Plan Ledger DOL Form 5500 · updated monthly

Jones & Demille Engineering, Inc.401(k)

J & D 401(K) RETIREMENT PLAN · RICHFIELD, UT · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Jones & Demille Engineering, Inc. reported $32,881 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,681 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 0.21% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Utah (444th of 848), and 7,818th of 11,654 in professional & technical services. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,580,563
Participants with balances168
Active participants152
Employer contributions$407,528
Employee contributions$783,163
Employer contribution per active participant$2,681
Average account balance$62,980
Benefits paid to participants$1,027,267
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 168 accts · $408K emplr
2023$9.2M · 188 accts · $280K emplr
2022$7.4M · 154 accts · $237K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,112
Investment management$8,769
Total administrative$32,881
The Jones & Demille Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$2,681
Median for plans this size$1,313
2024$2,681 per active participant
2023$1,815 per active participant
2022$1,632 per active participant

Jones & Demille Engineering, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20245
ADP, INC. · Loan processing · Recordkeeping$6,198
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$5,128
ACEC RETIREMENT TRUST$7,800
EMPOWER ADVISORY GROUP, LLC · Investment management$4,764

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$32,881 · 0.33%
2023$20,460 · 0.25%
2022$17,111 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Utah
Caselle, Inc. UT$12.4M · 0.51%
Elementum LTD UT$11.9M · 0.06%
Infotrax Systems UT$11.6M · 0.21%
Elementum Scm, Inc. UT$11.3M · 0.00%
Dental Intelligence, Inc. UT$10.6M · 0.86%
Executech Utah, LLC UT$10.4M · 0.74%
Consultnet, LLC UT$10.2M · 0.70%
Wsrp, LLC UT$10.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870377962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.