Brown Jordan Inc. 401(k) Review & Grade
Brown Jordan Inc. 401(k) Plan
ST. Augustine, FLManufacturing560 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,551Employer $ per active participant
$4,052Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$39.1MNet plan assets, end of year
$53,468Average balance per account
Score breakdown
- Employer generosity15.9 / 5032th percentile for employer $ per participant
- Low cost11.7 / 2547th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1538th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 32th |
| Lower admin cost | 47th |
| Employee saving | 38th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $28,297 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Brown Jordan put in about $1,551 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $867,717 |
| Participant (employee) contributions | $2,266,992 |
| Other contributions (incl. rollovers in) | $501,084 |
| Administrative expenses paid from the plan | $97,258 |
| Investment advisory & management fees | $43,681 |
| Benefits paid out | $6,034,022 |
| Net assets, start / end of year | $37.8M / $39.1M |
| Active participants, start / end of year | 601 / 518 |
| Participants with account balances | 732 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Highlands Accounting Group, Inc |
Largest service providers (Schedule C)
| Mercer (US) Inc | $43,681 reported compensation |
| Schwab Retirement Plan Services,inc | $42,502 reported compensation |
| The Highlands Accounting Group | $11,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250829110537NAL0006170003001, received 2025-08-29, EIN 63-1127982, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.