Plan Snapshot
- Plan Sponsor: Jan Co, INC.
- Sponsor EIN: 050318793
- Sponsor Address: 35 SOCKANOSSET CROSS ROAD, CRANSTON, RI, 02920
- Plan Type: 401(k)
- Total Participants: 368
- Total Assets: $7.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 368 | $7.0M | $56,397 | $270,187 |
| 2023 | 416 | $7.1M | $55,172 | $262,532 |
| 2022 | 417 | $6.6M | $51,470 | $222,822 |
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 |
|---|---|---|---|---|
| 1ST DISCOUNT BROKERAGE INC | Investment Advisor | — | $17,139 | $17,139 |
| THE ANGELL PENSION GROUP, INC. | Recordkeeper | $7,571 | — | $7,571 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,710
- Estimated Expense Ratio: 0.354% 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 |
|---|---|---|---|---|---|
| 2024 | $9,790 | — | $9,790 | — | — |
| 2023 | $7,189 | — | $7,189 | — | — |
| 2022 | $23,014 | — | $23,014 | — | — |