Js&s (water Holdings) Inc. 401(k) Review & Grade
Swire Water 401(k) Retirement Savings Plan
Salt Lake City, UTManufacturing644 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,332Employer $ per active participant
$8,390Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$95.9MNet plan assets, end of year
$123,870Average balance per account
Score breakdown
- Employer generosity42.3 / 5085th percentile for employer $ per participant
- Low cost10.9 / 2543th percentile for low admin cost vs. same-size plans
- Employee saving12.4 / 1583th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 85th |
| Lower admin cost | 43th |
| Employee saving | 83th |
| Peers that auto-enroll | 59% |
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
- Js&s (water Holdings) put in about $5,332 per active participant, more than the typical peer ($2,320). 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 | $3,431,189 |
| Participant (employee) contributions | $5,399,235 |
| Other contributions (incl. rollovers in) | $627,470 |
| Administrative expenses paid from the plan | $246,303 |
| Contract administrator fees | $139,847 |
| Investment advisory & management fees | $106,456 |
| Benefits paid out | $6,465,736 |
| Net assets, start / end of year | $81.9M / $95.9M |
| Active participants, start / end of year | 644 / 643 |
| Participants with account balances | 774 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Richey, May & Co., LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $139,846 reported compensation |
| Commonwealth Financial Network | $106,473 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250924145055NAL0003088195001, received 2025-09-24, EIN 94-2229674, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.