Plan Ledger DOL Form 5500 · updated monthly

Johnson Laffen Galloway Architects, LTD.ESOP

JLG ARCHITECTS EMPLOYEE STOCK OWNERSHIP PLAN · GRAND FORKS, ND · plan year 2024

Employer contribution per participant · 2024
$8,901

Johnson Laffen Galloway Architects, LTD.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $32,606,625 across 244 participant accounts, with employer contributions averaging $8,901 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 77th-largest of 279 plans among North Dakota employers on file, and the 3,900th of 11,654 in professional & technical services. active participation has grown from 160 to 191 since 2022.

Plan summary
Net assets, end of year$32,606,625
Participants with balances244
Active participants191
Employer contributions$1,700,000
Employee contributions—
Employer contribution per active participant$8,901
Average account balance$133,634
Benefits paid to participants$196,872
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.6M · 244 accts · $1.7M emplr
2023$20.8M · 219 accts · $1.2M emplr
2022$17.1M · 192 accts · $1.0M emplr
Employer contributions to the Johnson Laffen Galloway Architects, LTD. plan · 2024
Employer contribution per active participant$8,901
Median for plans this size$2,416
2024$8,901 per active participant
2023$6,593 per active participant
2022$6,250 per active participant

Johnson Laffen Galloway Architects, LTD.'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.

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
JOHNSON LAFFEN GALLOWAY ARCHITECTS LTD SAFE HARBOR 401(K) PLAN401(k)
JLG ARCHITECTS EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 450410459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.