Plan Ledger DOL Form 5500 · updated monthly

D.H. Griffin Wrecking Company, Inc.401(k)

D.H. GRIFFIN WRECKING COMPANY, INC PS PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

D.H. Griffin Wrecking Company, Inc. reported $102,339 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,256 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.37% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 388th-largest of 2,005 plans among North Carolina employers on file, and the 1,076th of 5,337 in construction. In 2024, employees put in $3.79 for every $1.00 the employer contributed; active participation has grown from 918 to 1,113 since 2022.

Plan summary
Net assets, end of year$48,042,868
Participants with balances1,463
Active participants1,113
Employer contributions$1,397,551
Employee contributions$5,301,719
Employer contribution per active participant$1,256
Average account balance$32,839
Benefits paid to participants$5,367,758
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$48.0M · 1,463 accts · $1.4M emplr
2023$42.4M · 1,161 accts · $1.2M emplr
2022$33.7M · 1,136 accts · $973K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,103
Investment management$33,236
Total administrative$102,339
The D.H. Griffin Wrecking Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,256
Median for plans this size$2,416
2024$1,256 per active participant
2023$1,191 per active participant
2022$1,059 per active participant

D.H. Griffin Wrecking Company, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Trustee$69,103
MMA SECURITIES LLC · Investment advisory (plan)$31,944
EMPOWER ADVISORY GROUP LLC · Investment management$1,292

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Ascensus

This plan has changed recordkeepers within these filings. If you left D.H. Griffin Wrecking Company, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$102,339 · 0.23%
2023$194,190 · 0.51%
2022$129,437 · 0.37%
Same employer
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Baker Roofing Company, LLC NC$57.3M · 0.80%
M.B. Haynes Corporation NC$50.9M · 0.02%
Brady Trane Service, Inc. NC$43.2M · 0.01%
Samet Corporation NC$38.8M · 0.25%
Ibex Hc, LLC NC$34.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 560897274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.