How to read this page

Total assets (EOY)

$106.2M

+10.5% from 2023

Total participants

2,132

+5.8% from 2023

Average account balance

$55,870

+17.2% from 2023

Annual return

12.02%

-3.49 pp from 2023

Benchmarks

See 422 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort422 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$106.21M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

1,901

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.

84.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$145

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
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 13 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Contract Administrator	$99,031
WORLD INVESTMENT ADVISORS LLC1 year Service code 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101	Advisory (Plan)	$46,449
FARBER HASS HURLEY LLP1 year Service code 10 9301 OAKDALE AVE STE 230 · CHATSWORTH, CA 91311	Accounting	$15,000
PENSIONMARK FINANCIAL GROUP LLC8 years Service code 27 · EIN 61-1758632	Advisory (Plan)	$14,469
FREDRICKSON AND BYRON1 year Filed as: FREDRICKSON AND BYRON PA Service code 99 200 SOUTH 6TH STREET, SUITE 4000 · MINNEAPOLIS, MN 55402	Other Fees	$3,441

Plan features & details

Pension benefit codes2E2G2J2K2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$276K

$188 / participant

Recordkeeping$82K29.6%
Investment mgmt$61K22.1%
Other trustee fees$3K1.2%
Contract admin$17K6.3%
Other / not subdivided$113K40.8%

% of EOY assets

0.260%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FARBER HASS HURLEY LLP
Auditor EIN: 204207759
Audit fees: $15,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,870

$112,582-50.4%

$105,624-47.1%

$200,096-72.1%

Participation rate

84.3%

86.3%-1.9pp

75.3%+9.0pp

72.0%+12.3pp

Annual return

12.02%

15.58%-3.6pp

116.20%-104.2pp

34.26%-22.2pp

Employer contribution / active EE

$374

$4,580-91.8%

$3,168-88.2%

$3,038-87.7%

Participant deferral / active EE

$5,010

$6,655-24.7%

$5,013-0.1%

$5,090-1.6%

Admin fee / account holder

$145

$107+35.8%

$10,961-98.7%

$269-46.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 13

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Contract Administrator

$99,031

WORLD INVESTMENT ADVISORS LLC1 year

Service code 27

24 E COTA ST STE 200 · SANTA BARBARA, CA 93101

Advisory (Plan)

$46,449

FARBER HASS HURLEY LLP1 year

Service code 10

9301 OAKDALE AVE STE 230 · CHATSWORTH, CA 91311

Accounting

$15,000

PENSIONMARK FINANCIAL GROUP LLC8 years

Service code 27 · EIN 61-1758632

Advisory (Plan)

$14,469

FREDRICKSON AND BYRON1 year

Filed as: FREDRICKSON AND BYRON PA

Service code 99

200 SOUTH 6TH STREET, SUITE 4000 · MINNEAPOLIS, MN 55402

Other Fees

$3,441

JM EAGLE EMPLOYEES 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JM EAGLE EMPLOYEES 401K SAVINGS 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