Plan Ledger DOL Form 5500 · updated monthly

Johnson & Jordan, Inc.401(k) + ESOP (KSOP)

JOHNSON & JORDAN, INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN · SCARBOROUGH, ME · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Johnson & Jordan, Inc. reported $108,010 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,081 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 fell from 0.25% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 49th-largest of 354 plans among Maine employers on file, and the 821st of 5,337 in construction. In 2024, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,982,136
Participants with balances359
Active participants319
Employer contributions$663,971
Employee contributions$2,045,736
Employer contribution per active participant$2,081
Average account balance$197,722
Benefits paid to participants$1,596,033
Plan auditUnmodified (clean) audit opinion
AuditorLAUREN COREY CONSULTING, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$71.0M · 359 accts · $664K emplr
2023$62.9M · 345 accts · $588K emplr
2022$41.6M · 383 accts · $534K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,372
Investment management$64,638
Total administrative$108,010
The Johnson & Jordan, Inc. 401(k) match · 2024
Employer contribution per active participant$2,081
Median for plans this size$3,635
2024$2,081 per active participant
2023$1,948 per active participant
2022$1,745 per active participant

Johnson & Jordan, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20243
AMERIPRISE FINANCIAL SERVICES LLC · Investment advisory (plan)$66,238
CAPITAL GROUP RETIREMENT PLAN SERVI$31,030
TRANSITION FINANCE STRATEGIES · Contract administrator$12,342

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

Administrative cost history3
2024$108,010 · 0.16%
2023$91,772 · 0.18%
2022$95,612 · 0.25%
Same employer
Similar plansConstruction · Maine
Sargent Corporation ME$73.7M · 0.01%
Revision Energy Inc. ME$54.3M · 0.06%
Abm Mechanical, Inc. ME$47.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010466450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.