Plan Ledger DOL Form 5500 · updated monthly

Jabil, Inc.401(k)

JABIL 401(K) RETIREMENT PLAN · ST. PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Jabil, Inc. reported $691,138 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $3,200 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 0.063% to 0.058%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 38th-largest of 3,644 plans among Florida employers on file, and the 262nd of 13,661 in manufacturing. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 9,601 to 10,610 since 2022.

Plan summary
Net assets, end of year$1,264,868,454
Participants with balances14,834
Active participants10,610
Employer contributions$33,955,139
Employee contributions$61,851,029
Employer contribution per active participant$3,200
Average account balance$85,268
Benefits paid to participants$147,267,826
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 14,834 accts · $34.0M emplr
2023$1.1B · 13,400 accts · $31.4M emplr
2022$978.5M · 13,069 accts · $29.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$691,138
Total administrative$691,138
The Jabil, Inc. 401(k) match · 2024
Employer contribution per active participant$3,200
Median for plans this size$5,259
2024$3,200 per active participant
2023$3,214 per active participant
2022$3,075 per active participant

Jabil, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size. 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$691,113

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$691,138 · 0.06%
2023$668,023 · 0.06%
2022$678,133 · 0.06%
Same employer
Similar plansManufacturing · Florida
L3HARRIS Technologies, Inc. FL$16.3B · 0.02%
Adt LLC FL$1.5B · 0.07%
Heico Corporation FL$1.0B · 0.03%
Carrier Global Corporation FL$997.7M · 0.18%
The Mosaic Company FL$853.2M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381886260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.