Plan Ledger DOL Form 5500 · updated monthly

J. L. Culpepper & Company, Inc.401(k)

RRS FOODSERVICE 401(K) AND PROFIT SHARING PLAN · ASHLAND, VA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

J. L. Culpepper & Company, Inc. reported $42,132 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $2,558 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 has held roughly steady near 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Virginia (1,575th of 2,266), and the 1,269th of 2,677 in transportation & warehousing. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,309,319
Participants with balances133
Active participants113
Employer contributions$289,089
Employee contributions$509,194
Employer contribution per active participant$2,558
Average account balance$62,476
Benefits paid to participants$502,726
Plan auditUnmodified (clean) audit opinion
AuditorBROWN EDWARDS & COMPANY INC.
Plan history2
Yearassets · accounts · employer contribution
2024$8.3M · 133 accts · $289K emplr
2023$7.3M · 138 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,158
Investment management$22,974
Total administrative$42,132
The J. L. Culpepper & Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,558
Median for plans this size$1,313
2024$2,558 per active participant
2023$2,643 per active participant

J. L. Culpepper & Company, Inc.'s 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK · Recordkeeping · Loan processing$19,551
BENEFIT FIDUCIARY GROUP LLC · Investment advisory (plan)$22,581

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 history2
2024$42,132 · 0.54%
2023$35,001 · 0.52%
Same employer
Similar plansTransportation & Warehousing · Virginia
Norfolk Tug Company VA$13.8M · 0.46%
Interchange Group, Inc. VA$9.8M · 0.36%
Avmac, LLC VA$7.8M · 0.30%
Urgent.Ly Inc. VA$7.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540582703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.