Plan Ledger DOL Form 5500 · updated monthly

Jordan Carriers, Inc.401(k)

JORDAN CARRIERS, INC. EMPLOYEES SAVINGS TRUST · NATCHEZ, MS · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Jordan Carriers, Inc. reported $26,188 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $855 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 0.63% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Mississippi (230th of 367), and 1,539th of 2,677 in transportation & warehousing. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 453 to 535 since 2022.

Plan summary
Net assets, end of year$5,741,902
Participants with balances165
Active participants535
Employer contributions$457,477
Employee contributions$862,462
Employer contribution per active participant$855
Average account balance$34,799
Benefits paid to participants$387,191
Plan auditUnmodified (clean) audit opinion
AuditorSILAS SIMMONS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 165 accts · $457K emplr
2023$3.8M · 137 accts · $305K emplr
2022$3.0M · 132 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,332
Investment management$15,856
Total administrative$26,188
The Jordan Carriers, Inc. 401(k) match · 2024
Employer contribution per active participant$855
Median for plans this size$1,313
2024$855 per active participant
2023$700 per active participant
2022$338 per active participant

Jordan Carriers, Inc.'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
JOHN HANCOCK · Recordkeeping · Investment advisory (participants)$11,143
EDWARD JONES · Investment advisory (plan)$14,231

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
2023John Hancock

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

Administrative cost history3
2024$26,188 · 0.55%
2023$69,549 · 2.04%
2022$18,911 · 0.63%
Same employer
Similar plansTransportation & Warehousing · Mississippi
Yak Access, LLC MS$21.9M · 0.07%
Golding Barge Line, Inc. MS$16.7M · 0.28%
Bluroc, LLC MS$10.4M · 0.15%
Royal Trucking Company MS$2.1M · 3.32%
Uniphar USA Inc. MS$1.6M · 0.01%
McH Transportation Co. MS$1.5M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640817788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.