Jacobs Engineering Group Inc. 401(k) Review & Grade
Jacobs 401(k) Plus Savings Plan
Dallas, TXProfessional, Scientific & Technical Services16,090 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,120Employer $ per active participant
$13,313Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$6.4BNet plan assets, end of year
$221,819Average balance per account
Score breakdown
- Employer generosity40.6 / 5081th percentile for employer $ per participant
- Low cost21.1 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving12.8 / 1586th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score65 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 10,000+ active participants (70 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 84th |
| Employee saving | 86th |
| Peers that auto-enroll | 39% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($572 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $89,500 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Jacobs Engineering Group put in about $5,120 per active participant, more than the typical peer ($2,932). 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $82,377,100 |
| Participant (employee) contributions | $214,202,300 |
| Other contributions (incl. rollovers in) | $37,256,400 |
| Administrative expenses paid from the plan | $1,759,200 |
| Other admin expenses | $1,759,200 |
| Benefits paid out | $548,343,200 |
| Net assets, start / end of year | $5.8B / $6.4B |
| Active participants, start / end of year | 15,962 / 16,218 |
| Participants with account balances | 28,758 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ernst & Young, LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $913,344 reported compensation |
| Vanguard Advisers Inc. | $501,044 reported compensation |
| Ivins, Phillips & Barker | $142,752 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251020143231NAL0000699057001, received 2025-10-20, EIN 95-4081636, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.