Retirement plan

JEFFERSON SOUTHERN 401(K) PLAN

Name: JEFFERSON SOUTHERN CORPORATION - JEFFERSON SOUTHERN 401(K) PLAN (2024) Form 5500
Creator: JEFFERSON SOUTHERN CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEFFERSON SOUTHERN 401(K) PLAN, JEFFERSON SOUTHERN CORPORATION

JEFFERSON SOUTHERN CORPORATIONEIN 31-1722250Plan #001PY 2024

1000 MARQUETTE ROAD - ROCKMART, GA 30153770-684-0199jsc-ga.comLinkedIn201-500 employeesautomotive

Prospect flagsLow returnsLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$6.1M

+11.9% from 2023

Total participants

359

-16.1% from 2023

Average account balance

$18,041

+37.1% from 2023

Annual return

10.59%

-5.83 pp from 2023

Benchmarks

See 2,380 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,380 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$6.10M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$18K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

338

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$803K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.59%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$166

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 15 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$33,547
FIRST PARTY ADMINISTRATOR, LLC2 years Filed as: FIRST PARTY ADMINISTRATOR LLC Service code 13 PO BOX 745680 · ATLANTA, GA 303745680	Contract Administrator	$18,172
EVERHART ADVISORS2 years Filed as: EVERHART FINANCIAL GROUP, INC. Service code 27 535 METRO PL S STE 100 · DUBLIN, OH 43017	Advisory (Plan)	$15,903
CLAUSELL & ASSOCIATES, P.C.2 years Filed as: CLAUSELL & ASSOCIATES PC Service code 10 4260 CLAUSELL ST, STE 200 · DECATUR, GA 30035	Accounting	$15,685
FIRST PARY ADMINISTRATOR LLC2 years Service code 13	Contract Administrator	$2,603
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$87

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants 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.
2J
Code section 401(k) feature
Cash 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.
2K
Code section 401(m) arrangement
Employee 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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$56K

$191 / participant

Investment mgmt$56K100.0%

% of EOY assets

0.923%

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: CLAUSELL & ASSOCIATES, P.C.
Auditor EIN: 581798795
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,041

$89,093-79.7%

$102,434-82.4%

$77,736-76.8%

Participation rate

92.9%

80.9%+12.0pp

76.5%+16.4pp

70.6%+22.3pp

Annual return

10.59%

25.03%-14.4pp

29.46%-18.9pp

31.26%-20.7pp

Employer contribution / active EE

$847

$2,699-68.6%

$3,023-72.0%

$2,728-68.9%

Participant deferral / active EE

$1,874

$5,147-63.6%

$5,055-62.9%

$4,651-59.7%

Admin fee / account holder

$166

$236-29.4%

$9,462-98.2%

$433-61.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE CO OF AME

Service code 15 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$33,547

FIRST PARTY ADMINISTRATOR, LLC2 years

Filed as: FIRST PARTY ADMINISTRATOR LLC

Service code 13

PO BOX 745680 · ATLANTA, GA 303745680

Contract Administrator

$18,172

EVERHART ADVISORS2 years

Filed as: EVERHART FINANCIAL GROUP, INC.

Service code 27

535 METRO PL S STE 100 · DUBLIN, OH 43017

Advisory (Plan)

$15,903

CLAUSELL & ASSOCIATES, P.C.2 years

Filed as: CLAUSELL & ASSOCIATES PC

Service code 10

4260 CLAUSELL ST, STE 200 · DECATUR, GA 30035

Accounting

$15,685

FIRST PARY ADMINISTRATOR LLC2 years

Service code 13

Contract Administrator

$2,603

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$87

JEFFERSON SOUTHERN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEFFERSON SOUTHERN 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion