Retirement plan

JOHNSON CONTROLS SELECT HOURLY RETIREMENT SAVINGS AND INVESTMENT PLAN

Name: JOHNSON CONTROLS, INC. - JOHNSON CONTROLS SELECT HOURLY RETIREMENT SAVINGS AND INVESTMENT PLAN (2019) Form 5500
Creator: JOHNSON CONTROLS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHNSON CONTROLS SELECT HOURLY RETIREMENT SAVINGS AND INVESTMENT PLAN, JOHNSON CONTROLS, INC.

JOHNSON CONTROLS, INC.EIN 39-0380010Plan #011PY 2019

5757 N GREEN BAY AVENUE - MILWAUKEE, WI 532094408414-524-1200

Other plans on this EIN

3 filings

#026Retirement-$5.81B assets #027Retirement-$2.61B assets #001Retirement--

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$629.4M

+14.9% from 2016

Total participants

13,503

+28.2% from 2016

Average account balance

$66,002

-11.7% from 2016

Annual return

22.31%

+6.31 pp from 2016

Benchmarks

See 118 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort118 peers

Snapshot2019

Participant deferral / active EE

$1,222

median $5,692

Employer contribution / active EE

$654

median $3,255

Participation rate

53.6%

median 94.8%

Avg account balance

$66,002

median $104,498

Admin fee / account holder

$106

median $73

Annual return

22.31%

median 23.17%

Overall peer rank

17of 100

17th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

Average account balance

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

$71K

Participants with account balance

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

8,536

Eligible Participants and Participation

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

50.5%

Contributions (total)

Employer and participant dollars contributed each year

$4.95M

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-97.17%

Admin fee / account holder

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

Asset composition

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

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 7 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Filed as: FIDELITY INVEST. INST. OPR. CO. Service code 37 · EIN 04-2647786	Loan Processing	$789,293
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$106,836
FOLEY & LARDNER LLP1 year Filed as: FOLEY & LARNDER Service code 16 · EIN 39-0473800	Consulting	$42,413
HEWITT ASSOCIATES LLC5+ years Filed as: AONHEWITT ASSOCIATES LLC. Service code 16 · EIN 36-2235791	Consulting	$25,080
ALIGHT SOLUTIONS LLC2 years Filed as: ALIGHT SOLUTIONS Service code 16 · EIN 82-1061233	Consulting	$21,105
WIPFLI LLP2 years Service code 10 · EIN 39-0758449	Accounting	$17,550
AON CONSULTING1 year Filed as: AON HEWITT INVESTMENTS Service code 16 · EIN 36-3109431	Consulting	$4,534

Plan features & details

Pension benefit codes2E2F2G2J2K3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$118 / participant

Contract admin$1M100.0%

% of EOY assets

0.160%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,002

$117,238-43.7%

$87,102-24.2%

$82,204-19.7%

Participation rate

53.6%

87.2%-33.6pp

76.9%-23.2pp

73.4%-19.8pp

Annual return

22.31%

25.80%-3.5pp

28.19%-5.9pp

26.31%-4.0pp

Employer contribution / active EE

$654

$3,535-81.5%

$2,521-74.1%

$2,707-75.8%

Participant deferral / active EE

$1,222

$5,976-79.5%

$4,048-69.8%

$4,246-71.2%

Admin fee / account holder

$106

$81+29.9%

$7,493-98.6%

$76+39.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Filed as: FIDELITY INVEST. INST. OPR. CO.

Service code 37 · EIN 04-2647786

Loan Processing

$789,293

STRATEGIC ADVISORS, INC.3 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$106,836

FOLEY & LARDNER LLP1 year

Filed as: FOLEY & LARNDER

Service code 16 · EIN 39-0473800

Consulting

$42,413

HEWITT ASSOCIATES LLC5+ years

Filed as: AONHEWITT ASSOCIATES LLC.

Service code 16 · EIN 36-2235791

Consulting

$25,080

ALIGHT SOLUTIONS LLC2 years

Filed as: ALIGHT SOLUTIONS

Service code 16 · EIN 82-1061233

Consulting

$21,105

WIPFLI LLP2 years

Service code 10 · EIN 39-0758449

Accounting

$17,550

AON CONSULTING1 year

Filed as: AON HEWITT INVESTMENTS

Service code 16 · EIN 36-3109431

Consulting

$4,534

JOHNSON CONTROLS SELECT HOURLY RETIREMENT SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHNSON CONTROLS SELECT HOURLY RETIREMENT SAVINGS AND INVESTMENT 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