Plan Ledger DOL Form 5500 · updated monthly

Johnson Security Bureau, Inc.401(k)

JOHNSON SECURITY BUREAU, INC. RETIREMENT PLAN · BRONX, NY · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Johnson Security Bureau, Inc. reported $15,636 in plan administrative expenses for 2023: 0.63% of average plan assets, above the peer median. Employer contributions averaged $3,029 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 1.06% to 3.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,980th of 5,648), and 1,810th of 2,534 in administrative & support services. In 2023, the employer put in $5.38 for every $1.00 employees contributed themselves; active participation has shrunk from 286 to 178 since 2022.

Plan summary
Net assets, end of year$2,693,210
Participants with balances550
Active participants178
Employer contributions$539,088
Employee contributions$100,152
Employer contribution per active participant$3,029
Average account balance$4,897
Benefits paid to participants$559,709
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 533 accts · $151K emplr
2023$2.7M · 550 accts · $539K emplr
2022$2.3M · 551 accts · $908K emplr
The Johnson Security Bureau, Inc. 401(k) match · 2023
Employer contribution per active participant$3,029
Median for plans this size$1,308
2024$960 per active participant
2023$3,029 per active participant
2022$3,176 per active participant

Johnson Security Bureau, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
BOON ADMINISTRATIVE SERVICES INC. · Contract administrator · Consulting$22,707
VOYA FINANCIAL RETIREMENT & ANNUITY · Investment advisory (plan)$1,200

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$82,507 · 3.10%
2023$15,636 · 0.63%
2022$22,986 · 1.06%
Similar plansAdministrative & Support Services · New York
Indagare Travel, Inc. NY$2.9M · 0.63%
The Bachrach Group, LTD NY$2.7M · 0.91%
Infinity Trans, Inc. NY$2.5M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132657320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.