Plan Snapshot
- Plan Sponsor: Jedson Engineering, INC.
- Sponsor EIN: 311745802
- Sponsor Address: ONE CENTENNIAL PLAZA, CINCINNATI, OH, 45202
- Plan Type: 401(k)
- Total Participants: 327
- Total Assets: $38.9M
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 | 327 | $38.9M | $1.4M | $3.7M |
| 2023 | 235 | $28.1M | $1.1M | $2.7M |
| 2022 | 190 | $20.9M | $824,851 | $2.1M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SRVCS | RETAINED BY EMPLOYER | $33,958 | — | $33,958 |
| GLOBAL RETIREMENT PARTNERS, LLC | RETAINED BY EMPLOYER | $20,000 | — | $20,000 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SRVCS — RETAINED BY EMPLOYER
- GLOBAL RETIREMENT PARTNERS, LLC — RETAINED BY EMPLOYER
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,958
- Estimated Expense Ratio: 0.139% 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 | $53,958 | $20,000 | $33,958 | — | — |
| 2023 | $44,500 | $20,000 | $24,500 | — | — |
| 2022 | $39,927 | $20,000 | $19,927 | — | — |