Plan Ledger DOL Form 5500 · updated monthly

Jq Engineering, LLP401(k)

JQ ENGINEERING RETIREMENT PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.57%

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

Jq Engineering, LLP reported $57,753 in plan administrative expenses for 2023: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,963 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 has held roughly steady near 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,008th of 5,688), and 7,899th of 11,654 in professional & technical services. In 2023, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,310,615
Participants with balances145
Active participants92
Employer contributions$364,603
Employee contributions$710,515
Employer contribution per active participant$3,963
Average account balance$71,108
Benefits paid to participants$2,160,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $30K emplr
2023$10.3M · 145 accts · $365K emplr
2022$9.8M · 139 accts · $287K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,760
Investment management$30,993
Total administrative$57,753
The Jq Engineering, LLP 401(k) match · 2023
Employer contribution per active participant$3,963
Median for plans this size$2,440
2023$3,963 per active participant
2022$3,422 per active participant

Jq Engineering, LLP's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ISC ADVISORS INC · Investment advisory (plan)$24,646
NOVA 401(K) ASSOCIATES · Contract administrator$1,500

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

Administrative cost history3
2024Not separately reported
2023$57,753 · 0.57%
2022$59,276 · 0.56%
Similar plansProfessional & Technical Services · Texas
Stratum Reservoir LLC TX$10.6M · 0.05%
Cg Infinity, Inc. TX$10.4M · 0.05%
IT Convergence TX$10.3M · 0.49%
Ne Construction LLP TX$10.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752796474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.