Plan Ledger DOL Form 5500 · updated monthly

J B Poindexter & Co401(k)

JBP CO. , INC. 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

J B Poindexter & Co reported $568,329 in plan administrative expenses for 2024: 0.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,419 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 0.17% to 0.22%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 312th-largest of 5,688 plans among Texas employers on file, and the 916th of 13,661 in manufacturing. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 6,921 to 7,997 since 2022.

Plan summary
Net assets, end of year$275,306,065
Participants with balances9,181
Active participants7,997
Employer contributions$11,347,006
Employee contributions$26,812,549
Employer contribution per active participant$1,419
Average account balance$29,987
Benefits paid to participants$44,134,065
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$275.3M · 9,181 accts · $11.3M emplr
2023$245.8M · 12,028 accts · $10.7M emplr
2022$201.4M · 11,043 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$370,703
Investment management$62,500
Total administrative$568,329
The J B Poindexter & Co 401(k) match · 2024
Employer contribution per active participant$1,419
Median for plans this size$4,294
2024$1,419 per active participant
2023$1,430 per active participant
2022$1,256 per active participant

J B Poindexter & Co's 2024 employer contribution ran below the $4,294 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 · 20242
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$62,500

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

Administrative cost history3
2024$568,329 · 0.22%
2023$375,040 · 0.17%
2022$348,703 · 0.17%
Same employer
Similar plansManufacturing · Texas
Overhead Door Corporation TX$293.4M · 0.16%
Airborn, Inc. TX$291.1M · 0.05%
Shpp US LLC TX$288.5M · 0.01%
Lhoist North America, Inc. TX$281.3M · 0.14%
Shintech Incorporated TX$268.0M · 0.10%
Silicon Laboratories Inc. TX$265.2M · 0.07%
Lhoist North America, Inc. TX$260.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760312814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.