Plan Ledger DOL Form 5500 · updated monthly

Johnson & Galyon, Inc.401(k)

JOHNSON & GALYON, INC. 401(K) RETIREMENT PLAN · KNOXVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.54%

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

Johnson & Galyon, Inc. reported $50,294 in plan administrative expenses for 2023: 0.54% of average plan assets, above the peer median. Employer contributions averaged $639 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 2 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (828th of 1,496), and 3,076th of 5,337 in construction. In 2023, employees put in $7.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,129,224
Participants with balances89
Active participants102
Employer contributions$65,179
Employee contributions$514,567
Employer contribution per active participant$639
Average account balance$113,812
Benefits paid to participants$179,337
Plan auditUnmodified (clean) audit opinion
AuditorPUGH CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$10.1M · 89 accts · $65K emplr
2022$8.5M · 89 accts · $64K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,065
Total administrative$50,294
The Johnson & Galyon, Inc. 401(k) match · 2023
Employer contribution per active participant$639
Median for plans this size$1,308
2023$639 per active participant
2022$661 per active participant

Johnson & Galyon, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE TRUST COMPANY OF TENNESSEE · Recordkeeping · Trustee$50,295

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

Administrative cost history2
2023$50,294 · 0.54%
2022$51,061 · 0.55%
Similar plansConstruction · Tennessee
Enterprise Electric, LLC TN$12.1M · 0.28%
Gem Technologies, Inc. TN$11.7M · 0.56%
Wasco Inc TN$9.6M · 1.01%
The Comfort Group, Inc TN$9.5M · 0.08%
Bonded Filter Co. LLC TN$7.8M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620555665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.