Retirement plan
JOHNSON & JOHNSON RETIREMENT PLAN FOR PUERTO RICO EMPLOYEES
JOHNSON AND JOHNSONEIN 22-1024240Plan #005PY 2023
ONE JOHNSON AND JOHNSON PLAZA - NEW BRUNSWICK, NJ 08933800-565-0122
Other plans on this EIN
4 filingsProspect flagsHigh retiree %Wind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
MELISSA FORD
Signed 10/04/2024
Summary metrics
Total assets (EOY)
$678.4M
-8.8% from 2016
Total participants
9,599
-1.0% from 2016
Average account balance
$0
No prior year
Annual return
14.32%
-12.83 pp from 2016
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants1,000-4,999
Cohort90 peers
Snapshot2023
0
Participant deferral / active EE
$0
median $65
0
Employer contribution / active EE
$0
median $3,929
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $13,363
0
Admin fee / account holder
$0
median $125
90
Annual return
14.32%
median 8.91%
Overall peer rank
90of 100
90th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$681.87M
Average account balance
Total assets / participants with a balance (line 6g)
$66K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
5,763
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$5.10M
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$2K
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+4.90%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.
Enrolled actuary
1 attachment
SB
ANTONIS ANTONIOU
MERCER
Enrollment #2307361
1166 AVENUE OF THE AMERICAS
NEW YORK, NY 100362708
(212) 345-8677
Signed 2024-07-30
Top hat statement on fileNQDC
Filed January 6, 1997 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes1A
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
Opportunity flags
2 tripped
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
- InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Expense breakdown
Schedule H Part II
Admin total
$6.4M
$1653 / participant
- Recordkeeping$733K11.4%
- Trustee / custodial$90K1.4%
- Investment mgmt$4M68.2%
- Other / not subdivided$1M18.9%
% of EOY assets
0.945%
all-in expense ratio
Categories reported
3 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- PRICEWATERHOUSE COOPERS LLC
- Auditor EIN
- 134008324
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified