Plan Ledger DOL Form 5500 · updated monthly

J.L. Carr Enterprises, Inc.401(k)

J.L. CARR ENTERPRISES, INC. 401(K) RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

J.L. Carr Enterprises, Inc. reported $18,189 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,133 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 fell from 0.14% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,235th-largest of 5,688 plans among Texas employers on file, and 2,147th of 4,246 in wholesale trade. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 140 to 229 since 2022.

Plan summary
Net assets, end of year$17,132,185
Participants with balances192
Active participants229
Employer contributions$946,376
Employee contributions$2,261,675
Employer contribution per active participant$4,133
Average account balance$89,230
Benefits paid to participants$550,107
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 192 accts · $946K emplr
2023$12.4M · 175 accts · $747K emplr
2022$7.5M · 142 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,267
Investment management$13,197
Total administrative$18,189
The J.L. Carr Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$4,133
Median for plans this size$2,416
2024$4,133 per active participant
2023$3,951 per active participant
2022$2,243 per active participant

J.L. Carr Enterprises, Inc.'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 · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$13,172
NOVA 401(K) ASSOCIATES · Other servicesindirect comp

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$18,189 · 0.12%
2023$17,315 · 0.17%
2022$10,314 · 0.14%
Similar plansWholesale Trade · Texas
McCoy-Rockford, Inc. TX$17.6M · 0.40%
Jet Specialty, Inc. TX$17.5M · 0.24%
1155-55H Partners, LLC TX$17.5M · 0.08%
Intergulf Corporation TX$17.3M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460921129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.