Plan Ledger DOL Form 5500 · updated monthly

Johnstone Enterprises, LTD 401(K) Profit Sharing Plan401(k)

JOHNSTONE ENTERPRISES, LTD 401(K) PROFIT SHARING PLAN · DOVER, NH · plan year 2023

Reported admin expense ratio · 2023
0.97%

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

Johnstone Enterprises, LTD 401(K) Profit Sharing Plan reported $22,873 in plan administrative expenses for 2023: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $616 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 has held roughly steady near 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Hampshire (365th of 411), and 1,994th of 2,677 in transportation & warehousing. In 2023, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,651,419
Participants with balances36
Active participants131
Employer contributions$80,710
Employee contributions$169,825
Employer contribution per active participant$616
Average account balance$73,651
Benefits paid to participants$57,415
Plan auditUnmodified (clean) audit opinion
AuditorLONG & ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2023$2.7M · 36 accts · $81K emplr
2022$2.1M · 37 accts · $90K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,873
Total administrative$22,873
The Johnstone Enterprises, LTD 401(K) Profit Sharing Plan 401(k) match · 2023
Employer contribution per active participant$616
Median for plans this size$1,308
2023$616 per active participant
2022$532 per active participant

Johnstone Enterprises, LTD 401(K) Profit Sharing Plan's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$418
MERRILL LYNCH · Investment advisory (participants)$5,724
MERRILL LYNCH · Investment advisory (participants)$5,724

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

Administrative cost history2
2023$22,873 · 0.97%
2022$24,388 · 0.96%
Similar plansTransportation & Warehousing · New Hampshire
Air General, Inc. NH$10.3M · 0.87%
Elevate Holdings Inc NH$4.7M · 1.10%
Jalbert Leasing, Inc NH$4.4M · 0.34%
Dowd Deliveries NH$210K · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020420569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.