Plan Ledger DOL Form 5500 · updated monthly

Jones Bros Contractors, LLC401(k)

JONES BROS. 401(K) PLAN · MT JULIET, TN · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Jones Bros Contractors, LLC reported $141,090 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,762 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 0.92%. 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 607th-largest of 1,496 plans among Tennessee employers on file, and the 2,206th of 5,337 in construction. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 538 to 668 since 2022.

Plan summary
Net assets, end of year$17,672,437
Participants with balances616
Active participants668
Employer contributions$1,176,917
Employee contributions$1,646,615
Employer contribution per active participant$1,762
Average account balance$28,689
Benefits paid to participants$1,046,951
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 616 accts · $1.2M emplr
2023$13.1M · 557 accts · $1.1M emplr
2022$11.2M · 490 accts · $959K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,090
Total administrative$141,090
The Jones Bros Contractors, LLC 401(k) match · 2024
Employer contribution per active participant$1,762
Median for plans this size$2,416
2024$1,762 per active participant
2023$1,961 per active participant
2022$1,783 per active participant

Jones Bros Contractors, LLC'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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$70,691
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$13,514
EFINANCIAL ALLIANCE, LLC · Investment advisory (plan)$72,628

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$141,090 · 0.92%
2023$113,272 · 0.93%
2022$112,151 · 0.99%
Same employer
Similar plansConstruction · Tennessee
Signal Energy, LLC TN$18.0M · 0.46%
Summers-Taylor, Inc TN$16.5M · 0.19%
Ford Construction Company TN$14.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621624149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.