Jacobs Technology, Inc. 401(k) Review & Grade
Jacobs Technology Inc. Employees' Savings Plan
Tullahoma, TNProfessional, Scientific & Technical Services9,330 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,161Employer $ per active participant
$9,887Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$2.2BNet plan assets, end of year
$117,987Average balance per account
Score breakdown
- Employer generosity33.9 / 5068th percentile for employer $ per participant
- Low cost20.8 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1553th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 83th |
| Employee saving | 53th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $17,400 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Jacobs Technology put in about $4,161 per active participant, more than the typical peer ($2,951). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- 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 | $38,824,500 |
| Participant (employee) contributions | $92,253,700 |
| Other contributions (incl. rollovers in) | $17,416,200 |
| Administrative expenses paid from the plan | $877,600 |
| Other admin expenses | $877,600 |
| Benefits paid out | $275,031,000 |
| Net assets, start / end of year | $2.1B / $2.2B |
| Active participants, start / end of year | 10,326 / 8,335 |
| Participants with account balances | 18,364 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $458,377 reported compensation |
| Vanguard Advisers Inc. | $196,561 reported compensation |
| Ivins Phillips & Barker | $106,320 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014170053NAL0001709155001, received 2025-10-14, EIN 62-0510412, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.