Plan Ledger DOL Form 5500 · updated monthly

Johnson Equipment Company401(k)

JOHNSON EQUIPMENT COMPANY 401(K) SAVINGS PLAN & TRUST · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Johnson Equipment Company reported $5,906 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,203 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,989th-largest of 5,688 plans among Texas employers on file, and the 1,852nd of 4,246 in wholesale trade. In 2024, employees put in $3.93 for every $1.00 the employer contributed; active participation has grown from 174 to 273 since 2022.

Plan summary
Net assets, end of year$20,542,718
Participants with balances136
Active participants273
Employer contributions$328,533
Employee contributions$1,292,231
Employer contribution per active participant$1,203
Average account balance$151,049
Benefits paid to participants$2,778,925
Plan auditUnmodified (clean) audit opinion
AuditorMCCARTHY, ROSE AND MILLS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 136 accts · $329K emplr
2023$19.2M · 128 accts · $277K emplr
2022$15.4M · 108 accts · $279K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,858
Investment management$2,048
Total administrative$5,906
The Johnson Equipment Company 401(k) match · 2024
Employer contribution per active participant$1,203
Median for plans this size$2,416
2024$1,203 per active participant
2023$1,129 per active participant
2022$1,601 per active participant

Johnson Equipment Company's 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,858

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$5,906 · 0.03%
2023$9,135 · 0.05%
2022$3,775 · 0.02%
Same employer
Similar plansWholesale Trade · Texas
Bsc Administration LLC TX$21.8M · 0.07%
The Apparel Group, LTD TX$20.7M · 0.57%
Texas Enterprises, Inc. TX$20.6M · 0.40%
Strategic Materials TX$20.5M · 0.54%
K-Solv, LP TX$20.4M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751228888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.