Plan Ledger DOL Form 5500 · updated monthly

Johnson & Wales University401(k)

JOHNSON & WALES UNIVERSITY 401(K) RETIREMENT SAVINGS PLAN · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Johnson & Wales University reported $514,414 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,415 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 rose from 0.08% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 15th-largest of 286 plans among Rhode Island employers on file, and the 154th of 3,091 in educational services. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$367,942,459
Participants with balances1,907
Active participants1,243
Employer contributions$9,217,034
Employee contributions$9,826,328
Employer contribution per active participant$7,415
Average account balance$192,943
Benefits paid to participants$40,179,698
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$367.9M · 1,907 accts · $9.2M emplr
2023$343.0M · 1,963 accts · $8.7M emplr
2022$310.8M · 1,910 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$384,181
Investment management$98,373
Audit (IQPA)$31,460
Total administrative$514,414
The Johnson & Wales University 401(k) match · 2024
Employer contribution per active participant$7,415
Median for plans this size$4,294
2024$7,415 per active participant
2023$7,204 per active participant
2022$2,638 per active participant

Johnson & Wales University's 2024 employer contribution ran above the $4,294 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 · 20244
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$98,373
RSM US LLP · Accounting / audit$31,460
QDRO CONSULTANTS COMPANY, LLC · Consulting$400

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$514,414 · 0.14%
2023$512,437 · 0.16%
2022$292,204 · 0.08%
Same employer
Similar plansEducational Services · Rhode Island
Brown University RI$1.5B · 0.01%
Providence College RI$393.5M · 0.05%
Roger Williams University RI$359.8M · 0.06%
Bryant University RI$343.6M · 0.02%
Salve Regina University RI$129.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050306206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.