Jackson Lewis P.C. 401(k) Review & Grade
Jackson Lewis P.C. Retirement Savings Plan
West Harrison, NYProfessional, Scientific & Technical Services2,175 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,652Employer $ per active participant
$10,739Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$623.9MNet plan assets, end of year
$295,260Average balance per account
Score breakdown
- Employer generosity41.2 / 5082th percentile for employer $ per participant
- Low cost22.8 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving9.7 / 1565th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score74 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 82th |
| Lower admin cost | 91th |
| Employee saving | 65th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,902 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Jackson Lewis put in about $6,652 per active participant, more than the typical peer ($3,082). 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.
- 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 | $14,468,108 |
| Participant (employee) contributions | $23,357,733 |
| Other contributions (incl. rollovers in) | $9,786,070 |
| Administrative expenses paid from the plan | $211,620 |
| Contract administrator fees | $1,500 |
| Investment advisory & management fees | $52,124 |
| Other admin expenses | $77,393 |
| Benefits paid out | $34,243,165 |
| Net assets, start / end of year | $524.4M / $623.9M |
| Active participants, start / end of year | 2,100 / 2,250 |
| Participants with account balances | 2,113 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| Captrust | $77,393 reported compensation |
| Fidelity Investments Institutional | $55,343 reported compensation |
| Strategic Advisors, Inc. | $52,124 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250730091850NAL0004436625001, received 2025-07-30, EIN 46-3862389, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.