Plan Ledger DOL Form 5500 · updated monthly

Jnj Express Inc.401(k)

JNJ EXPRESS INC. 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Jnj Express Inc. reported $49,777 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,865 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 1.40% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Tennessee (1,057th of 1,496), and 1,603rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,212,153
Participants with balances217
Active participants218
Employer contributions$406,497
Employee contributions$824,805
Employer contribution per active participant$1,865
Average account balance$24,019
Benefits paid to participants$964,521
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 217 accts · $406K emplr
2023$4.5M · 226 accts · $413K emplr
2022$3.5M · 256 accts · $466K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,647
Investment management$3,015
Trustee / custodial$2,115
Total administrative$49,777
The Jnj Express Inc. 401(k) match · 2024
Employer contribution per active participant$1,865
Median for plans this size$1,313
2024$1,865 per active participant
2023$1,796 per active participant
2022$2,128 per active participant

Jnj Express Inc.'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 · 20241
THE RETIREMENT PLAN COMPANY$44,646

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$49,777 · 1.02%
2023$47,785 · 1.19%
2022$46,129 · 1.40%
Same employer
Similar plansTransportation & Warehousing · Tennessee
McT Group, LLC TN$5.6M · 2.80%
Wepfer Marine, Inc. TN$5.6M · 0.64%
First Express, Inc. TN$5.0M · 0.68%
Nationwide Express, Inc. TN$4.9M · 0.27%
Empire Express, Inc. TN$4.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621518735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.