Johnson Outdoors Inc. 401(k) Review & Grade
Johnson Outdoors Retirement and Savings Plan
Racine, WIProfessional, Scientific & Technical Services1,028 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,806Employer $ per active participant
$7,420Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$172.2MNet plan assets, end of year
$137,972Average balance per account
Score breakdown
- Employer generosity22.9 / 5046th percentile for employer $ per participant
- Low cost18.6 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 46th |
| Lower admin cost | 74th |
| Employee saving | 38th |
| Peers that auto-enroll | 48% |
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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 Outdoors put in about $2,806 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $2,884,491 |
| Participant (employee) contributions | $7,627,645 |
| Other contributions (incl. rollovers in) | $1,709,123 |
| Administrative expenses paid from the plan | $170,040 |
| Investment advisory & management fees | $60,000 |
| Benefits paid out | $35,873,876 |
| Net assets, start / end of year | $173.1M / $172.2M |
| Active participants, start / end of year | 1,097 / 959 |
| Participants with account balances | 1,248 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $82,909 reported compensation |
| Francis LLC | $60,000 reported compensation |
| T Rowe Price RPS Inc | $27,131 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015170211NAL0002673971001, received 2025-10-15, EIN 39-1536083, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.