Plan Ledger DOL Form 5500 · updated monthly

Johnson Development Associates, Inc.401(k)

JDA 401(K) PLAN · SPARTANBURG, SC · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Johnson Development Associates, Inc. reported $58,715 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $6,732 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 0.23% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 218th-largest of 807 plans among South Carolina employers on file, and the 532nd of 2,096 in real estate & leasing. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,268,631
Participants with balances184
Active participants157
Employer contributions$1,056,866
Employee contributions$1,653,683
Employer contribution per active participant$6,732
Average account balance$137,330
Benefits paid to participants$4,763,392
Plan auditUnmodified (clean) audit opinion
AuditorGOSNELL MENARD ROBINSON INFANTE CPA
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 184 accts · $1.1M emplr
2023$23.8M · 192 accts · $1.1M emplr
2022$18.4M · 170 accts · $864K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,662
Investment management$12,053
Total administrative$58,715
The Johnson Development Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$6,732
Median for plans this size$2,416
2024$6,732 per active participant
2023$6,075 per active participant
2022$5,303 per active participant

Johnson Development Associates, 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$46,662
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$12,053

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$58,715 · 0.24%
2023$48,835 · 0.23%
2022$43,328 · 0.23%
Same employer
Similar plansReal Estate & Leasing · South Carolina
American Equipment Co, Inc. SC$38.3M · 0.18%
Oto Development, LLC SC$34.6M · 0.30%
The Beach Company SC$34.1M · 0.21%
Pk Management LLC SC$16.9M · 0.62%
Grace Hill, LLC SC$12.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570833391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.