Plan Ledger DOL Form 5500 · updated monthly

Roy Jorgensen Associates, Inc.401(k)

ROY JORGENSEN ASSOCIATES, INC. RETIREMENT PLAN · BUCKEYSTOWN, MD · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Roy Jorgensen Associates, Inc. reported $2,168 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $632 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 0.006%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 423rd-largest of 1,671 plans among Maryland employers on file, and the 1,368th of 5,337 in construction. In 2024, employees put in $4.60 for every $1.00 the employer contributed; active participation has grown from 950 to 1,109 since 2022.

Plan summary
Net assets, end of year$35,350,342
Participants with balances1,345
Active participants1,109
Employer contributions$700,572
Employee contributions$3,222,888
Employer contribution per active participant$632
Average account balance$26,283
Benefits paid to participants$4,369,358
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 1,345 accts · $701K emplr
2023$31.9M · 1,276 accts · $763K emplr
2022$26.8M · 1,128 accts · $495K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,168
Total administrative$2,168
The Roy Jorgensen Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$632
Median for plans this size$2,416
2024$632 per active participant
2023$757 per active participant
2022$521 per active participant

Roy Jorgensen Associates, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
MORGAN STANLEY SMITH BARNEYindirect comp

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$2,168 · 0.01%
2023$1,738 · 0.01%
2022$1,781 · 0.01%
Same employer
Similar plansConstruction · Maryland
Daniel G. Schuster, LLC MD$40.1M · 0.25%
McLean Contracting Company MD$39.4M · 0.05%
Delaware Elevator, Inc. MD$37.0M · 0.59%
Electrico, Inc. MD$34.1M · 0.40%
The Foulger-Pratt Companies MD$32.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520850711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.