JCB Management Company LLC 401(k) Review & Grade
JCB Management Company LLC 401(k) Profit Sharing Plan and Trust
Philadelphia, PAAccommodation & Food Services851 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$262Employer $ per active participant
$505Employee $ saved per active participant
1.48%Direct admin cost, % of plan assets
$4.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity24.7 / 5049th percentile for employer $ per participant
- Low cost0.7 / 253th percentile for low admin cost vs. same-size plans
- Employee saving4.7 / 1531th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 49th |
| Lower admin cost | 3th |
| Employee saving | 31th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- JCB Management Company put in about $262 per active participant, below the typical peer ($266). 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.
- Direct plan expenses (1.48% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $222,854 |
| Participant (employee) contributions | $429,760 |
| Other contributions (incl. rollovers in) | $23,909 |
| Administrative expenses paid from the plan | $57,968 |
| Contract administrator fees | $43,195 |
| Benefits paid out | $772,395 |
| Net assets, start / end of year | $3.7M / $4.1M |
| Active participants, start / end of year | 816 / 886 |
| Participants with account balances | 114 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Citrin Cooperman & Company LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $30,098 reported compensation |
| Orenda Retirement LLC | $17,493 reported compensation |
| Citrin Cooperman & Company | $14,773 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009131839NAL0003939379001, received 2025-10-09, EIN 48-1291893, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.