Plan Ledger DOL Form 5500 · updated monthly

Justice Resource Institute401(k)

401(K) PLAN FOR EMPLOYEES OF JRI · NEEDHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Justice Resource Institute reported $111,995 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $311 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 3 years on file its reported administrative ratio has held roughly steady near 0.187%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 577th-largest of 2,726 plans among Massachusetts employers on file, and the 327th of 3,341 in other services. In 2024, employees put in $5.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,075,469
Participants with balances1,876
Active participants3,007
Employer contributions$936,664
Employee contributions$5,223,606
Employer contribution per active participant$311
Average account balance$34,688
Benefits paid to participants$3,294,800
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.1M · 1,876 accts · $937K emplr
2023$54.9M · 1,774 accts · $876K emplr
2022$44.0M · 1,684 accts · $873K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,759
Investment management$19,236
Total administrative$111,995
The Justice Resource Institute 401(k) match · 2024
Employer contribution per active participant$311
Median for plans this size$3,635
2024$311 per active participant
2023$298 per active participant
2022$309 per active participant

Justice Resource Institute's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20241
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$111,894

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$111,995 · 0.19%
2023$96,319 · 0.19%
2022$92,279 · 0.19%
All plans at this employer2
403(B) PLAN FOR EMPLOYEES OF JRI403(b)
401(K) PLAN FOR EMPLOYEES OF JRI401(k)
Same employer
Similar plansOther Services · Massachusetts
Unifirst Corporation MA$554.2M · 0.16%
Ultra Electronics Inc. MA$305.1M · 0.12%
City Year, Inc. MA$82.1M · 0.17%
Henley Enterprises, Inc. MA$53.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042526357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.