Plan Ledger DOL Form 5500 · updated monthly

Jessup Manufactured Housing, LLC401(k)

JESSUP MANUFACTURED HOUSING, LLC 401(K) PLAN · WACO, TX · plan year 2024

Reported admin expense ratio · 2024
2.39%

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

Jessup Manufactured Housing, LLC reported $96,202 in plan administrative expenses for 2024: 2.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $894 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 3 years on file its reported administrative ratio has held roughly steady near 2.39%. 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 Texas (4,211th of 5,688), and 11,513th of 13,661 in manufacturing. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,416,362
Participants with balances214
Active participants318
Employer contributions$284,278
Employee contributions$720,055
Employer contribution per active participant$894
Average account balance$20,637
Benefits paid to participants$664,511
Plan auditUnmodified (clean) audit opinion
AuditorPARK FOWLER & CO., PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 214 accts · $284K emplr
2023$3.6M · 221 accts · $162K emplr
2022$2.8M · 304 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,572
Investment management$14,257
Total administrative$96,202
The Jessup Manufactured Housing, LLC 401(k) match · 2024
Employer contribution per active participant$894
Median for plans this size$1,313
2024$894 per active participant
2023$776 per active participant
2022$1,124 per active participant

Jessup Manufactured Housing, LLC'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 · 20244
FIDELITY INVESTMENTS INSTITUTIOANL · Loan processing$42,944
ADMIN316 · Consulting$36,590
STRATEGIC WEALTH MANAGEMENT GROUP · Investment advisory (plan)$8,706
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,104

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$96,202 · 2.39%
2023$108,498 · 3.39%
2022$58,581 · 2.49%
Same employer
Similar plansManufacturing · Texas
Macrofab, Inc. TX$4.5M · 0.30%
Artco-Bell Corporation TX$4.4M · 0.99%
Endura Products Corp. TX$4.4M · 0.88%
Tyler Beverages, Inc. TX$4.4M · 0.09%
Conveyors, Inc TX$4.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823053731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.