Jones Walker LLP 401(k) Review & Grade
Jones Walker LLP Profit Sharing Retirement Plan
New Orleans, LAProfessional, Scientific & Technical Services638 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$13,459Employer $ per active participant
$11,030Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$474.3MNet plan assets, end of year
$629,059Average balance per account
Score breakdown
- Employer generosity48.0 / 5096th percentile for employer $ per participant
- Low cost23.1 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving10.1 / 1567th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score84 / 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 | 96th |
| Lower admin cost | 92th |
| Employee saving | 67th |
| Peers that auto-enroll | 48% |
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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
- Jones Walker LLP put in about $13,459 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.
- 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 | $8,580,307 |
| Participant (employee) contributions | $7,031,665 |
| Other contributions (incl. rollovers in) | $568,151 |
| Administrative expenses paid from the plan | $147,656 |
| Other admin expenses | $78,151 |
| Benefits paid out | $38,279,033 |
| Net assets, start / end of year | $425.7M / $474.3M |
| Active participants, start / end of year | 629 / 646 |
| Participants with account balances | 754 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bourgeois Bennett LLC |
Largest service providers (Schedule C)
| Kestra Advisory Services, LLC | $66,212 reported compensation |
| Bourgeois Bennett LLC | $16,250 reported compensation |
| Houston Benefit Consulting, LLC | $12,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009160847NAL0011361056001, received 2025-10-09, EIN 72-0445111, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.