Plan Ledger DOL Form 5500 · updated monthly

Jefferson Southern Corporation401(k)

JEFFERSON SOUTHERN 401(K) PLAN · ROCKMART, GA · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Jefferson Southern Corporation reported $56,268 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $847 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 0.36% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,528th of 2,160), and 10,628th of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,098,023
Participants with balances338
Active participants295
Employer contributions$249,991
Employee contributions$552,958
Employer contribution per active participant$847
Average account balance$18,041
Benefits paid to participants$729,865
Plan auditUnmodified (clean) audit opinion
AuditorCLAUSELL & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 338 accts · $250K emplr
2023$5.4M · 414 accts · $241K emplr
2022$4.5M · 343 accts · $164K emplr
Administrative expenses, itemized · 2024
Investment management$56,268
Total administrative$56,268
The Jefferson Southern Corporation 401(k) match · 2024
Employer contribution per active participant$847
Median for plans this size$1,313
2024$847 per active participant
2023$853 per active participant
2022$596 per active participant

Jefferson Southern Corporation's 2024 employer contribution ran below the $1,313 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 · 20245
EMPOWER ANNUITY INSURANCE CO OF AME · Recordkeeping · Insurance services$33,547
FIRST PARTY ADMINISTRATOR LLC · Contract administrator$18,172
EVERHART FINANCIAL GROUP, INC. · Investment advisory (plan)$15,903
CLAUSELL & ASSOCIATES PC · Accounting / audit$15,685
EMPOWER ADVISORY GROUP · Investment management$87

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

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024$56,268 · 0.97%
2023$31,377 · 0.63%
2022$18,203 · 0.36%
Same employer
Similar plansManufacturing · Georgia
Swan Products LLC GA$6.5M · 0.96%
Sargent & Greenleaf, Inc. GA$6.2M · 0.44%
Ole Mexican Foods, Inc. GA$6.2M · 0.85%
Beauflor USA, LLC GA$5.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311722250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.