Mauldin & Jenkins, LLC 401(k) Review & Grade
Mauldin & Jenkins 401 (K) Plan
Atlanta, GAProfessional, Scientific & Technical Services511 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,757Employer $ per active participant
$9,703Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$70.5MNet plan assets, end of year
$123,928Average balance per account
Score breakdown
- Employer generosity22.6 / 5045th percentile for employer $ per participant
- Low cost18.6 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving8.4 / 1556th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 45th |
| Lower admin cost | 74th |
| Employee saving | 56th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,373 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Mauldin & Jenkins put in about $2,757 per active participant, below the typical peer ($3,082). 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.
- 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 | $1,408,666 |
| Participant (employee) contributions | $4,958,472 |
| Other contributions (incl. rollovers in) | $995,130 |
| Administrative expenses paid from the plan | $67,560 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $25,250 |
| Benefits paid out | $9,292,223 |
| Net assets, start / end of year | $65.6M / $70.5M |
| Active participants, start / end of year | 511 / 511 |
| Participants with account balances | 569 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Deming,malone,livesay&ostroff |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $42,310 reported compensation |
| Strategic Advisors, Inc. | $25,250 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260311113632NAL0005593842001, received 2026-03-11, EIN 58-0692043, plan #002, plan year 2024-06-01 to 2025-05-31. Verify at efast.dol.gov.