Retirement plan

JOHNSON, O'HARE COMPANY 401(K) PLAN

Name: JOHNSON, O'HARE COMPANY, INC. - JOHNSON, O'HARE COMPANY 401(K) PLAN (2024) Form 5500
Creator: JOHNSON, O'HARE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHNSON, O'HARE COMPANY 401(K) PLAN, JOHNSON, O'HARE COMPANY, INC.

JOHNSON, O'HARE COMPANY, INC.EIN 04-2255378Plan #001PY 2024

ONE PROGRESS ROAD - BILLERICA, MA 01821978-663-9000LinkedIn11-50 employeesfood & beverages

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$51.1M

+15.9% from 2023

Total participants

630

+18.2% from 2023

Average account balance

$94,185

+3.6% from 2023

Annual return

14.22%

-4.86 pp from 2023

Benchmarks

See 1,403 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,403 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$51.14M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$94K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

543

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

84.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.22%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$369

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES8 years Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 27 · EIN 59-1237041	Advisory (Plan)	$98,534
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	-$27,201

Plan features & details

Pension benefit codes2F2G2J2T2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$200K

$363 / participant

Recordkeeping$102K50.8%
Investment mgmt$99K49.2%

% of EOY assets

0.392%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS LLP
Auditor EIN: 440160260
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,185

$89,465+5.3%

$165,100-43.0%

$77,762+21.1%

Participation rate

84.2%

78.6%+5.6pp

70.6%+13.7pp

Annual return

14.22%

28.86%-14.6pp

70.21%-56.0pp

31.27%-17.1pp

Employer contribution / active EE

$1,227

$2,565-52.2%

$4,348-71.8%

$2,728-55.0%

Participant deferral / active EE

$6,625

$4,904+35.1%

$6,035+9.8%

$4,651+42.4%

Admin fee / account holder

$369

$340+8.5%

$12,696-97.1%

$433-14.8%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES8 years

Filed as: RAYMOND JAMES & ASSOCIATES INC

Service code 27 · EIN 59-1237041

Advisory (Plan)

$98,534

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$27,201

JOHNSON, O'HARE COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHNSON, O'HARE COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion