Plan Ledger DOL Form 5500 · updated monthly

Johnson-Barrow, Inc.401(k)

JOHNSON-BARROW, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Johnson-Barrow, Inc. reported $58,608 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $122,450 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 0.38% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 646th-largest of 1,714 plans among Washington employers on file, and the 5,197th of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 146 to 7 since 2022.

Plan summary
Net assets, end of year$22,006,213
Participants with balances7
Active participants7
Employer contributions$857,153
Employee contributions$1,560,018
Employer contribution per active participant$122,450
Average account balance$3,143,745
Benefits paid to participants$360,431
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.0M · 7 accts · $857K emplr
2023$17.2M · 171 accts · $806K emplr
2022$14.9M · 130 accts · $597K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,703
Investment management$30,138
Trustee / custodial$7,767
Total administrative$58,608
The Johnson-Barrow, Inc. 401(k) match · 2024
Employer contribution per active participant$122,450
Median for plans this size$2,416
2024$122,450 per active participant
2023$4,529 per active participant
2022$4,089 per active participant

Johnson-Barrow, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$20,703
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan) · Investment advisory (participants)$30,138
NEWPORT TRUST COMPANY · Trustee · Trustee (discretionary)$7,767

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$58,608 · 0.30%
2023$58,688 · 0.37%
2022$62,914 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Washington
Seattle-Tacoma Box Company WA$22.6M · 0.29%
Bsquare Corporation WA$21.8M · 0.32%
Dorian Studio, Inc. WA$21.5M · 0.21%
Casne Engineering, Inc. WA$21.1M · 0.49%
Seeq Corporation WA$20.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911248392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.