Plan Ledger DOL Form 5500 · updated monthly

J.F. Edwards Construction Co.401(k)

J.F. EDWARDS CONSTRUCTION CO. 401(K) PROFIT SHARING PLAN · GENESEO, IL · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

J.F. Edwards Construction Co. reported $114,387 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,320 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 0.64% to 0.74%. 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 among the smaller plans on file in Illinois (1,951st of 3,702), and the 2,389th of 5,337 in construction. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 114 to 134 since 2022.

Plan summary
Net assets, end of year$15,637,723
Participants with balances170
Active participants134
Employer contributions$578,881
Employee contributions$1,263,552
Employer contribution per active participant$4,320
Average account balance$91,987
Benefits paid to participants$2,996,585
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON LOWER WHITLOW PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 170 accts · $579K emplr
2023$15.4M · 164 accts · $980K emplr
2022$12.7M · 129 accts · $583K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,437
Investment management$84,444
Audit (IQPA)$13,506
Total administrative$114,387
The J.F. Edwards Construction Co. 401(k) match · 2024
Employer contribution per active participant$4,320
Median for plans this size$2,416
2024$4,320 per active participant
2023$7,421 per active participant
2022$5,116 per active participant

J.F. Edwards Construction Co.'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 · 20246
ASCENSUS LLC · Recordkeeping$16,692
GOLDMAN SACHS · Investment advisory (plan)$43,135
GOLDMAN SACHS. · Investment advisory (plan)$20,654
ANDERSON, LOWER, WHITLOW, PC · Accounting / audit$13,506
UNITED CAPITAL FINANCIAL ADVS LLC · Investment advisory (plan)$11,282
UNITED CAPITAL FINANCIAL. · Investment advisory (plan)$9,372

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$114,387 · 0.74%
2023$76,974 · 0.55%
2022$86,030 · 0.64%
Similar plansConstruction · Illinois
Feldco Factory Direct, LLC IL$15.8M · 0.78%
Gar Construction, LLC IL$15.3M · 0.48%
Rose Paving, LLC IL$15.3M · 0.66%
Quad-County Ready Mix Corp. IL$15.2M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362483432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.