Jda Partners Technical Service 401(k) Review & Grade
Jda Partners Technical Service 401(k) Plan
New York, NYProfessional, Scientific & Technical Services806 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$686Employer $ per active participant
$1,617Employee $ saved per active participant
1.66%Direct admin cost, % of plan assets
$6.0MNet plan assets, end of year
$13,503Average balance per account
Score breakdown
- Employer generosity8.0 / 5016th percentile for employer $ per participant
- Low cost0.5 / 252th percentile for low admin cost vs. same-size plans
- Employee saving1.2 / 158th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score10 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 2th |
| Employee saving | 8th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $34 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Jda Partners Technical Service put in about $686 per active participant, below the typical peer ($3,082). 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 (1.66% 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 | $553,037 |
| Participant (employee) contributions | $1,303,279 |
| Other contributions (incl. rollovers in) | $123,632 |
| Administrative expenses paid from the plan | $84,820 |
| Investment advisory & management fees | $16,291 |
| Benefits paid out | $787,090 |
| Net assets, start / end of year | $4.2M / $6.0M |
| Active participants, start / end of year | 689 / 923 |
| Participants with account balances | 448 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Magone & Company PC Cpa's |
Largest service providers (Schedule C)
| Adp, Inc. | $68,528 reported compensation |
| Merrill Lynch Pierce Fenner & Smith | $16,397 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014062334NAL0004805170001, received 2025-10-14, EIN 45-3455335, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.