JR Technology Group, LLC 401(k) Review & Grade
JR Technology Group Retirement Savings Plan
Stevensville, MIManufacturing1,496 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,754Employer $ per active participant
$9,123Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$171.6MNet plan assets, end of year
$92,995Average balance per account
Score breakdown
- Employer generosity29.5 / 5059th percentile for employer $ per participant
- Low cost15.8 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving12.9 / 1586th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score68 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 63th |
| Employee saving | 86th |
| Peers that auto-enroll | 59% |
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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
- JR Technology Group put in about $2,754 per active participant, more than the typical peer ($2,320). 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.
- 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 | $4,119,988 |
| Participant (employee) contributions | $13,648,378 |
| Other contributions (incl. rollovers in) | $1,782,832 |
| Administrative expenses paid from the plan | $237,121 |
| Contract administrator fees | $237,121 |
| Benefits paid out | $15,016,730 |
| Net assets, start / end of year | $147.0M / $171.6M |
| Active participants, start / end of year | 1,532 / 1,460 |
| Participants with account balances | 1,845 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $237,121 reported compensation |
| Creative Planning, Inc. | $30,000 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250909103017NAL0020102481001, received 2025-09-09, EIN 47-3258765, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.