Jako Enterprises, LLC 401(k) Review & Grade
Jako Enterprises, LLC 401(k) Profit Sharing Plan
Philadelphia, PARetail Trade4,282 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$224Employer $ per active participant
$383Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$15.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity8.5 / 5017th percentile for employer $ per participant
- Low cost8.0 / 2532th percentile for low admin cost vs. same-size plans
- Employee saving0.4 / 153th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score20 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 17th |
| Lower admin cost | 32th |
| Employee saving | 3th |
| Peers that auto-enroll | 42% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Jako Enterprises put in about $224 per active participant, below the typical peer ($650). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.22% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $958,793 |
| Participant (employee) contributions | $1,638,649 |
| Other contributions (incl. rollovers in) | $539,732 |
| Administrative expenses paid from the plan | $29,928 |
| Benefits paid out | $2,160,151 |
| Net assets, start / end of year | $12.3M / $15.5M |
| Active participants, start / end of year | 3,136 / 5,428 |
| Participants with account balances | 526 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Belfintlyonsshuman |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $19,898 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014143907NAL0006373266001, received 2025-10-14, EIN 22-3806236, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.