Plan Ledger DOL Form 5500 · updated monthly

Jenco, Inc.401(k)

JENCO, INC. 401(K) PLAN · SCOTTSDALE, AZ · plan year 2023

Reported admin expense ratio · 2023
0.93%

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

Jenco, Inc. reported $81,482 in plan administrative expenses for 2023: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,877 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 1 year on file its reported administrative ratio fell from 1.09% to 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is the 603rd-largest of 1,285 plans among Arizona employers on file, and 3,142nd of 5,337 in construction. In 2023, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 123 to 166 since 2022.

Plan summary
Net assets, end of year$9,652,831
Participants with balances220
Active participants166
Employer contributions$477,605
Employee contributions$807,728
Employer contribution per active participant$2,877
Average account balance$43,877
Benefits paid to participants$986,778
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $13K emplr
2023$9.7M · 220 accts · $478K emplr
2022$8.0M · 202 accts · $488K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$72,386
Investment management$4,389
Total administrative$81,482
The Jenco, Inc. 401(k) match · 2023
Employer contribution per active participant$2,877
Median for plans this size$1,308
2023$2,877 per active participant
2022$3,964 per active participant

Jenco, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)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
2024Not separately reported
2023$81,482 · 0.93%
2022$93,742 · 1.09%
Same employer
Similar plansConstruction · Arizona
Sunbelt Modular Inc. AZ$11.8M · 0.07%
The Rock Solid, Inc. AZ$11.5M · 0.13%
Buesing Corp. AZ$9.1M · 1.14%
Shasta Industries, Inc. AZ$8.2M · 0.34%
Kearney Electric, Inc. AZ$8.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271284759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.