Retirement plan
EDWARD D. JONES & CO. PROFIT SHARING AND 401(K) PLAN
EDWARD D. JONES & CO., L.P.EIN 43-0345811Plan #001PY 2020
Prospect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
KIM GRBAC
Signed 10/15/2021
Summary metrics
Total assets (EOY)
$8687M
-100.0% from 2016
Total participants
54,182
-100.0% from 2016
Average account balance
$175,399
-93.7% from 2016
Annual return
17.57%
-7.98 pp from 2016
Benchmarks
Peer group
Industry52 - Finance and Insurance
Plan typeDefined contribution
Participants>=10,000
Cohort76 peers
Snapshot2020
60
Participant deferral / active EE
$8,194
median $6,844
69
Employer contribution / active EE
$5,825
median $4,263
28
Participation rate
90.2%
median 96.2%
72
Avg account balance
$175,399
median $139,426
69
Admin fee / account holder
$36
median $55
71
Annual return
17.57%
median 15.01%
Overall peer rank
62of 100
62nd percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$12.37B
Average account balance
Total assets / participants with a balance (line 6g)
$220K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
56,268
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
95.8%
Contributions (total)
Employer and participant dollars contributed each year
$999.19M
Contributions per participant
Average employer and participant contribution per enrolled participant
$20K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+15.70%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$22
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 5 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Participant loan processing; Direct p... | $1,162,766 |
PRIAC1 year Service code 12 · EIN 06-1050034 | Sales loads (front end and deferred);... | $554,727 |
QDRO CONSULTANTS3 years Service code 16 · EIN 34-1820650 | Consulting | $11,350 |
MERCER HR SERVICES, LLC5 years Service code 16 · EIN 20-1932099 | Consulting | $9,178 |
NATIONAL FINANCIAL SERVICES3 years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
Top hat statement on fileNQDC
Filed October 18, 2004
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes2E2F2G2J2K2S2T3B3H
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3BPlan covering self-employed individualsPlan covering self-employed individuals.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$1.8M
$38 / participant
- Investment mgmt$87K4.8%
- Other / not subdivided$2M95.2%
% of EOY assets
0.021%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- PRICEWATERHOUSECOOPERS, LLP
- Auditor EIN
- 134008324
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified