Plan Ledger DOL Form 5500 · updated monthly

Jesse Stutts, Inc.401(k)

JESSE STUTTS, INC. PROFIT SHARING PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Jesse Stutts, Inc. reported $72,640 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,347 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 0.61% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 325th-largest of 902 plans among Alabama employers on file, and the 2,183rd of 5,337 in construction. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 175 to 209 since 2022.

Plan summary
Net assets, end of year$17,935,870
Participants with balances221
Active participants209
Employer contributions$699,488
Employee contributions$922,697
Employer contribution per active participant$3,347
Average account balance$81,158
Benefits paid to participants$612,784
Plan auditUnmodified (clean) audit opinion
AuditorJAMISONMONEYFARMER PC
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 221 accts · $699K emplr
2023$15.0M · 190 accts · $473K emplr
2022$11.3M · 194 accts · $371K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,672
Investment management$36,284
Trustee / custodial$7,624
Total administrative$72,640
The Jesse Stutts, Inc. 401(k) match · 2024
Employer contribution per active participant$3,347
Median for plans this size$2,416
2024$3,347 per active participant
2023$2,671 per active participant
2022$2,117 per active participant

Jesse Stutts, Inc.'s 2024 employer contribution ran above 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 · 20241
AVANTAX RETIREMENT PLAN SERVICES · Recordkeeping · Consulting$72,640

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

Recordkeeper by year2
2024AVANTAX RETIREMENT PLAN SERVICES
2023AVANTAX RETIREMENT PLAN SERVICES

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

Administrative cost history3
2024$72,640 · 0.44%
2023$74,637 · 0.57%
2022$62,085 · 0.61%
Same employer
Similar plansConstruction · Alabama
Pose Group, Inc. AL$23.0M · 0.04%
McAbee Construction, Inc. AL$22.8M · 0.38%
Russell Lands, Inc. AL$20.6M · 0.53%
Airtek Construction Inc AL$19.3M · 0.63%
Gulf Equipment Corporation AL$14.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630723413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.