Plan Ledger DOL Form 5500 · updated monthly

Jmr Employees, LLC401(k)

JMR EMPLOYEES 401(K) PLAN · MIDLAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Jmr Employees, LLC reported $15,023 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,959 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (4,874th of 5,688), and 1,916th of 2,534 in administrative & support services. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,120,486
Participants with balances246
Active participants267
Employer contributions$522,920
Employee contributions$508,665
Employer contribution per active participant$1,959
Average account balance$8,620
Benefits paid to participants$244,537
Plan auditUnmodified (clean) audit opinion
AuditorWEAVER AND TIDWELL
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,023
Total administrative$15,023
The Jmr Employees, LLC 401(k) match · 2024
Employer contribution per active participant$1,959
Median for plans this size$1,313

Jmr Employees, LLC's 2024 employer contribution ran above 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 · 20243
ADP, INC. · Recordkeeping$2,751
ADP BROKER-DEALERindirect comp
KINGSWOOD WEALTH ADVISORS, LLC · Other servicesindirect comp

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

Administrative cost history1
2024$15,023 · 0.88%
Same employer
Similar plansAdministrative & Support Services · Texas
Ian Martin Pbc TX$2.1M · 0.61%
Tiger Sanitation, LLC TX$2.1M · 1.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921973961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.