Plan Ledger DOL Form 5500 · updated monthly

Jake Marshall Service, Inc.401(k)

JAKE MARSHALL SERVICE, INC. 401(K) PROFIT SHARING PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Jake Marshall Service, Inc. reported $42,812 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $2,456 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 0.46% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Tennessee (875th of 1,496), and 1,741st of 3,341 in other services. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,082,796
Participants with balances135
Active participants110
Employer contributions$270,193
Employee contributions$384,356
Employer contribution per active participant$2,456
Average account balance$67,280
Benefits paid to participants$572,816
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 135 accts · $270K emplr
2023$8.0M · 129 accts · $264K emplr
2022$6.0M · 126 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,812
Total administrative$42,812
The Jake Marshall Service, Inc. 401(k) match · 2024
Employer contribution per active participant$2,456
Median for plans this size$1,313
2024$2,456 per active participant
2023$2,273 per active participant
2022$2,321 per active participant

Jake Marshall Service, 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
RAYMOND JAMES FINANCIAL SERVICESindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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$42,812 · 0.50%
2023$33,099 · 0.47%
2022$28,792 · 0.46%
Similar plansOther Services · Tennessee
Adventurous Journeys LLC TN$8.8M · 0.38%
Heritage Operating LLC TN$7.7M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621212159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.