Plan Snapshot
- Plan Sponsor: Jackson Hewitt Tax Service INC.
- Sponsor EIN: 200779692
- Sponsor Address: 501 N. CATTLEMEN ROAD, SARASOTA, FL, 34232
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,532
- Total Assets: $72.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,532 | $72.3M | $0 | $0 |
| 2024 | 1,066 | $65.8M | $889,284 | $3.3M |
| 2023 | 454 | $60.9M | $1.0M | $3.7M |
| 2022 | 575 | $52.0M | $958,283 | $3.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ADVUS FINANCIAL PARTNERS | Investment Advisor | $65,918 | — | $65,918 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $64,552 | — | $64,552 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $11,888 | — | $11,888 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,358
- Estimated Expense Ratio: 0.197% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $7,817,446 | $11,888 | $300 | — | — |
| 2024 | $151,838 | $78,380 | — | — | — |
| 2023 | $164,474 | $75,480 | — | — | — |
| 2022 | $159,664 | $12,205 | — | — | — |