Plan Ledger DOL Form 5500 · updated monthly

Fortune-Johnson LLC401(k)

FORTUNE-JOHNSON LLC 401(K) SAVINGS PLAN · PEACHTREE CORNERS, GA · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Fortune-Johnson LLC reported $27,052 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,278 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.31% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,079th-largest of 2,160 plans among Georgia employers on file, and the 2,664th of 5,337 in construction. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,224,566
Participants with balances157
Active participants137
Employer contributions$723,103
Employee contributions$1,440,960
Employer contribution per active participant$5,278
Average account balance$84,233
Benefits paid to participants$1,177,666
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$13.2M · 157 accts · $723K emplr
2023$10.8M · 148 accts · $673K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,568
Investment management$2,484
Total administrative$27,052
The Fortune-Johnson LLC 401(k) match · 2024
Employer contribution per active participant$5,278
Median for plans this size$2,416
2024$5,278 per active participant
2023$5,706 per active participant

Fortune-Johnson LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$24,568

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$27,052 · 0.23%
2023$28,367 · 0.31%
Same employer
Similar plansConstruction · Georgia
United Forming, Inc. GA$16.3M · 0.01%
Strack, Incorporated GA$14.7M · 0.62%
Netplanner Systems, Inc. GA$12.3M · 0.79%
Ra-Lin & Associates, Inc. GA$12.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862115392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.