Plan Ledger DOL Form 5500 · updated monthly

Jorns & Associates LLC401(k)

JORNS & ASSOCIATES LLC 401(K) P/S PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
1.50%

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

Jorns & Associates LLC reported $19,308 in plan administrative expenses for 2024: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $10,538 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 1 year on file its reported administrative ratio rose from 0.47% to 1.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kansas (773rd of 828), and 11,034th of 11,654 in professional & technical services. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,558,068
Participants with balances97
Active participants40
Employer contributions$421,509
Employee contributions$609,530
Employer contribution per active participant$10,538
Average account balance$16,063
Benefits paid to participants$1,276,389
Plan auditUnmodified (clean) audit opinion
AuditorPICKETT, CHANEEY & MCMULLEN LLP
Plan history2
Yearassets · accounts · employer contribution
2024$1.6M · 97 accts · $422K emplr
2023$1.0M · 181 accts · $367K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,899
Investment management$8,024
Total administrative$19,308
The Jorns & Associates LLC 401(k) match · 2024
Employer contribution per active participant$10,538
Median for plans this size$1,313
2024$10,538 per active participant
2023$2,097 per active participant

Jorns & Associates LLC'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 · 20243
PAI · Contract administrator · Recordkeeping$1,997
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$8,024

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

Recordkeeper by year2
2024PAI
2023PAI

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

Administrative cost history2
2024$19,308 · 1.50%
2023$4,756 · 0.47%
Similar plansProfessional & Technical Services · Kansas
Digital Ally, Inc. KS$3.6M · 0.80%
Saicon Consultants, Inc. KS$3.1M · 0.02%
Menufy.com, LLC. KS$1.5M · 0.18%
U S Stone Industries LLC KS$1.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871515525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.