Plan Ledger DOL Form 5500 · updated monthly

John R. Jurgensen & Associated Companies401(k)

PHR 401(K) PLAN FOR HOURLY EMPLOYEES · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

John R. Jurgensen & Associated Companies reported $28,601 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,343 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 rose from 0.15% to 0.17%. 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 1,425th-largest of 3,295 plans among Ohio employers on file, and the 2,168th of 5,337 in construction. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 241 to 283 since 2022.

Plan summary
Net assets, end of year$18,144,038
Participants with balances315
Active participants283
Employer contributions$663,084
Employee contributions$1,233,425
Employer contribution per active participant$2,343
Average account balance$57,600
Benefits paid to participants$2,315,266
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 315 accts · $663K emplr
2023$16.5M · 272 accts · $610K emplr
2022$13.4M · 258 accts · $539K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,257
Total administrative$28,601
The John R. Jurgensen & Associated Companies 401(k) match · 2024
Employer contribution per active participant$2,343
Median for plans this size$2,416
2024$2,343 per active participant
2023$2,374 per active participant
2022$2,238 per active participant

John R. Jurgensen & Associated Companies'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.

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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,257
CERITY PARTNERS LLC · Consulting$8,344

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$28,601 · 0.17%
2023$23,716 · 0.16%
2022$22,330 · 0.15%
Similar plansConstruction · Ohio
Lifestyle Communities, LTD. OH$18.8M · 0.40%
Fortney & Weygandt, Inc. OH$18.6M · 0.30%
Settle Muter Electric OH$18.2M · 0.42%
Melway Group, Inc. OH$18.1M · 0.35%
The Cafaro Company OH$17.8M · 0.46%
Bohl Companies OH$17.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350844079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.