Jacobson Holdings, Inc. 401(k) Review & Grade
Jacobson Holdings, Inc. 401(k) Profit Sharing Plan
Olathe, KSTransportation & Warehousing734 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$390Employer $ per active participant
$1,413Employee $ saved per active participant
0.86%Direct admin cost, % of plan assets
$15.1MNet plan assets, end of year
$34,401Average balance per account
Score breakdown
- Employer generosity9.2 / 5018th percentile for employer $ per participant
- Low cost2.2 / 259th percentile for low admin cost vs. same-size plans
- Employee saving3.1 / 1521th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score18 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 9th |
| Employee saving | 21th |
| Peers that auto-enroll | 37% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Jacobson Holdings put in about $390 per active participant, below the typical peer ($1,070). 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.
- Direct plan expenses (0.86% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $286,382 |
| Participant (employee) contributions | $1,038,067 |
| Other contributions (incl. rollovers in) | $108,142 |
| Administrative expenses paid from the plan | $128,552 |
| Contract administrator fees | $43,739 |
| Investment advisory & management fees | $75,541 |
| Other admin expenses | $4,426 |
| Benefits paid out | $2,535,600 |
| Net assets, start / end of year | $14.7M / $15.1M |
| Active participants, start / end of year | 838 / 631 |
| Participants with account balances | 438 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pickett, Chaney & Mcmullen, LLP |
Largest service providers (Schedule C)
| Creative Planning | $75,541 reported compensation |
| TPP Retirement Plan Specialists LLC | $45,738 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009152713NAL0011244096001, received 2025-10-09, EIN 83-2239067, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.