Employers › J. M. Smucker
Recordkeeping fees per participant · The J.M. Smucker Company Employee Savings Plan · plan year 2024
$24.02
Higher than 31% of the 790 plans over $1B that report it.
= $256,844 / 10,691
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015120454NAL0009118834001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015120454NAL0009118834001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$37.02
Higher than 35% of the 1,045 plans over $1B that report it.
= $395,829 / 10,691
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015120454NAL0009118834001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015120454NAL0009118834001, received 2025-10-15
Administrative expenses per participant
$37.02
Higher than 18% of the 1,076 plans over $1B that report it.
= $395,829 / 10,691
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015120454NAL0009118834001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015120454NAL0009118834001, received 2025-10-15
Administrative expenses as a share of assets
0.027%
Higher than 26% of the 1,076 plans over $1B that report it.
= $395,829 / $1,473,257,988
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015120454NAL0009118834001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015120454NAL0009118834001, received 2025-10-15
Employer contributions per participant
$3,808
Higher than 51% of the 1,135 plans over $1B that report it.
= $40,711,062 / 10,691
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015120454NAL0009118834001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015120454NAL0009118834001, received 2025-10-15
Employer share of total contributions
41.0%
Higher than 77% of the 1,135 plans over $1B that report it.
= $40,711,062 / $99,271,910
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015120454NAL0009118834001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015120454NAL0009118834001, received 2025-10-15
Plan terms are described in The J. M. Smucker Company's SEC filings: Form 10-K filed 2026-06-09. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015120454NAL0009118834001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE J.M. SMUCKER COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Plan name | THE J.M. SMUCKER COMPANY EMPLOYEE SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Sponsor EIN / plan number | 34-0538550 / 011 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Sponsor location | ORRVILLE, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Industry (business code) | 311400, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Participants, beginning of year | 9,726 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Active participants | 7,886 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Participants, end of year | 10,964 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Participants with an account balance | 10,691 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Total assets, beginning of year | $1,273,661,081 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Total assets, end of year | $1,473,257,988 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Net assets, end of year | $1,473,257,988 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Total income | $276,923,064 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Net income | $125,846,678 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Employer contributions | $40,711,062 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Participant contributions | $51,468,116 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $7,092,732 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Total contributions | $99,271,910 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Benefit payments | $150,649,375 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $151,076,386 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Total administrative expenses | $395,829 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Recordkeeping fees | $256,844 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| IQPA audit fees | $26,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Administrative expenses excluding investment management | $395,829 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Held in common/collective trusts | $1,104,320,116 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Held in mutual funds | $92,527,597 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015120454NAL0009118834001, received 2025-10-15 |
| Independent auditor | MALONEY & NOVOTNY, LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015120454NAL0009118834001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015120454NAL0009118834001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $322,248 | yes |
| CURCIO WEBB, LLC | CONSULTANT | 16 Consulting (general) | $56,735 | no |
| AON INVESTMENTS USA INC. | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $45,000 | no |
| MALONEY NOVOTNY | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $26,000 | no |
| SEI INVESTMENTS | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $11,250 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015120454NAL0009118834001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,273,661,081 | $1,473,257,988 | 15.7% |
| Participants with a balance | 9,172 | 10,691 | 16.6% |
| Administrative expenses | $330,774 | $395,829 | 19.7% |
| Recordkeeping fees per participant | $25.19 | $24.02 | -4.6% |
| Employer contributions | $37,482,841 | $40,711,062 | 8.6% |
Prior filing 20241014155520NAL0054311986001, received 2024-10-14; the plan years are contiguous.
Sponsor name as filed: THE J.M. SMUCKER COMPANY; SEC registrant: J M SMUCKER Co (CIK 91419, matched by EIN; display name from the Form 10-K cover).