Johnson Financial Group, Inc. 401(k) Review & Grade
Johnson Financial Group, Inc. Retirement and Savin
Racine, WIFinance & Insurance900 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,636Employer $ per active participant
$11,008Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$278.6MNet plan assets, end of year
$203,086Average balance per account
Score breakdown
- Employer generosity40.2 / 5080th percentile for employer $ per participant
- Low cost22.6 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving11.9 / 1579th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 91th |
| Employee saving | 79th |
| Peers that auto-enroll | 62% |
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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 Financial Group put in about $6,636 per active participant, more than the typical peer ($3,606). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $5,975,418 |
| Participant (employee) contributions | $9,912,532 |
| Other contributions (incl. rollovers in) | $970,297 |
| Administrative expenses paid from the plan | $102,946 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $61,200 |
| Benefits paid out | $23,088,834 |
| Net assets, start / end of year | $251.1M / $278.6M |
| Active participants, start / end of year | 908 / 893 |
| Participants with account balances | 1,372 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Wipfli LLP |
Largest service providers (Schedule C)
| Capfinancial Partners LLC | $61,200 reported compensation |
| Fidelity Investments Institutional | $41,746 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007074608NAL0007504624001, received 2025-10-07, EIN 39-1629756, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.