Plan Ledger DOL Form 5500 · updated monthly

Jon M. Hall Company, LLC401(k)

JON M. HALL COMPANY, LLC 401(K) PLAN · SANFORD, FL · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Jon M. Hall Company, LLC reported $43,591 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $601 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 0.80% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,194th of 3,644), and 3,620th of 5,337 in construction. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has grown from 325 to 360 since 2022.

Plan summary
Net assets, end of year$6,793,848
Participants with balances161
Active participants360
Employer contributions$216,440
Employee contributions$590,852
Employer contribution per active participant$601
Average account balance$42,198
Benefits paid to participants$424,249
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 161 accts · $216K emplr
2023$5.5M · 152 accts · $199K emplr
2022$4.2M · 173 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,865
Investment management$1,726
Total administrative$43,591
The Jon M. Hall Company, LLC 401(k) match · 2024
Employer contribution per active participant$601
Median for plans this size$1,313
2024$601 per active participant
2023$692 per active participant
2022$758 per active participant

Jon M. Hall Company, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
EMPOWER ADVISORY GROUP, LLC · Investment management$1,726
LPL FINANCIAL LLCindirect comp

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$43,591 · 0.71%
2023$35,532 · 0.73%
2022$32,483 · 0.80%
Same employer
Similar plansConstruction · Florida
Edmonson Electric, Inc. FL$7.1M · 0.72%
Southeast Mechanical FL$7.0M · 0.72%
Americaribe, LLC. FL$6.6M · 0.08%
Bates Electric, Inc. FL$6.5M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591748765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.