Lloyd Jones LLC 401(k) Review & Grade
Lloyd Jones LLC 401(k) Plan
Ponte Vedra Beach, FLFinance & Insurance648 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$75Employer $ per active participant
$566Employee $ saved per active participant
1.03%Direct admin cost, % of plan assets
$1.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity1.3 / 503th percentile for employer $ per participant
- Low cost1.5 / 256th percentile for low admin cost vs. same-size plans
- Employee saving0.1 / 151th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score3 / 100 · Grade F
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 3th |
| Lower admin cost | 6th |
| Employee saving | 1th |
| Peers that auto-enroll | 62% |
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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
- Lloyd Jones put in about $75 per active participant, below the typical peer ($3,606). 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 (1.03% 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 | $48,718 |
| Participant (employee) contributions | $367,064 |
| Other contributions (incl. rollovers in) | $371,707 |
| Administrative expenses paid from the plan | $14,316 |
| Benefits paid out | $444,920 |
| Net assets, start / end of year | $1.1M / $1.6M |
| Active participants, start / end of year | 515 / 782 |
| Participants with account balances | 109 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20251010071701NAL0004401075001, received 2025-10-10, EIN 02-0589145, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.