Plan Ledger DOL Form 5500 · updated monthly

Johnson Supply & Equipment Corporation401(k) + ESOP (KSOP)

JOHNSON SUPPLY & EQUIPMENT CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Johnson Supply & Equipment Corporation reported $2,097 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,468 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 0.006% to 0.010%. 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 1,885th-largest of 5,688 plans among Texas employers on file, and the 1,739th of 4,246 in wholesale trade. In 2024, the employer put in $5.12 for every $1.00 employees contributed themselves; active participation has grown from 196 to 231 since 2022.

Plan summary
Net assets, end of year$22,246,094
Participants with balances243
Active participants231
Employer contributions$1,725,000
Employee contributions$337,120
Employer contribution per active participant$7,468
Average account balance$91,548
Benefits paid to participants$2,414,088
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 243 accts · $1.7M emplr
2023$21.7M · 88 accts · $2.5M emplr
2022$18.3M · 276 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,074
Total administrative$2,097
The Johnson Supply & Equipment Corporation 401(k) match · 2024
Employer contribution per active participant$7,468
Median for plans this size$2,416
2024$7,468 per active participant
2023$11,233 per active participant
2022$12,755 per active participant

Johnson Supply & Equipment Corporation'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$2,073

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$2,097 · 0.01%
2023$2,196 · 0.01%
2022$1,033 · 0.01%
Same employer
Similar plansWholesale Trade · Texas
Pss Holdings, LLC TX$24.2M · 0.35%
Omega Acquisition Corp TX$23.6M · 0.15%
The Clampitt Companies, LLC TX$23.0M · 0.42%
Cantex Inc. TX$22.7M · 0.10%
Bsc Administration LLC TX$21.8M · 0.07%
The Apparel Group, LTD TX$20.7M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741989212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.