Plan Ledger DOL Form 5500 · updated monthly

Jordan Timberlands, Inc.401(k)

JORDAN TIMBERLANDS, INC. 401(K)/PROFIT SHARING PLAN · MT. GILEAD, NC · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Jordan Timberlands, Inc. reported $114,704 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,051 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 0.70% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 506th-largest of 2,005 plans among North Carolina employers on file, and the 4,125th of 13,661 in manufacturing. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has shrunk from 621 to 477 since 2022.

Plan summary
Net assets, end of year$33,873,071
Participants with balances552
Active participants477
Employer contributions$978,102
Employee contributions$2,512,210
Employer contribution per active participant$2,051
Average account balance$61,364
Benefits paid to participants$2,882,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.9M · 552 accts · $978K emplr
2023$29.7M · 570 accts · $1.4M emplr
2022$25.9M · 697 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,704
Investment management$46,000
Total administrative$114,704
The Jordan Timberlands, Inc. 401(k) match · 2024
Employer contribution per active participant$2,051
Median for plans this size$2,416
2024$2,051 per active participant
2023$3,034 per active participant
2022$4,273 per active participant

Jordan Timberlands, Inc.'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 · 20242
MMA SECURITIES LLC · Investment advisory (plan)$46,000

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$114,704 · 0.36%
2023$127,412 · 0.46%
2022$192,774 · 0.70%
Similar plansManufacturing · North Carolina
Pine Hall Brick Co., Inc. NC$36.0M · 0.04%
Endura Products, Inc. NC$35.5M · 0.47%
US Conec LTD. NC$34.4M · 0.21%
U.S. Cotton, LLC NC$34.0M · 0.23%
Ccbcc Operations LLC NC$33.8M · 0.32%
Premier Magnesia LLC NC$33.0M · 0.10%
Kymera International NC$32.5M · 0.07%
H.W. Culp Lumber Company NC$31.9M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560688253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.