Plan Ledger DOL Form 5500 · updated monthly

Jacobs Technology Inc.401(k)

JACOBS TECHNOLOGY INC. EMPLOYEES' SAVINGS PLAN · HAMPTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Jacobs Technology Inc. reported $877,600 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $4,658 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 0.06% to 0.04%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 25th-largest of 2,266 plans among Virginia employers on file, and the 21st of 5,337 in construction. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has shrunk from 10,523 to 8,335 since 2022.

Plan summary
Net assets, end of year$2,166,715,000
Participants with balances18,364
Active participants8,335
Employer contributions$38,824,500
Employee contributions$92,253,700
Employer contribution per active participant$4,658
Average account balance$117,987
Benefits paid to participants$275,031,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2B · 18,364 accts · $38.8M emplr
2023$2.1B · 19,589 accts · $43.3M emplr
2022$1.8B · 19,270 accts · $45.7M emplr
The Jacobs Technology Inc. 401(k) match · 2024
Employer contribution per active participant$4,658
Median for plans this size$5,259
2024$4,658 per active participant
2023$4,192 per active participant
2022$4,346 per active participant

Jacobs Technology 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 · 20247
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$458,377
VANGUARD ADVISERS INC. · Investment advisory (participants)$196,561
IVINS PHILLIPS & BARKER · Legal$106,320
STATE STREET GLOBAL ADVISORS · Other services$54,563
ANGELES INVESTMENT ADVISORS, LLC · Investment advisory (plan)$53,286
ERNST & YOUNG US LLP · Accounting / audit$36,800
WILLIS TOWERS WATSON US LLC · Consulting$31,387

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$877,600 · 0.04%
2023$995,800 · 0.05%
2022$1,116,000 · 0.06%
All plans at this employer2
JACOBS TECHNOLOGY INC. EMPLOYEES' SAVINGS PLAN401(k)
IBEW LOCAL 1340 MAINTENANCE EMPLOYEES RETIREMENT FUND 401(K) PROFIT SHARING PLAN AND TRUST401(k)
Same employer
Similar plansConstruction · Virginia
Quanta Services Inc. TX$2.2B · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620510412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.