Plan Ledger DOL Form 5500 · updated monthly

Jones/Covey Group, Inc.401(k)

JONES/COVEY GROUP, INC. 401(K) PLAN · RANCHO CUCAMONGA, CA · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Jones/Covey Group, Inc. reported $21,404 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,812 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.

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 California (7,077th of 9,483), and 4,039th of 5,337 in construction. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,788,318
Participants with balances226
Active participants214
Employer contributions$601,873
Employee contributions$1,066,950
Employer contribution per active participant$2,812
Average account balance$21,187
Benefits paid to participants$96,337
Plan auditUnmodified (clean) audit opinion
AuditorMAURER, GRAF & RIVERA, LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,953
Investment management$10,451
Total administrative$21,404
The Jones/Covey Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,812
Median for plans this size$1,313

Jones/Covey Group, 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,340
UBS FINANCIAL SERVICES, INC. · Investment advisory (participants)$10,451

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

Recordkeeper by year2
2024John Hancock, Newport (Ascensus)
2023John Hancock, Newport (Ascensus)

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Administrative cost history1
2024$21,404 · 0.86%
All plans at this employer2
JONES/COVEY GROUP, INC. 401(K) PLAN401(k)
JONES/COVEY GROUP, INC. 401(K) PLAN401(k)
Same employer
Similar plansConstruction · California
T. McGee Electric, Inc CA$5.3M · 0.59%
Proven Management, Inc. CA$5.0M · 0.18%
Uci Construction, Inc. CA$4.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330972369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.