Plan Ledger DOL Form 5500 · updated monthly

Bill Jacobs Motorsport Holdings, Inc.401(k)

BILL JACOBS COMPANIES SECTION 401(K) PLAN · NAPERVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.38%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Bill Jacobs Motorsport Holdings, Inc. reported $50,995 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $732 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,038th of 3,702), and the 1,960th of 5,215 in retail trade. In 2024, employees put in $9.79 for every $1.00 the employer contributed; active participation has shrunk from 256 to 221 since 2022.

Plan summary
Net assets, end of year$14,462,497
Participants with balances247
Active participants221
Employer contributions$161,878
Employee contributions$1,585,212
Employer contribution per active participant$732
Average account balance$58,553
Benefits paid to participants$1,384,925
Plan auditUnmodified (clean) audit opinion
AuditorHHM CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 247 accts · $162K emplr
2023$12.2M · 238 accts · $155K emplr
2022$10.1M · 370 accts · $147K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,852
Investment management$26,143
Total administrative$50,995
The Bill Jacobs Motorsport Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$732
Median for plans this size$2,416
2024$732 per active participant
2023$700 per active participant
2022$575 per active participant

Bill Jacobs Motorsport Holdings, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JOHN HANCOCK · Recordkeeping · Investment advisory (participants)$26,019
CREATIVE PLANNING · Investment advisory (plan)$13,200
MESIROW FINANCIAL · Investment advisory (plan)$11,775

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,995 · 0.38%
2023$36,496 · 0.33%
2022$6,200 · 0.06%
Same employer
Similar plansRetail Trade · Illinois
Murgado Motor Werks LLC IL$14.9M · 0.07%
Raymond Chevrolet, Inc. IL$14.9M · 0.44%
Highland Park Motors, Inc. IL$14.9M · 0.04%
Levy-Rosen, LLC IL$14.4M · 0.79%
Napleton Auto Werks IL$14.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363462757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.