Plan Ledger DOL Form 5500 · updated monthly

Johnson & Johnson, Inc.401(k)

JOHNSON & JOHNSON, INC. 401(K) PROFIT SHARING PLAN AND TRUST · LAKE CITY, FL · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Johnson & Johnson, Inc. reported $44,103 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $442 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 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (2,616th of 3,644), and 3,949th of 5,215 in retail trade. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has grown from 205 to 347 since 2022.

Plan summary
Net assets, end of year$4,361,079
Participants with balances127
Active participants347
Employer contributions$153,362
Employee contributions$427,780
Employer contribution per active participant$442
Average account balance$34,339
Benefits paid to participants$191,170
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA,INC.
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 127 accts · $153K emplr
2023$3.6M · 117 accts · $144K emplr
2022$2.9M · 115 accts · $118K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,103
Total administrative$44,103
The Johnson & Johnson, Inc. 401(k) match · 2024
Employer contribution per active participant$442
Median for plans this size$1,313
2024$442 per active participant
2023$415 per active participant
2022$574 per active participant

Johnson & Johnson, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$39,986
RETIREMENT SOLUTIONS SPECIALISTS · Recordkeeping · Loan processing$4,117

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

Recordkeeper by year2
2024RETIREMENT SOLUTIONS SPECIALISTS, Transamerica
2023RETIREMENT SOLUTIONS SPECIALISTS, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,103 · 1.10%
2023$36,950 · 1.13%
2022$33,880 · 1.15%
Same employer
Similar plansRetail Trade · Florida
Walker Ford Company, Inc. FL$4.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590799238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.