Pennsylvania › Manufacturing › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Jep Management & Affiliates 401(k) Plan
Sponsored by Jep Management, Inc., Wynnewood, PA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Jep Management, Inc. of Wynnewood, Pennsylvania sponsors Jep Management & Affiliates 401(k) Plan, a 401(k) plan. Its Form 5500 for the plan year ending 31 Dec 2025 shows 570 participants (370 active) and $63.8M in net assets.
Net assets came to $103,150 per participant in plan year 2024, well above the $46,267 median for defined contribution plans with 500 to 999 participants and well above the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $1.4M during the year, or $3,655 per active participant against a same-size median of $1,934; participants contributed $2.7M and $22K arrived as rollovers and other contributions. Benefits paid out totalled $8.3M.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $35K: $62.21 per participant, well below the same-size median of $113. Administrative expenses charged to the plan were $46K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $27.9M in 2009 to $63.8M in 2025 (up 129%), and participants from 678 to 570 (down 16%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $103,150 | $46,267 | $62,303 | $53,102 |
| Employer contributions per active participant | $3,448 | $1,934 | $2,187 | $2,175 |
| Schedule C compensation per participant | $53.30 | $113 | $136 | $123 |
| Schedule C compensation, share of net assets | 0.05% | 0.25% | 0.24% | 0.26% |
| Administrative expenses per participant | $48.25 | $109 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 570 | $63.8M | $111,919 | $1.4M | $2.7M | $35K |
| 2024 | 565 | $58.3M | $103,150 | $1.3M | $2.6M | $30K |
| 2023 | 692 | $53.9M | $77,828 | $1.2M | $2.4M | $37K |
| 2022 | 684 | $45.9M | $67,054 | $1.1M | $2.1M | $42K |
| 2021 | 670 | $56.0M | $83,546 | $1.0M | $1.9M | $33K |
| 2020 | 652 | $53.2M | $81,627 | $988K | $1.8M | $43K |
| 2019 | 797 | $50.3M | $63,115 | $1.4M | $2.4M | $35K |
| 2018 | 719 | $44.6M | $62,032 | $1.3M | $2.3M | $45K |
| 2017 | 733 | $51.7M | $70,587 | $1.2M | $2.4M | $31K |
| 2016 | 692 | $44.2M | $63,890 | $1.1M | $2.1M | $25K |
| 2015 | 661 | $43.7M | $66,048 | $1.0M | $2.0M | $20K |
| 2014 | 653 | $45.4M | $69,562 | $1.0M | $1.9M | $20K |
| 2013 | 662 | $45.5M | $68,693 | $1.1M | $2.0M | $14K |
| 2012 | 685 | $40.1M | $58,477 | $1.1M | $2.0M | $8,000 |
| 2011 | 711 | $35.0M | $49,169 | $1.2M | $2.1M | $7,000 |
| 2010 | 702 | $34.6M | $49,339 | $1.1M | $2.0M | $6,000 |
| 2009 | 678 | $27.9M | $41,171 | $1.0M | $1.9M | $7,000 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$58,279,734
- Employer contributions$1,352,323
- Participant contributions$2,708,252
- Rollovers and other contributions$22,198
- Total contributions$4,082,773
- Total income, including investment results$13,865,964
- Benefits paid$8,286,990
- Administrative expenses$46,465
- Total expenses$8,351,441
- Net income$5,514,523
- Net transfers$0
- Net assets, end of year$63,794,257
Participants
- Active participants370
- Retired or separated, receiving benefits4
- Retired or separated, entitled to future benefits195
- Participants with account balances549
- Total participants, end of year570
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Strategic Advisers LLC | Investment advisory (plan) | $25,466 | $0 |
| Fidelity Investments Institutional | Participant loan processing | $9,996 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$25,466
- IQPA audit fees$11,003
- Recordkeeping fees$9,996
- Total administrative expenses$46,465
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$60.7M · 95.1%
- Common/collective trusts$1.3M · 2.1%
- Cash (interest and non-interest bearing)$1.3M · 2.0%
- Participant loans$550K · 0.9%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmMGS, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3HPlan sponsor(s) is (are) a member(s) of a controlled group3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 339900: Other Miscellaneous Mfg.
Similar plans in Pennsylvania
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| JTM Foods, LLC 401(k) Plan | JTM Foods, LLC | 571 | $5.8M | $10,179 |
| Forms & Surfaces Inc. 401(k) Profit Sharing Plan and Trust | Forms & Surfaces Inc. | 568 | $34.1M | $60,061 |
| Pennsylvania Steel Company, Inc. Profit Sharing 401(k) Plan | Pennsylvania Steel Company, Inc. | 574 | $27.7M | $48,290 |
| Arcelormittal Tubular Products Shelby LLC Savings Plan for Production and Maintenance Employees | Arcelormittal Tubular Products Shelby LLC | 560 | $46.8M | $83,660 |
| Retirement Savings and Investment Plan for Employees of Knouse Foods Cooperative, Inc. Collective Bargaining Units | Knouse Foods Cooperative, Inc. | 577 | $15.3M | $26,552 |
| United Steel Workers of America - Standard Steel, LLC 401(k) Plan | Standard Steel, LLC | 560 | $50.5M | $90,228 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is Jep Management & Affiliates 401(k) Plan?
570 participants at the end of the plan year ending 31 Dec 2025, of whom 370 were active employees, with net assets of $63,794,257. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Jep Management, Inc. contribute per participant?
The filing reports $1,352,323 in employer contributions for the year, which is $3,655 per active participant; the median for plans of the same type and size was $1,934 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $35,462 in compensation to service provider organisations, $62.21 per participant or 0.06% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $46,465. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Jep Management, Inc.. Recordkeeping or administration: Fidelity Investments Institutional. Investment advisory or management: Strategic Advisers LLC. The financial statements were audited by MGS, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 21 Aug 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 23-2589880, plan 001, received 21 Aug 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.