Plan Ledger DOL Form 5500 · updated monthly

James Marine, Inc.401(k)

JAMES MARINE, INC./PADUCAH RIVER SERVICE 401(K) RETIREMENT PLAN. · PADUCAH, KY · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

James Marine, Inc. reported $92,998 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,692 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 0.26% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 213th-largest of 871 plans among Kentucky employers on file, and the 529th of 2,677 in transportation & warehousing. In 2024, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,306,233
Participants with balances330
Active participants398
Employer contributions$673,343
Employee contributions$1,809,511
Employer contribution per active participant$1,692
Average account balance$97,898
Benefits paid to participants$2,579,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.3M · 330 accts · $673K emplr
2023$28.8M · 330 accts · $599K emplr
2022$24.1M · 373 accts · $563K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,230
Investment management$58,768
Total administrative$92,998
The James Marine, Inc. 401(k) match · 2024
Employer contribution per active participant$1,692
Median for plans this size$2,416
2024$1,692 per active participant
2023$1,641 per active participant
2022$1,481 per active participant

James Marine, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
EDWARD JONES · Recordkeeping · Trustee$58,768
ADP, INC. · Loan processing · Recordkeeping$34,230
MESIROW FINANCIAL INVESTMENT MANAGE · Loan processingindirect comp

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

Recordkeeper by year2
2024ADP, Edward Jones
2023ADP, Edward Jones

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

Administrative cost history3
2024$92,998 · 0.30%
2023$72,382 · 0.27%
2022$69,730 · 0.26%
Same employer
Similar plansTransportation & Warehousing · Kentucky
Crounse Corporation KY$48.3M · 0.22%
Verst Group Logistics KY$39.9M · 0.41%
P&L Transportation, Inc. KY$19.1M · 0.56%
Paschall Truck Lines, Inc KY$12.8M · 1.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610526973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.