J.J. Taylor Companies, Inc. 401(k) Review & Grade
J.J. Taylor Companies, Inc. Profit Sharing Retirement Plan
Jupiter, FLWholesale Trade1,218 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,753Employer $ per active participant
$5,126Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$132.4MNet plan assets, end of year
$92,302Average balance per account
Score breakdown
- Employer generosity35.0 / 5070th percentile for employer $ per participant
- Low cost16.0 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving8.6 / 1557th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 70th |
| Lower admin cost | 64th |
| Employee saving | 57th |
| Peers that auto-enroll | 53% |
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
- J.J. Taylor Companies put in about $2,753 per active participant, more than the typical peer ($1,792). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $3,351,535 |
| Participant (employee) contributions | $6,240,936 |
| Other contributions (incl. rollovers in) | $963,676 |
| Administrative expenses paid from the plan | $169,143 |
| Investment advisory & management fees | $68,828 |
| Benefits paid out | $12,103,638 |
| Net assets, start / end of year | $99.8M / $132.4M |
| Active participants, start / end of year | 1,239 / 1,196 |
| Participants with account balances | 1,434 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grant Thornton |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $100,315 reported compensation |
| Empower Advisory Group, LLC | $64,411 reported compensation |
| LPL Financial | $4,417 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008094132NAL0003167971001, received 2025-10-08, EIN 04-2234512, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.