Johnson Controls Federal Systems, Inc 401(k) Review & Grade
Johnson Controls Federal Systems, Inc. Retirement Savings Plan
Milwaukee, WIManufacturing887 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,410Employer $ per active participant
$8,231Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$152.3MNet plan assets, end of year
$144,908Average balance per account
Score breakdown
- Employer generosity44.8 / 5090th percentile for employer $ per participant
- Low cost18.8 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving12.3 / 1582th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 90th |
| Lower admin cost | 75th |
| Employee saving | 82th |
| Peers that auto-enroll | 59% |
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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 Federal Systems put in about $6,410 per active participant, more than the typical peer ($2,320). 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 | $5,686,092 |
| Participant (employee) contributions | $7,300,778 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $136,644 |
| Investment advisory & management fees | $42,195 |
| Other admin expenses | $19,741 |
| Benefits paid out | $12,279,453 |
| Net assets, start / end of year | $133.2M / $152.3M |
| Active participants, start / end of year | 869 / 905 |
| Participants with account balances | 1,051 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Wipfli LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $42,195 reported compensation |
| Fidelity Invest. Inst. Opr. Co. | $36,223 reported compensation |
| Wipfli LLP | $21,050 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250716095456NAL0002299315001, received 2025-07-16, EIN 20-1279541, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.