Plan Ledger DOL Form 5500 · updated monthly

J.R. Balsan, Inc. dba Johnstone Supply401(k)

JOHNSTONE SUPPLY RETIREMENT SAVINGS PLAN · DOWNINGTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

J.R. Balsan, Inc. dba Johnstone Supply reported $47,199 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $2,443 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 3 years on file its reported administrative ratio has held roughly steady near 0.473%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,255th of 3,651), and 2,861st of 4,246 in wholesale trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,371,746
Participants with balances136
Active participants177
Employer contributions$432,338
Employee contributions$909,098
Employer contribution per active participant$2,443
Average account balance$76,263
Benefits paid to participants$2,312,922
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.4M · 136 accts · $432K emplr
2022$6.6M · 104 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,978
Investment management$13,221
Total administrative$47,199
The J.R. Balsan, Inc. dba Johnstone Supply 401(k) match · 2024
Employer contribution per active participant$2,443
Median for plans this size$1,313
2024$2,443 per active participant
2022$2,009 per active participant

J.R. Balsan, Inc. dba Johnstone Supply's 2024 employer contribution ran above the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,342
IRONVIEW CAPITAL MANAGEMENT LLC · Investment advisory (plan)$13,221

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$47,199 · 0.47%
2022$30,386 · 0.47%
Same employer
Similar plansWholesale Trade · Pennsylvania
Fisher and Thompson PA$11.0M · 0.13%
R F Fager Company PA$10.6M · 0.61%
Wallace Supply, LLC PA$10.2M · 0.53%
Deerfield Agency LLC PA$10.2M · 0.50%
Penn Veterinary Supply PA$10.2M · 0.03%
Toyotalift Northeast, LLC PA$10.2M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232809095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.