Plan Ledger DOL Form 5500 · updated monthly

Jefferson Homebuilders, Inc.401(k)

JEFFERSON HOMEBUILDERS, INC. EMPLOYEES' PROFIT SHARING PLAN · CULPEPER, VA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Jefferson Homebuilders, Inc. reported $199,680 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,636 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 0.42% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 429th-largest of 2,266 plans among Virginia employers on file, and the 2,761st of 13,661 in manufacturing. In 2024, the employer put in $1.87 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$60,224,594
Participants with balances662
Active participants455
Employer contributions$3,474,279
Employee contributions$1,856,234
Employer contribution per active participant$7,636
Average account balance$90,974
Benefits paid to participants$3,942,363
Plan auditUnmodified (clean) audit opinion
AuditorHANTZMON WIEBEL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$60.2M · 662 accts · $3.5M emplr
2023$52.8M · 632 accts · $3.3M emplr
2022$40.2M · 606 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$199,680
Total administrative$199,680
The Jefferson Homebuilders, Inc. 401(k) match · 2024
Employer contribution per active participant$7,636
Median for plans this size$3,635
2024$7,636 per active participant
2023$7,253 per active participant
2022$5,890 per active participant

Jefferson Homebuilders, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$197,634

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$199,680 · 0.35%
2023$186,061 · 0.40%
2022$151,426 · 0.42%
Same employer
Similar plansManufacturing · Virginia
Busch Consolidated, Inc. VA$62.5M · 0.14%
Cadence, Inc. VA$60.4M · 0.09%
Fortis Solutions Group, LLC VA$52.7M · 0.00%
Liqui-Box Corporation VA$51.8M · 0.08%
Superior Paving Corp. VA$47.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540921816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.