Plan Ledger DOL Form 5500 · updated monthly

Jones Company, LLC401(k)

JONES COMPANIES RETIREMENT PLAN · HUMBOLDT, TN · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Jones Company, LLC reported $34,912 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,279 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (871st of 1,496), and 9,178th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 177 to 144 since 2022.

Plan summary
Net assets, end of year$9,111,414
Participants with balances143
Active participants144
Employer contributions$184,234
Employee contributions$380,965
Employer contribution per active participant$1,279
Average account balance$63,716
Benefits paid to participants$360,467
Plan auditUnmodified (clean) audit opinion
AuditorHORNE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 143 accts · $184K emplr
2023$7.7M · 163 accts · $165K emplr
2022$8.3M · 150 accts · $164K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,912
Total administrative$34,912
The Jones Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,279
Median for plans this size$1,313
2024$1,279 per active participant
2023$1,460 per active participant
2022$929 per active participant

Jones Company, LLC's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$34,912
WILSHIRE 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 history3
2024$34,912 · 0.42%
2023$32,112 · 0.40%
2022$33,713 · 0.40%
Similar plansManufacturing · Tennessee
Pandrol USA, LP TN$9.0M · 0.62%
Beene Holdings, Inc. TN$8.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621296826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.