Jobe Materials, LP401(k)
JOBE MATERIALS, LP 401(K) PLAN · EL PASO, TX · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Jobe Materials, LP reported $171,437 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,596 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 0.99% to 0.94%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,057th-largest of 5,688 plans among Texas employers on file, and 311th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.38 for every $1.00 the employer contributed.
Jobe Materials, LP's 2024 employer contribution ran below 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 861133407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.