Jensen Hughes, Inc. 401(k) Review & Grade
Jensen Hughes 401(k) Plan
Columbia, MDProfessional, Scientific & Technical Services908 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,717Employer $ per active participant
$12,551Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$253.9MNet plan assets, end of year
$198,237Average balance per account
Score breakdown
- Employer generosity39.1 / 5078th percentile for employer $ per participant
- Low cost21.4 / 2586th percentile for low admin cost vs. same-size plans
- Employee saving11.7 / 1578th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 78th |
| Lower admin cost | 86th |
| Employee saving | 78th |
| 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
Corrective distributions: the plan refunded $4,732 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Jensen Hughes put in about $5,717 per active participant, more than the typical peer ($3,082). 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 | $5,187,864 |
| Participant (employee) contributions | $11,390,006 |
| Other contributions (incl. rollovers in) | $1,028,930 |
| Administrative expenses paid from the plan | $133,966 |
| Investment advisory & management fees | $24,000 |
| Other admin expenses | $25,100 |
| Benefits paid out | $23,268,139 |
| Net assets, start / end of year | $228.1M / $253.9M |
| Active participants, start / end of year | 904 / 911 |
| Participants with account balances | 1,281 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Caron & Bletzer, PLLC |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $84,866 reported compensation |
| Gallagher Fiduciary Advisors, LLC | $48,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013095735NAL0000462083001, received 2025-10-13, EIN 52-1199515, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.