Plan Snapshot
- Plan Sponsor: Jay Industries, INC.
- Sponsor EIN: 340671371
- Sponsor Address: 150 EAST LONGVIEW AVENUE, MANSFIELD, OH, 44903
- Plan Type: 401(k)
- Total Participants: 646
- Total Assets: $13.6M
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. |
|---|---|---|---|---|
| 2024 | 646 | $13.6M | $230,886 | $650,675 |
| 2023 | 688 | $11.0M | $205,800 | $557,816 |
| 2022 | 681 | $17.9M | $227,511 | $1.1M |
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 |
|---|---|---|---|---|
| AMERIPRISE FINANCIAL SERVICES INC | Investment Advisor | $26,228 | — | $26,228 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $26,228 | — | $26,228 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES INC — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,456
- Estimated Expense Ratio: 0.387% 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 | $26,228 | $24,935 | — | — | — |
| 2023 | $46,502 | $31,946 | — | $12,600 | — |
| 2022 | $45,974 | — | — | — | — |