Plan Ledger DOL Form 5500 · updated monthly

Johnson Lambert LLP401(k)

JOHNSON LAMBERT LLP 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Johnson Lambert LLP reported $23,700 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,666 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 3 years on file its reported administrative ratio has held roughly steady near 0.052%. 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 376th-largest of 2,005 plans among North Carolina employers on file, and the 2,751st of 11,654 in professional & technical services. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 202 to 237 since 2022.

Plan summary
Net assets, end of year$50,141,918
Participants with balances354
Active participants237
Employer contributions$1,105,894
Employee contributions$2,599,883
Employer contribution per active participant$4,666
Average account balance$141,644
Benefits paid to participants$1,733,344
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.1M · 354 accts · $1.1M emplr
2023$41.1M · 342 accts · $1.0M emplr
2022$32.4M · 326 accts · $908K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,030
Investment management$6,670
Total administrative$23,700
The Johnson Lambert LLP 401(k) match · 2024
Employer contribution per active participant$4,666
Median for plans this size$2,416
2024$4,666 per active participant
2023$4,616 per active participant
2022$4,494 per active participant

Johnson Lambert LLP'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,030
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,670

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$23,700 · 0.05%
2023$16,799 · 0.05%
2022$18,243 · 0.05%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Digital Turbine Inc. NC$55.4M · 0.23%
Market America, Inc. NC$52.8M · 0.09%
Phreesia, Inc. NC$49.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521446779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.