Plan Ledger DOL Form 5500 · updated monthly

L F Jennings Inc.401(k)

L. F. JENNINGS, INC. PROFIT SHARING PLAN · FALLS CHURCH, VA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

L F Jennings Inc. reported $139,676 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $4,881 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 0.19% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 323rd-largest of 2,266 plans among Virginia employers on file, and the 698th of 5,337 in construction. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$85,983,089
Participants with balances416
Active participants331
Employer contributions$1,615,558
Employee contributions$3,214,007
Employer contribution per active participant$4,881
Average account balance$206,690
Benefits paid to participants$8,249,831
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.0M · 416 accts · $1.6M emplr
2023$77.2M · 408 accts · $1.3M emplr
2022$61.1M · 412 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,375
Investment management$8,223
Total administrative$139,676
The L F Jennings Inc. 401(k) match · 2024
Employer contribution per active participant$4,881
Median for plans this size$3,635
2024$4,881 per active participant
2023$4,049 per active participant
2022$3,046 per active participant

L F Jennings Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
CAPFINANCIAL PARTNERS, LLC · Investment advisory (participants) · Investment advisory (plan)$91,078
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,375
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,223

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$139,676 · 0.17%
2023$135,008 · 0.20%
2022$133,842 · 0.19%
Same employer
Similar plansConstruction · Virginia
The Branch Group Inc VA$121.7M · 0.12%
Stanley Martin Homes, LLC VA$113.6M · 0.16%
William a. Hazel, Inc. VA$93.1M · 0.03%
Crc Companies L.L.C. VA$91.6M · 0.00%
Southern Air Inc. VA$70.2M · 0.12%
Damuth Services, Inc. VA$64.8M · 0.06%
W. M. Jordan Company, Inc. VA$64.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540545845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.