Plan Ledger DOL Form 5500 · updated monthly

J-W Power Company401(k)

J-W POWER COMPANY EMPLOYEE PROFIT SHARING TRUST AND 401(K) PLAN · ADDISON, 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-W Power Company reported $135,426 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $8,029 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 0.11% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 557th-largest of 5,688 plans among Texas employers on file, and the 98th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$119,446,572
Participants with balances815
Active participants605
Employer contributions$4,857,665
Employee contributions$4,462,290
Employer contribution per active participant$8,029
Average account balance$146,560
Benefits paid to participants$12,581,110
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$119.4M · 815 accts · $4.9M emplr
2023$108.1M · 839 accts · $2.6M emplr
2022$92.3M · 793 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,733
Investment management$108,368
Audit (IQPA)$17,325
Total administrative$135,426
The J-W Power Company 401(k) match · 2024
Employer contribution per active participant$8,029
Median for plans this size$3,635
2024$8,029 per active participant
2023$4,399 per active participant
2022$4,353 per active participant

J-W Power Company's 2024 employer contribution ran above the $3,635 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 · 20244
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$69,351
EMPOWER ADVISORY GROUP, LLC · Investment management$39,017
MOSS ADAMS LLP · Accounting / audit$17,325

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$135,426 · 0.12%
2023$119,033 · 0.12%
2022$117,202 · 0.11%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Seadrill Americas Inc. TX$146.6M · 0.00%
Select Water Solutions, Inc. TX$126.2M · 0.23%
Chord Energy Corporation TX$122.2M · 0.14%
Tetra Technologies, Inc. TX$113.6M · 0.04%
Eni US Operating Co. Inc. TX$112.4M · 0.22%
Kosmos Energy, LLC TX$111.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752760629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.