Plan Ledger DOL Form 5500 · updated monthly

Jackson Offshore Operators, LLC401(k)

JACKSON OFFSHORE OPERATORS, LLC RETIREMENT TRUST · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Jackson Offshore Operators, LLC reported $40,467 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $4,150 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. 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 Texas (3,041st of 5,688), and the 1,147th of 2,677 in transportation & warehousing. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 167 to 188 since 2022.

Plan summary
Net assets, end of year$10,168,884
Participants with balances185
Active participants188
Employer contributions$780,280
Employee contributions$1,547,320
Employer contribution per active participant$4,150
Average account balance$54,967
Benefits paid to participants$1,572,355
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 185 accts · $780K emplr
2023$8.3M · 189 accts · $704K emplr
2022$5.5M · 191 accts · $628K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,912
Investment management$35,555
Total administrative$40,467
The Jackson Offshore Operators, LLC 401(k) match · 2024
Employer contribution per active participant$4,150
Median for plans this size$1,313
2024$4,150 per active participant
2023$3,891 per active participant
2022$3,762 per active participant

Jackson Offshore Operators, LLC'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
EMPOWER ADVISORY GROUP, LLC · Investment management$35,555

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$40,467 · 0.44%
2023$30,549 · 0.44%
2022$20,806 · 0.42%
Same employer
Similar plansTransportation & Warehousing · Texas
Pate Trucking Company, LLC TX$10.5M · 0.78%
Hoyer Global USA Inc TX$10.3M · 0.42%
Hawthorne Fbo Holdings, LLC TX$10.2M · 0.05%
Rcl Wiring L.P. TX$10.0M · 0.25%
Palletized Trucking Inc. TX$9.6M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800717919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.