Plan Ledger DOL Form 5500 · updated monthly

The Jackson Laboratory403(b)

JAX 403(B) RETIREMENT PLAN · BAR HARBOR, ME · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

The Jackson Laboratory reported $451,916 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $7,927 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 rose from 0.07% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 10th-largest of 354 plans among Maine employers on file, and the 300th of 11,654 in professional & technical services. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$602,801,239
Participants with balances3,960
Active participants2,667
Employer contributions$21,141,674
Employee contributions$22,233,928
Employer contribution per active participant$7,927
Average account balance$152,223
Benefits paid to participants$38,668,440
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$602.8M · 3,960 accts · $21.1M emplr
2023$525.5M · 4,034 accts · $18.4M emplr
2022$438.0M · 3,772 accts · $18.2M emplr
Employer contributions to the The Jackson Laboratory plan · 2024
Employer contribution per active participant$7,927
Median for plans this size$4,294
2024$7,927 per active participant
2023$6,714 per active participant
2022$7,022 per active participant

The Jackson Laboratory's 2024 employer contribution ran above the $4,294 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$264,596
VANGUARD ADVISERS INC. · Investment advisory (participants)$197,344

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$451,916 · 0.08%
2023$387,763 · 0.08%
2022$349,280 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Maine
Incyte Corporation DE$611.7M · 0.00%
Aci Worldwide Corp NE$611.6M · 0.02%
Veritas Technologies LLC CA$595.1M · 0.14%
Quarles & Brady LLP WI$594.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010211513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.