Plan Ledger DOL Form 5500 · updated monthly

The Jones Company401(k)

THE JONES COMPANY PROFIT SHARING PLAN · WAYCROSS, GA · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

The Jones Company reported $11,580 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,287 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 0.03% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Georgia (1,174th of 2,160), and the 2,429th of 5,215 in retail trade. In 2023, employees put in $3.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,106,985
Participants with balances184
Active participants157
Employer contributions$201,997
Employee contributions$728,078
Employer contribution per active participant$1,287
Average account balance$60,364
Benefits paid to participants$920,384
Plan auditUnmodified (clean) audit opinion
AuditorSYMPHONA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 159 accts · $205K emplr
2023$11.1M · 184 accts · $202K emplr
2022$9.7M · 189 accts · $181K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,003
Investment management$2,304
Total administrative$11,580
The The Jones Company 401(k) match · 2023
Employer contribution per active participant$1,287
Median for plans this size$2,440
2024$1,220 per active participant
2023$1,287 per active participant
2022$1,217 per active participant

The Jones Company's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK · Recordkeeping$5,003
WELLS FARGO · Investment advisory (participants)$2,304

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$79,484 · 0.72%
2023$11,580 · 0.11%
2022$2,724 · 0.03%
Same employer
Similar plansRetail Trade · Georgia
Belnick, Inc. GA$12.3M · 0.34%
Edible Arrangements, LLC GA$9.1M · 0.29%
Day's Chevrolet Inc. GA$9.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581484387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.