Plan Ledger DOL Form 5500 · updated monthly

J. F. Allen Company401(k)

J. F. ALLEN COMPANY 401(K) PROFIT SHARING PLAN · BUCKHANNON, WV · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

J. F. Allen Company reported $80,029 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $5,123 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 0.36% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 79th-largest of 265 plans among West Virginia employers on file, and the 2,044th of 5,337 in construction. In 2024, the employer put in $2.12 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,642,830
Participants with balances365
Active participants179
Employer contributions$917,070
Employee contributions$432,219
Employer contribution per active participant$5,123
Average account balance$53,816
Benefits paid to participants$484,245
Plan auditUnmodified (clean) audit opinion
AuditorTHE RODEHEAVER GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 365 accts · $917K emplr
2023$16.6M · 341 accts · $683K emplr
2022$13.8M · 321 accts · $646K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,029
Total administrative$80,029
The J. F. Allen Company 401(k) match · 2024
Employer contribution per active participant$5,123
Median for plans this size$2,416
2024$5,123 per active participant
2023$3,776 per active participant
2022$3,419 per active participant

J. F. Allen Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
EDWARD D JONES & CO LP · Investment advisory (plan)$33,495
METRO BENEFITS INC · Contract administrator$3,775

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$80,029 · 0.44%
2023$67,165 · 0.44%
2022$53,812 · 0.36%
Same employer
Similar plansConstruction · West Virginia
Kaley Group, Inc. WV$21.9M · 0.34%
Kanawha Stone Company, Inc. WV$20.8M · 0.53%
March-Westin Company, Inc. WV$19.2M · 0.15%
Anderson Excavating, LLC WV$5.3M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550328627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.