JSB Management Company 401(k) Review & Grade
Charles Blalock & Sons Inc 401k Profit Sharing Plan
Sevierville, TNProfessional, Scientific & Technical Services960 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$512Employer $ per active participant
$2,797Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$29.7MNet plan assets, end of year
$33,813Average balance per account
Score breakdown
- Employer generosity6.9 / 5014th percentile for employer $ per participant
- Low cost8.8 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving2.1 / 1514th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score21 / 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 | 14th |
| Lower admin cost | 35th |
| Employee saving | 14th |
| Peers that auto-enroll | 48% |
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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- JSB Management put in about $512 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 (0.35% 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 | $491,597 |
| Participant (employee) contributions | $2,686,778 |
| Other contributions (incl. rollovers in) | $123,906 |
| Administrative expenses paid from the plan | $95,461 |
| Contract administrator fees | $5,726 |
| Benefits paid out | $1,205,916 |
| Net assets, start / end of year | $24.7M / $29.7M |
| Active participants, start / end of year | 932 / 989 |
| Participants with account balances | 878 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| The Trust Company of Tennessee | $95,461 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250813154924NAL0008290835001, received 2025-08-13, EIN 62-1407559, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.