Plan Ledger DOL Form 5500 · updated monthly

Jensen Enterprises, Inc. dba Jensen Precast401(k)

JENSEN PRECAST 401(K) PROFIT SHARING PLAN · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Jensen Enterprises, Inc. dba Jensen Precast reported $144,467 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $812 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 0.33% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 58th-largest of 437 plans among Nevada employers on file, and the 3,152nd of 13,661 in manufacturing. In 2024, employees put in $5.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,050,096
Participants with balances1,199
Active participants1,005
Employer contributions$816,111
Employee contributions$4,622,518
Employer contribution per active participant$812
Average account balance$41,743
Benefits paid to participants$4,215,682
Plan auditUnmodified (clean) audit opinion
AuditorBFBA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$50.1M · 1,199 accts · $816K emplr
2023$44.7M · 1,181 accts · $779K emplr
2022$38.9M · 1,181 accts · $715K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,467
Total administrative$144,467
The Jensen Enterprises, Inc. dba Jensen Precast 401(k) match · 2024
Employer contribution per active participant$812
Median for plans this size$2,416
2024$812 per active participant
2023$845 per active participant
2022$716 per active participant

Jensen Enterprises, Inc. dba Jensen Precast's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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

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$144,467 · 0.30%
2023$121,213 · 0.29%
2022$134,692 · 0.33%
Same employer
Similar plansManufacturing · Nevada
Hamilton Company NV$141.3M · 0.07%
Konami Gaming, Inc. NV$85.8M · 0.10%
Ags LLC NV$60.8M · 0.06%
Westfall Technik, Inc. NV$56.4M · 0.31%
Click Bond, Inc. NV$48.8M · 0.29%
Procaps Laboratories, Inc. NV$36.1M · 0.25%
May Manufacturing, LLC NV$27.5M · 0.24%
Bently Enterprises, LLC NV$26.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880115146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.