Plan Ledger DOL Form 5500 · updated monthly

Jones Bros. Dirt & Paving Contractors, Inc.401(k)

JONES BROS. DIRT & PAVING CONTRACTORS, INC. EMPLOYEES PROFIT SHARING PLAN · ODESSA, TX · plan year 2023

Reported admin expense ratio · 2023
0.82%

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

Jones Bros. Dirt & Paving Contractors, Inc. reported $53,537 in plan administrative expenses for 2023: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $909 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 has held roughly steady near 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,551st of 5,688), and 3,537th of 5,337 in construction. In 2023, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,250,318
Participants with balances214
Active participants220
Employer contributions$200,000
Employee contributions$602,058
Employer contribution per active participant$909
Average account balance$33,880
Benefits paid to participants$394,416
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.3M · 214 accts · $200K emplr
2022$5.8M · 210 accts · $203K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$53,537
Total administrative$53,537
The Jones Bros. Dirt & Paving Contractors, Inc. 401(k) match · 2023
Employer contribution per active participant$909
Median for plans this size$1,308
2023$909 per active participant
2022$989 per active participant

Jones Bros. Dirt & Paving Contractors, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,537
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$53,537 · 0.82%
2022$46,319 · 0.85%
Same employer
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Lutech Resources, Inc. TX$7.4M · 0.27%
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Supreme Roofing, LP TX$7.3M · 0.11%
Tri-State Electric, LTD TX$7.3M · 0.60%
Nexrev, LLC TX$7.2M · 0.81%
Casa Mechanical Services TX$7.1M · 0.02%
Scott Electric Co. TX$7.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751822146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.