Johnson Controls, Inc. 401(k) Review & Grade
Johnson Controls Retirement Savings and Investment Plan
Green Bay, WIManufacturing31,488 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,543Employer $ per active participant
$8,170Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$7.2BNet plan assets, end of year
$148,022Average balance per account
Score breakdown
- Employer generosity25.3 / 5051th percentile for employer $ per participant
- Low cost16.3 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving7.0 / 1547th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 10,000+ active participants (151 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 65th |
| Employee saving | 47th |
| Peers that auto-enroll | 69% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Johnson Controls put in about $5,543 per active participant, more than the typical peer ($5,480). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $174,542,340 |
| Participant (employee) contributions | $257,269,130 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $3,922,532 |
| Investment advisory & management fees | $2,104,144 |
| Other admin expenses | $163,825 |
| Benefits paid out | $855,452,130 |
| Net assets, start / end of year | $6.2B / $7.2B |
| Active participants, start / end of year | 28,489 / 34,487 |
| Participants with account balances | 48,564 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Wipfli LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $2,104,144 reported compensation |
| Fidelity Invest Inst Opr Co. | $1,528,309 reported compensation |
| Aon Hewitt Investment Consulting | $104,772 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250716095228NAL0002297683001, received 2025-07-16, EIN 39-0380010, plan #026, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.