Plan Ledger DOL Form 5500 · updated monthly

Johnson Tractor Inc401(k)

JOHNSON TRACTOR, INC. EMPLOYEE 401(K) PLAN · JANESVILLE, WI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Johnson Tractor Inc reported $49,999 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,791 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 1 year on file its reported administrative ratio fell from 0.24% to 0.23%. 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 799th-largest of 1,936 plans among Wisconsin employers on file, and the 1,730th of 4,246 in wholesale trade. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,275,208
Participants with balances178
Active participants209
Employer contributions$583,359
Employee contributions$1,084,561
Employer contribution per active participant$2,791
Average account balance$125,142
Benefits paid to participants$3,783,627
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$22.3M · 178 accts · $583K emplr
2023$21.3M · 172 accts · $592K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,999
Total administrative$49,999
The Johnson Tractor Inc 401(k) match · 2024
Employer contribution per active participant$2,791
Median for plans this size$2,416
2024$2,791 per active participant
2023$2,861 per active participant

Johnson Tractor Inc's 2024 employer contribution ran above the $2,416 median for plans its size. 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
JOHNSON BANK · Recordkeeping · Trustee$49,999

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024JOHNSON BANK
2023JOHNSON BANK

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

Administrative cost history2
2024$49,999 · 0.23%
2023$43,287 · 0.24%
Similar plansWholesale Trade · Wisconsin
Premier Cooperative WI$23.1M · 0.38%
Fairchild Equipment, Inc. WI$22.8M · 0.35%
Naviant, LLC. WI$21.7M · 0.58%
The F. Dohmen Co. WI$21.3M · 0.01%
C.J.W., Inc. WI$20.3M

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Source: U.S. Department of Labor, Form 5500 series, EIN 391380353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.